SGQ 8.82% 3.1¢ st george mining limited

Ann: Drilling Extends High Grade Nickel-Copper Sulphides, page-15

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,034 Posts.
    lightbulb Created with Sketch. 4047
    What I like about those core photos is although the hanging wall veins are a bit all over the shop (with some low angle to core axis) the massive Ni Cu sulphide is starting to get predictable in its location, as nearly always being on the contact of the ultramafic and the granite, and we are also starting to see off-hole EM conductors tested and these holes are coming up with sulphides which confirms the exploration method as being valid.  And they are not hideously deep, would be nice to have a bit more thickness about them but looking good so far.

    The next hole MAD57 is testing underneath hole MAD17 - I would expect good things from this hole in thickness and grade.

    Two more holes planned after MAD57 - white dots on fig 4 are the proposed collar locations, the deep 200m one (called CATH_PROP5 at the moment) will be collared northeast of MAD19, and may possibly really get some share price action if people are aware that this one will be the big deep hole testing under the guts of the existing swarm of mineralization that they have drilled out so far. If I wasn't holding SGQ I would be considering buying before the completion of the that drill hole.
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.