SGQ 0.00% 2.9¢ st george mining limited

Ann: Thick Mineralisation Intersected at Mt Alexander, page-13

  1. 602 Posts.
    lightbulb Created with Sketch. 49
    I'm not sure we'll see an announcement that sends the sp stratospheric immediately.

    For me this was the exciting part:

    Further Observation on Drill Results at Stricklands:

    The most important conclusion from the drill results at Stricklands is that a significant zone of channelised
    magma flow – which is the key control on nickel sulphide deposits - has been identified with the thickest
    part of the channel potentially located in the western section of Stricklands where MAD49 was drilled.

    A priority for further exploration will be to test the interpreted down-plunge extents of the mineralised
    ultramafics at Stricklands to identify any continuity.

    The thick intervals of disseminated mineralisation in MAD49 and MAD50 suggest a vector towards the
    western part of Stricklands.
    This area is associated with a locally strong magnetic anomaly, consistent with a thicker and more
    magnesian volume of ultramafic. In addition, the ultramafic sequence here is overall less disrupted by the
    later granites and preservation of an extensive primary magmatic channel is more likely.

    DHEM surveys will be completed in the new Stricklands drill holes shortly to assist in optimising targets for
    follow-up drilling at Stricklands.


    I've said it before but IMO, if we could take MA and flip it 90 degrees and have a couple of hundred metres strike with a depth of 3km then it would be a market darling.

    AIMHO
    Last edited by LiveEagle7: 01/05/17
 
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