Ann: Media Coverage on St George Mining-SGQ.AX, page-3

Greetings team
This announcement is the one that marxist posted a few days ago (well picked up marxist)

I particularly liked these extracts with my emphasis in blue of John's replies
RESOURCEStocks: It’s been less than a year since St George acquired a 75% stake from BHP Billiton in the Cathedrals, Stricklands and Investigators prospect (held in joint venture with successful nickel miner Western Areas holding a non-contributing 25% interest until a decision to mine). Are you comfortable with the rate the project is progressing and what are the key milestones you hope to achieve in the coming year?
John Prineas: We acquired the core tenement at Mt Alexander in late January 2016. By March 2016, we were on the ground completing a major electromagnetic survey. In April 2016, we started our first drill campaign at Mt Alexander and followed up with a second phase of drilling in July/August 2016. The project is progressing rapidly, certainly quicker than it would with a major mining company.
Senior mining analysts have identified Mt Alexander as one of maybe two or three discoveries this year that could quickly progress to a mining operation. We will keep progressing on this path with more drilling, more target generation and commencement of work on resource definition.
RESOURCEStocks: You’ve extended your tenement foothold in the region to about 200sqkm, including a new licence (E29/954) covering an area that has never been previously explored along strike from the Cathedrals prospect, what gives you confidence in the region’s prospectivity?
John Prineas: The project is very under-explored with some areas totally unexplored. That’s a dream exploration project given the extensive massive nickel-copper sulphides already encountered. There is a large nickel-copper system here and we have only scratched the surface so far.
We are achieving freakish results at the moment such as every conductor drilled in the Cathedrals Belt being confirmed as nickel-copper sulphide mineralisation. That kind of hit rate is unprecedented and gives us tremendous confidence in the potential of the project.
RESOURCEStocks: What exploration do you have planned for your existing and newly-acquired tenements and how will this be funded?
John Prineas: In the Cathedrals Belt, we will complete a deep search electromagnetic survey to investigate for further mineralisation beyond the depths we have tested. We will also complete infill and extensional drilling at the discoveries made in this belt so far. On the regional level, we are completing an airborne magnetic survey which we expect to identify more ultramafic rocks that could be prospective for further nickel-copper sulphides.
We raised A$6.5 million in August 2016 with strong support from Bell Potter, Argonaut and RM Capital. We are well funded to take the project to the next level and achieve another higher re-rating for St George.

This gives us all the long term confidence investors hope for. (and this is just Mt Alexander)
Welcome to any new investors who have only recently become aware of just what a story is unfolding here

Cheers
IO