SGQ st george mining limited

Ann: Massive Nickel Sulphide Target at Windsor, page-3

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    FURTHER DRILLING AT WINDSOR HAS POSITIVE RESULTS
    St George Mining Ltd (“St George” or “the Company”) is pleased to announce encouraging interim results
    from the drilling of DHEM plate WINRC016_v1 (210,469 Siemens) at the Windsor nickel sulphide prospect,
    one of the high priority prospects at its 100% owned East Laverton Project in Western Australia.
    Drill hole WINDD004, which was designed to test the highly conductive DHEM plate WINRC016_v1, has
    been completed to a depth of 151m. The hole has intersected thick ultramafic between 65‐151m (end of
    hole). Importantly, the ultramafic intersected by WINDD004 has been identified as spinifex‐textured
    komatiite, which occurs with high grade massive nickel sulphide deposits in the Agnew‐Wiluna belt as well
    as at Kambalda and Windarra.

    Elevated nickel values were recorded by portable XRF analysis of the drill core at and around the modelled
    depth of the EM plate. The highest spot values from portable XRF analysis were 0.55%Ni at 96m and
    0.59%Ni at 115m down hole. A conclusive determination of the nickel content will be confirmed when
    laboratory assays are available.
    There was no conductive material observed in the drill core capable of providing the extremely high EM
    response that was modelled for DHEM plate WINRC016_v1 (210,469 Siemens). WINDD004 appears to have
    come close to testing the conductive source but has not intersected it.

    Newexco’s modelling of DHEM plate WINRC016_v1 was considered accurate in terms of identifying the
    orientation and depth of the EM plate. There was less certainty in the model regarding the actual distance​
    of the plate from the surveyed hole. A DHEM survey
 
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