SGQ 2.86% 3.6¢ st george mining limited

Ann: 2020 Begins with More Strong Results, page-52

  1. 915 Posts.
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    Finally had the time to go through the announcement in details.

    There is quite a lot going on at the moment, lots of news to be expected in the next 6 months. JP will have a lot on his plate.

    - MLEM survey at West end
    - Infill EM survey of the Fish Hook anomaly
    - RC infill drilling for shallow resource definition
    - Diamond drilling all the recent EM anomalies
    - Metallurgical, geotechnical, hydrological drilling (?)
    - The metallurgical testwork progressing

    2020 will definitely be busy and it is how it should be.

    I am very much looking forward to see what West End and Fish Hook can deliver. If we are lucky and both hit similar mineralisation as other prospects, we are looking at a 12km wide mineral system.
    It would be extremely unlucky if there is no big accumulation anywhere around a system of that scope.

    The 500m wide anomaly at Fish Hook is definitely a good start.

    From last december announcement, they have also found EM anomalies down-plunge at Radar and Stricklands. The diamond drill will be busy.

    Results of the metallurgical test work end of march, which seems to be focused on extracting more value from the ore via maximising the PGE (palladium) recoveries.

    Exciting times ahead.
    Last edited by BobbyMorane: 29/01/20
 
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