SGQ 0.00% 2.5¢ st george mining limited

Ann: Quarterly Activities and Cashflow Report, page-3

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  1. 1,581 Posts.
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    Some interesting points that I have taken out from the QR.

    1. Starter mine met tests: Sequential flow sheet (seperate ni/cu flotation) deemed to result in better recoveries than bulk flow sheet. Final test work proceeding on that basis with further test work results later Q4 2021.

    2. Drilling hasn't started at Patersons: Rig not available as expected, Alternative rig being sought.

    3.Seismic survey completed for 3 of 5 lines: Three lines completed at West End/Investigators...results pending.

    4. Infil drilling at Cathedrals: 33 RC holes completed...assays pending (no XRF provided?)

    5. New Tech Team: Dave O'Niell has gone and Dave Mahon steps up to lead the technical team with two new full time exploration geologists.

    6. Cash: enough for 2.7 quarters...more will need to be raised

    Cheers
    Mulac1

 
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