Ann: Drilling Intersects Prospective Lithology at Paterson, page-73

@Deadfred ...."they might considere using a wedge system using the same hole for multiple testing"

This has been discussed before a few times, yet the company just keeps drilling new holes often into small conductors where they get another nice photo of drill core, but overall meaningless.

St George basically have a lot of high grade, but very small pods spread out over 6+km of ground, with none being worth digging up IMHO. They have drilled over 200 DD holes and another 190 odd RC holes, yet don't have enough to declare a JORC resource, despite 'resource drilling' happening early last year.

The pattern of this company over the last few years has been to do a small drilling campaign with a few holes here, there and everywhere, with results coming in from one area then another, jumping to looking for more EM targets, some DHEM and a few other different guesses (like gravity) to produce another exciting drill hole full of possibilities to find the motherload, that leads to disappointment, before moving to another exciting target 'over there', just to the West, East, North etc.

They never bother to include solid details of what's in the ground at the different prospects, by showing clear well labelled maps and cross sections of any one area. In fact the last ones they did release in announcements were plain wrong showing mineralisation of over 100m in thickness greater than 1%, where no such intersections existed!! (the drill holes in the cross section were not identified at all, but we all know they don't have any mineralisation anywhere near 100m in thickness!!)

I'm fairly confident that if they do luck into something worthwhile in the Paterson project, that MA will be put on the back burner, with less spending every year until it is disposed of.

For punters sake here, I hope something turns up on the Paterson tenements a lot more than just a sniff here and there, otherwise it might be another 5 years of drilling here, there and everywhere. The clarity of the Paterson announcements in regards to detailed maps, diagrams and cross sections will be interesting to compare to those from MA.