Ann: Seismic Results Unlock Stand-Out Targets, page-47

Hi @mitis

Nothing to forgive as your interpretation of JP's statements are the same as mine. They would have factored in all their accumulated knowledge about all the rock types, geology, structural and lithological mapping obtain from the multiple surface and downhole surveys (including the MT/AMT fault structure survey) and all the drilling results from Cathedrals Belt into the seismic modelling to ensure all known information and factors have been considered. All the hard rock / high density rock hits in the Cathedral Belt to date have come back as massive nickel sulphide and nothing else so based on the trajectory of the down dip extensions and the fault structures this seismic target should be massive nickel sulphide.

However, in life there are no guarantees when it comes to investing in resource explorers and one key factor that needs to be considered is that St George has never drilled a seismic and / or interpreted massive nickel target at this depth before and it is not a DHEM target so until it is drilled no one knows 100%. If by chance it is not massive nickel sulphide, I'd be super happy with another high density material called gold.

Watch this space over the next few weeks as the market starts waking up to what has been identified and the significant discovery that may very well materialise from this target.

I do hope the long term holders that got spooked into selling by all the negativity over the last few months do consider giving St George one more punt as I'd love for them to share in the spoils if things do work out with this target.

All the Best of Luck
SandyC