SGQ

3.23%

3.2¢ st george mining limited

Ann: Soil Assays Confirm New Ni-Cu Target at Mt Alexander, page-7

First 7 Last

Share
Profile

Follow
sircorp

13,234 Posts.

555

02/08/21

09:57

Post #: 54952348
Share

Originally posted by tbirdsrgo: ↑

2 August 2021
SOIL ASSAYS HIGHLIGHT EXCITING POTENTIAL FOR NICKEL-COPPER SULPHIDE
MINERALISATION IN UNEXPLORED AREA OF MT ALEXANDER
• Assays for the soil geochemical survey in progress at St George’s 100% owned E29/1041
return highly anomalous values for nickel, copper and chromium
• Anomalous soil values overlie a strong magnetic linear trend that is interpreted to
represent a series of intrusive units
• Soil anomaly has a strike of more than 1,600m, with assay values for nickel and copper
exceeding those observed in soil surveys at the nickel-copper sulphide-bearing Cathedrals
Belt
• The shape and distribution of the anomalous soil values match the shape of the magnetic
trend, further supporting the interpretation that the magnetic feature may represent a
fertile intrusive unit similar to the highly mineralised Cathedrals Belt
• Drilling at the new Carnac Prospect on E29/1041 is scheduled for mid to late August
Growth-focused Western Australian nickel company St George Mining Limited (ASX: SGQ) (“St George” or
“the Company”) is pleased to announce the identification of a highly anomalous nickel-copper soil anomaly
in an unexplored area at its flagship Mt Alexander Project, located in the north-eastern Goldfields.

John Prineas, St George Mining’s Executive Chairman, said:
“The results of the soil survey at E29/1041 are very exciting and warrant high-priority follow-up at this
unexplored area of the Mt Alexander Project.
“The peak soil values at E29/1041 are coincident with the strong magnetic features and provide a compelling
target for potential nickel-copper sulphide mineralisation.
“These anomalous soil values are higher than anything we have seen at the Cathedrals Belt, where a number
of high-grade nickel-copper sulphide discoveries have already been made.
“The drill rig currently engaged at our Paterson Project has another two weeks’ work to do there before it
will be mobilised to Mt Alexander to begin drilling on E29/1041 – at the newly named Carnac Prospect.
“Drilling and exploration to date at Mt Alexander has successfully focused on the Cathedrals Belt, where
numerous discoveries of high-grade nickel-copper sulphides have been made.
“That success has encouraged us to ramp up field work across the broader Mt Alexander tenement package
and we are delighted that our systematic exploration on this 100%-owned tenure – where there has been no
previous exploration – has already identified some exciting opportunities.”

Expand

Excellent Results.

SGQ Price at posting: 6.8¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

Reply

Top Stories

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Bitcoin investors need to know the risks

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

There are more pages in this discussion • 86 more messages in this thread...

First 7 Last

Add SGQ (ASX) to my watchlist

(20min delay)
Last 3.2¢		Change 0.001(3.23%)		Mkt cap ! $31.63M

Open	High	Low	Value	Volume
3.1¢	3.2¢	3.0¢	$55.18K	1.787M

Buyers (Bids)

No.	Vol.	Price($)
3	939421	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	358179	5

View Market Depth

No.	Vol.	Price($)
3	939421	0.030
1	15000	0.029
2	1633333	0.028
3	282592	0.027
2	320000	0.025

Price($)	Vol.	No.
0.032	333179	3
0.033	1743550	6
0.034	1397058	3
0.035	1440626	5
0.036	414207	2

Last trade - 16.10pm 12/07/2024 (20 minute delay)

SGQ (ASX) Chart

Ann: Soil Assays Confirm New Ni-Cu Target at Mt Alexander, page-7

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Bitcoin investors need to know the risks

Immutep reports strong response rate from immunotherapies treating carcinomas

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Soil Assays Confirm New Ni-Cu Target at Mt Alexander, page-7

Top Stories

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Bitcoin investors need to know the risks

Immutep reports strong response rate from immunotherapies treating carcinomas

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News