SGQ 6.25% 2.6¢ st george mining limited

The much anticipated deep drill program

  1. 541 Posts.
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    Hi ALL SGQ holders,
    This message will be short and sweet.
    I touched base with John yesterday and passed on all of the advice of the armchair geologists (a chuckle - as some have noted before - as St George have some of the best technical professionals in the business looking after our interests - as well as John)

    He said:
    Our geologists have designed drill holes to test the new deep conductive targets with the aim of having the best chance of discovery success. The drill holes are designed to intersect the strongest conductive area of these targets, which in theory should be the best area for potential sulphide mineralisation.
    We will issue an ASX Release early next week with a drilling update.


    I expect people in all camps will be happy:
    • For those that want the priority of a JORC resource - they would be happy that the intent is for infill drilling to define a resource asap and more drill cores prioritized for Canadian metallurgical work - all aimed at mining the shallow mineralisation asap.
    • For those that are most excited by the deep drilling campaign - they would be happy with the potential for this to start showing us the belly of the beast/beasts. I personally am on absolute tenterhooks as I believe this is the most exciting campaign in St Georges history (In My Humble Opinion).
    We must respect that the deep anomalies of an expected intrusive system that has thrown up the mineralisation we have encountered to date at shallow depths may not be massive sulphides - my money is not on that outcome. We dare to dream - and I expect we will be well and truly woken up over the next 2 to 3 months.

    Cheers and GLTAH
    IO
 
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