SGQ 0.00% 2.5¢ st george mining limited

Hi All, Kates9999 this may have also helped. Did anyone see this...

  1. 90 Posts.
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    Hi All,

    Kates9999 this may have also helped.

    Did anyone see this lovely article on Monday?

    Good luck to all.

    St George Mining’s drilling extends high-grade sulphide zone at Stricklands Prospect

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    11:20 04 Jun 2018
    The company's shares are trading 12.5% higher intra-day, at 14 cents.
    http://static2.*.com.au/thumbs/upload/Article/Image/2018_06/757z468_1528075759_st-george-mining_Mt-Alexander-2-757.jpg
    [BCOLOR=rgba(255, 255, 255, 0.8)]A follow-up drill program is now being designed
    [/BCOLOR]

    St George Mining Ltd (ASX:SGQ) is continuing to extend the high-grade sulphide mineralisation along a +400 metres strike of the Stricklands Prospect at the Mt Alexander Project in Western Australia.
    The high-grade nickel-copper-cobalt sulphide mineralisation at Stricklands commences from a shallow depth of about 40 metres and is open to the west, north and east.
    READ: St George Mining drilling reveals more nickel-copper sulphides


    Highlight intersections from the recent drilling include:
    • 9.75 metres at 3.46% nickel, 1.76% copper, 0.16% cobalt and 2.26 g/t total PGEs (platinum group elements) from 43.8 metres; and
    • 3.16 metres at 3.41% nickel, 1.21% copper, 0.15% cobalt and 3.3 g/t total PGEs from 66.18 metres.
    There is also potential for additional mineralisation at depth with most drill holes completed within 120 metres of surface.

    http://www.*.com.au/upload/CKEditor/draftpic.jpg
    Sizable extension to the mineralised ultramafic

    St George executive chairman John Prineas said: “We are very pleased to see laboratory assays confirming the thick intersections of high-grade nickel-copper sulphides at Stricklands from the recently completed drill program.
    “The last round of drilling at Stricklands has identified a sizable extension to the mineralised ultramafic, with new high-grade intersections in the west, north and east of the prospect area.”
    Follow-up drill program planned


    Assays are pending for further drill holes recently completed at Mt Alexander which intersected massive nickel-copper sulphides.
    Prineas added “The most exciting aspect is that there is potential for further extensions of the mineralisation with large areas of Stricklands remaining untested.
    “A follow-up drill program is now being designed.”
 
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