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- St George Mining (ASX:SGQ) uncovers several new, large-scale lithium soil anomalies at its Mt Alexander project in Western Australia
- The largest anomaly stretches over 2.7 kilometres, with another measuring 1.7 kilometres by 1.3 kilometres near the Manta prospect
- Scheduled drilling at the new soil anomaly targets, where no previous drilling has occurred, is slated for March 2024
- St George is also engaging with ERM (formerly CSA Global) for advice on lithium prospectivity and targeting
- SGQ last traded at 2.6 cents
St George Mining (ASX:SGQ) has uncovered several new, large-scale lithium soil anomalies at its Mt Alexander project in Western Australia.
The largest anomaly stretches over 2.7 kilometres, with another measuring 1.7 kilometres by 1.3 kilometres near the Manta prospect, where drilling previously intersected a 121-metre-thick pegmatite body.
These findings stem from a geochemical survey conducted in Q4 2023 across key areas of Mt Alexander.
The survey identified high-grade lithium anomalies at Jailbreak West, Mt Alexander East, Manta East, and Manta, hinting at the potential for significant lithium mineralisation.
“We are very pleased with the results of the latest soils programme, which delineated not just one but a series of strong kilometre-long lithium soil anomalies in areas not yet drill tested for lithium,” SGQ Executive Chairman John Prineas said.
“The consistency and cohesiveness of the lithium values within these large-scale anomalies is impressive.
“The coincident pathfinder elements like tantalum and caesium as well as the extensive pegmatite outcrop make these areas compelling drill targets.”
Drilling permits are already secured, and the company is set to test these targets in March 2024.
ERM
St George has also partnered with ERM (formerly CSA Global), a leader in hard-rock lithium exploration, to gain further insights into prospectivity and targeting strategies at Mt Alexander. ERM will conduct a field review alongside St George’s technical team.
With more than 500 mapped pegmatite outcrops identified, the project holds significant exploration potential.
SGQ last traded at 2.6 cents.
