SGQ 0.00% 2.5¢ st george mining limited

Ann: Media Coverage on St George Mining-SGQ.AX, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,907 Posts.
    lightbulb Created with Sketch. 3237
    Ascalon Assays Timeframe


    Hi All

    Sent of an email to John this morning re:- Ascalon Assays Timeframe. Got a reply back not long ago.

    A reply on Sunday. Wow!  -  John is so dedicated!

    Cheers
    Tradealot


    On 29 May 2016, at 4:02 PM, John Prineas <[email protected]> wrote:


    , great photo – thanks.

    image.jpeg


    I stumbled across an article on the Ascalon aircraft which stated that Churchill’s maiden voyage on Ascalon was on 28 May 1943. That’s the same date we started our maiden drilling programme at Ascalon (we collared the first drill hole on 27 May and started drilling on 28 May). Hopefully, it’s a good omen. See link below:


    http://www.swafineart.com/pages/published/published_Churchills_Maiden_Voyage.html


    As regards newsflow during the RC drilling programme, we will just need to see how the drilling evolves. If we see visible gold in the RC chips, we will probably announce that straight away. The absence of any visible gold does not, of course, mean that there is no gold. Visible gold is rare, and we could still be intersecting high grade gold without any visual identification.


    We will be sending drill samples to the lab in batches – typically once a week. Standard turnaround from the lab is 4 weeks. The lab we are using is quite busy at the moment – its being used by many gold explorers in WA – so we need to be fair and wait our turn. We could request express assaying for some samples, but not all.


    There is no way of knowing what grade of gold we have intersected until we receive assays. Fortunately, we have plenty of work to do and that helps ease the anxiety of waiting.


    We will issue news as soon as possible, but we don’t want to jump the gun.


    Thanks for your support.


    Regards

    John
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.