SGQ 2.86% 3.6¢ st george mining limited

Ann: Mt Alexander - Drilling Update, page-59

  1. 7,580 Posts.
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    Hi helmenesh

    You have to go back to announcements from early 2017 to get the data for Stricklands. The width of mineralisation ranges from 1/2m to 22m's. The attention moved quickly to Investigators.... l imagine because Stricklands is narrower.
    The recent announcement is reporting at least one high grade result over 11.9m's. I think there's some chance management has been aware of the mining potential for Stricklands but it's not enough on its own... hence the exploration moved on. They were confident enough however to do some PQ cores and seem to have known exactly where to get them.
    Undoubtedly, there's plenty of skinny areas but I think there's also some very meaty chunks.

    My initial post was in reply to @SandyC where he raised the possibility of 40kt and my post was to suggest that it's not a vain hope. Certainly, as others have pointed out it's unlikely to be Ni but in combination with the other credits it's a maybe. The main game is finding the feeder but once that's located Stricklands will play a key role in commercialising the project... imo.
 
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