Ann: Drilling to Resume at Mt Alexander, page-2

"John Prineas, St George Mining’s Executive Chairman, said:

“We are very excited to be resuming diamond drilling at Mt Alexander this week. The very strong EM
conductors that will be drilled are outstanding targets for massive sulphide mineralisation.
“We have never had a false positive EM reading at the Cathedrals Belt with all conductors of this kind
drilled being confirmed as nickel-copper sulphides.
“The new conductors are located approximately 500m to 800m north-west of known massive sulphides in
the Cathedrals Belt and are the deepest conductors identified in the Belt.
“The discovery of new nickel-copper sulphide deposits in these locations would be a major success in our
ongoing exploration at Mt Alexander and significantly expand the potential footprint of high-grade
mineralisation at the Project.
“We are also excited about activities planned across the wider tenement package at Mt Alexander. These
areas are either underexplored or unexplored and offer an excellent opportunity to add to the exploration
success we have already achieved at the Cathedrals Belt.
“As the nickel price reaches a 10-year high, St George is well positioned to deliver significant shareholder
value through its ongoing exploration and development programmes at Mt Alexander.
“With high-grade nickel-copper-cobalt-PGEs at Mt Alexander commencing 30m from surface, a large
underexplored mineral system and a location in an established mining region of Western Australia – in the
backyard of major mining companies – our Project commands unique attention amongst its peers.” "