John Prineas, Executive Chairman of St George Mining, said: “Preliminary observations of the first hole at Desert Dragon Central suggest we have encountered a broad interval of sulphides at the base of the upper ultramafic unit which includes a massive nickel sulphide stringer vein.“The results of this hole are very encouraging and continue to support the potential of this channel complex to host massive nickel sulphide deposits. “There are three more holes planned at Desert Dragon Central and they are now of increased importance. The results from this drilling will be keenly anticipated.”
Note....."The geological setting and geometry of the stringer vein infers it is magmatic (i.e. primary) in nature. This supports the potential for further massive sulphides in this ultramafic channel. Additional geochemical analysis will be undertaken to validate this."
Yep, all good imo.....pieces of jigsaw coming together....
Cheers
GF
SGQ Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held
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