SGQ st george mining limited

Ann: Drilling Intersects Pegmatites with Visible Lithium, page-5

  1. 14,065 Posts.
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    WOWSERS Indeed!! Interesting words used by JP.

    John Prineas, St George Mining’s Executive Chairman, said:
    “Exploration is in full swing at Mt Alexander and we are delighted with the positive results being
    delivered by our team in the field.
    “Exciting news is starting to emerge from our first-ever lithium drill programme at the Jailbreak
    Prospect which – though still at an early stage – has already confirmed the near-surface continuity of
    lithium-bearing pegmatites.
    “The latest assays for rock chip samples have delivered our highest-grade lithium values at Jailbreak,
    providing further validation of the potential for pegmatite-hosted lithium mineralisation at Mt
    Alexander. Significantly, the high-grade assays now extend across five pegmatites mapped across a
    broad area.
    “The drilling programme will increase in scope next week with diamond drilling scheduled to
    commence alongside the ongoing RC campaign.
    “With drilling of both our nickel and lithium targets at Mt Alexander, the next few weeks will be a very
    productive end to the year for St George and we look forward to reporting more results to
    shareholders as they come to hand.”
 
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