SGQ 0.00% 3.4¢ st george mining limited

Ann: Mt Alexander - Drilling Update, page-127

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    This is just very simplified napkin math but I should provide the hypotheses so it can be discussed :

    200×50m Massive sulphides footprint
    200×100m Disseminated sulphides footprint

    Average true thickness × grade of 12%.m Ni over the massives sulphides.
    (Can be 2.4m@5% or 4m@3% or any combination)
    Average true thickness × grade of 6%.m Ni over the disseminated area.
    (Can be 6m@1% or [email protected]% or any combination)

    2.5 specific gravity

    It gives a 6kt Ni contained, plus PGE/Cu credits probably ~8kt equivalent.

    I believe that's pretty generous metrics considering the significant intercept tables at Stricklands in previous announcements.
 
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