- West Australian nickel miner St George Mining (SGQ) has commenced drilling at its flagship high-grade Mt Alexander Project in Western Australia
- Currently, the company is focussed on exploring multiple new electromagnetic (EM) conductors at the project
- The first target slated for drilling is a 33,100-siemens off-hole conductor, which is expected to be intersected at 340 metres downhole
- Meanwhile, over at the Stricklands prospect, seven diamond core holes have been drilled, with samples sent to Canada for metallurgical test work
- On the market today, St George is up 6.06 per cent and trading at 10.5 cents per share
St George Mining (SGQ) has commenced drilling at its flagship high-grade Mt Alexander Project in Western Australia.
The nickel miners are exploring multiple new electromagnetic (EM) conductors at the project.
The first target being drilled is a 33,100-siemens off-hole conductor, which is expected to be intersected at 340 metres downhole.
St George will then drill the second target, the strongest of the two off-hole anomalies from the downhole EM survey in hole MAD192, with a conductivity of 55,550 Siemens. This is predicted to intersect at 340 metres downhole.
“We are excited to start drilling of these powerful conductors and look forward to reporting results as drilling progresses,” Executive Chairman John Prineas said.
“With the nickel price continuing to rise, nickel demand for the EV market growing and a dearth of highgrade nickel sulphide exploration success across Australia, Mt Alexander is well positioned to attract attention from investors looking for significant new high-grade nickel sulphide discoveries,” he added.
St George says due to COVID-19 travel and restrictions introduced in Western Australia on January 31, the availability of drill crews have been impacted.
The replacement crew was unable to travel to Mt Alexander for the scheduled shift change on February 9 and drilling has continued with a single shift since that date. However, a second drill crew is expected to arrive at Mt Alexander soon to allow drilling to resume 24/7.
Stricklands Prospect
Meanwhile, over at the Stricklands prospect, seven diamond core holes have been drilled.
The holes have provided mineralisation for test work, which is currently underway with XPS in Canada.
Approximately 200 kilograms of core samples have been prepared for air freight to Canada.
Notably, all drill holes are located within the existing resource envelope for Stricklands.
Deeper drilling is now planned for Stricklands to test for potential extensions of the mineralisation down-plunge and below the existing resource envelope.
“The metallurgical drilling at Stricklands has successfully concluded, with high-grade samples now being prepared for transport to Canada,” John said.
“The thick nickel-copper sulphides at shallow depths intersected by the met holes is a reminder of the excellent high-grade mineralisation at Stricklands and its potential to support a robust starter mine,” he added.
On the market today, St George is up 6.06 per cent and trading at 10.5 cents per share at 10:45 am AEDT.