SGQ 5.00% 1.9¢ st george mining limited

Ann: Seismic Delivers Another Standout Target at Mt Alexander, page-74

  1. 1,579 Posts.
    lightbulb Created with Sketch. 305
    Hi there SandyC,

    Thanks for some very informative posts that assist in understanding what SGQ potentially has in S1 and S2.

    I agree with your comment in an earlier post that perhaps S2 should be the first drill as it is shallower and most likely much cheaper to drill.

    This is possibly the most intriguing chapter in SGQ's history.

    This from the 9 December announcement must be music to shareholders ears.....

    "Deep-seated intrusive network: The seismic data shows the Transits Belt structure and the Cathedrals Beltstructure dipping to the north and converging at more than 1,000m below surface into what is interpretedto be a larger mantle-tapping structure, which would have been a primary conduit through which intrusiverocks and nickel-copper sulphide mineralisation travelled to the surface.

    Deep magmatic structures of this kind are indicative of a large mineral system with the potential to hostsignificant volumes of mineralisation.

    Modelling and interpretation of the seismic data are continuing and it is anticipated that further materialfindings will be delivered that will assist ongoing exploration."


    There may be an S3 and an S4; S5....who knows?

    Cheers
    Mulac1
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $18.78M
Open High Low Value Volume
2.0¢ 2.1¢ 1.9¢ $12.14K 621.0K

Buyers (Bids)

No. Vol. Price($)
3 275919 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 250000 1
View Market Depth
Last trade - 16.10pm 09/05/2024 (20 minute delay) ?
Last
1.9¢
  Change
-0.001 ( 5.00 %)
Open High Low Volume
2.1¢ 2.1¢ 1.9¢ 105956
Last updated 15.51pm 09/05/2024 ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.