- Exploration programs at the Mt Alexander Project have confirmed extensions of high-grade nickel-copper sulphides
- A moving loop electromagnetic survey has identified two strong conductors that are likely to be associated with nickel-copper sulphides
- Exploration programs are continuing in full swing at Mt Alexander with 24/7 drilling and further EM surveys underway
Initial results at St George’s Mt Alexander Project have confirmed extensions of high-grade nickel-copper sulphides.
Four diamond drill holes have been completed in this current program, with multiple intersections of nickel-copper sulphides and prospective ultramafic rocks.
The thickest intersection included 15.1 metres of sulphide mineralisation which consisted of 14.8 metres of diffused and blistered sulphides and 0.3 metres of massive sulphide.
The section containing the massive sulphides recorded an average XRF reading of 8.1 per cent nickel and 3.9 per cent copper.
Significant results have also been delivered from extensive electromagnetic (EM) surveys at Cathedrals Belt.
A moving loop EM survey that was completed in the under-explored area to the east of Cathedrals Belt has identified two strong EM conductors that are likely to be associated with nickel-copper sulphides.
One conductor is located 1 kilometre east of Cathedrals and is also adjacent to a nickel-copper rocks. The other is located a further 1 kilometre east at the Bullets Prospect.
“The new EM conductors identified in the Cathedrals Belt are a great reward for our ongoing methodical exploration of the Belt,” St George’s Executive Chairman John Prineas explained.
“Any drill intersection of high-grade nickel-copper sulphides in this under explored area of the Cathedrals Belt would represent a new discovery with the potential to significantly increase the endowment of high-grade mineralisation in the Belt.”
Both of these conductors are coincident with a strong magnetic linear trend known to host mineralised ultramafics in others areas at Cathedrals.
Testing of these conductors has been fast-tracked and will be carried out next week.
Another MLEM survey will begin later this week at the Fish Hook prospect and will comprise of four lines with an east-west strike of 1000 metres.
This survey is designed to cover the highly prospective area that was identified by the initial soil survey that was undertaken at Fish Hook which returned a nickel-copper soil anomaly.
Exploration programs are continuing in full swing at Mt Alexander with 24/7 drilling and further EM surveys underway.