St George Mining announces nickel-copper sulphide discovery in Western Australia
St. George Mining said today that assays confirm high-grade nickel-copper sulphide discovery at its Mt Alexander project in Western Australia.
The company's MAD199 showed 11.07m @ 1.58% Ni, 0.71% Cu, 1.23g/t total PGEs from 333.5m including 3.9m @ 3.98% Ni, 1.8% Cu, 3.1g/t total PGEs from 340.67m and including 1.28m @ 6.54% Ni, 2.96% Cu, 3.88g/t total PGEs from 342.12m.
John Prineas, St George Mining’s Executive Chairman, touted the result.
“The high-grade intersection in MAD199 is a very important breakthrough in our exploration of the Cathedrals Belt," said Prineas.
“The MAD199 discovery is the deepest occurrence of massive nickel-copper sulphides identified in the Cathedrals Belt and supports the prospectivity of more high-grade deposits at depth.
“With multiple strong EM conductors identified from MAD199 as well as from the first step-out hole at MAD201, we are confident of drilling more high-grade mineralisation in this area.
“The search for nickel-copper sulphides at depth is still at an early stage and we are pleased to be rolling out a low-cost seismic survey that has the potential to identify in high-resolution the intrusive host system and any mineral deposits at depth."