SGQ st george mining limited

OK, so this TRUMPS ESR - I am expecting at least the same impact...

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    OK, so this TRUMPS ESR - I am expecting at least the same impact on the SP!

    "Two very strong off-hole electromagnetic (EM) conductors – modelled with conductivity
    of 49,000 and 16,200 Siemens respectively – have been identified by the downhole EM
    (DHEM) survey in MAD184
    • The new EM conductors were detected approximately 475m downhole in MAD184 and
    represent the deepest conductors ever identified at Mt Alexander
    • MAD184 was drilled at the West End Prospect, in an area with no prior drilling and more
    than 800m north-west of known massive sulphides in the Cathedrals Belt
    • The electrical signature of the new conductorsis consistent with a massive sulphide source
    • All other EM conductors with similar characteristics in the Cathedrals Belt have been
    confirmed by drilling to be massive sulphides with high grades of nickel, copper, cobalt and
    PGEs
    • Modelling of the DHEM survey data for MAD184 has defined two discrete EM plates for
    drill testing with the EM anomalism open in all directions and further drilling required to
    fully test the scale of the potential massive sulphide source
    • Drilling of the new EM conductors is scheduled to commence early next week with
    outstanding potential to make a new discovery of massive sulphide mineralisation
    • New EM conductors further confirm the camp-scale potential of the +16km long
    Cathedrals Belt with four shallow high-grade nickel-copper sulphide deposits already
    discovered and new high priority targets being established
    • DHEM surveys in other recently completed drill holes have also identified additional EM
    anomalies which are being assessed and prioritised for drill testing"

    Last edited by tbirdsrgo: 21/10/20
 
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