SGQ 8.82% 3.1¢ st george mining limited

Ann: Investor Presentation, page-51

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  1. 1,195 Posts.
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    Spot on SandyC. I was about to post something along these lines when I read your post. Very well summarised. Baring a couple of flukes, we are a fair way from any kind of a resource estimate yet. The RC programme will hopefully open a few more windows by way of allowing more deeper geophysical probing to light up some of the deeper zones you are referring to, I suspect the RC rigs will be limited to a maximum 400m.if that, unless they are a combination rig and they can extend the holes with diamond tails if warranted. I'm sure we will get some good intersections in the shallow drilling campaign but that, I agree with you SandyC, is not going to define a resource although it would define the geology better as well as the geometry of the structure hosting the discovered mineralisation. And really, at this stage, this is what is needed to get SGQ to the next level and keep it there. May be Seanl can focus on that. Then he might be able to justify reasons for his forecast.  Well expressed SandyC keep the posts flowing.

    Cheers,

    Helmenesh
 
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