St George Confirms New Ni-Cu Target at Mt Alexander
ADVERTISEMENT
The Assay - Mining investment news, insights and company profiles
Mining investment news, insights and company profiles
No Result
View All Result
Subscribe
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
The Assay - Mining investment news, insights and company profiles
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home News

St George Confirms New Ni-Cu Target at Mt Alexander

byThe Assay
2 years ago
Reading Time: 3 mins read
St George Confirms New Ni-Cu Target at Mt Alexander

Soil Assays Highlight Exploration Upside At Flagship Project

 Western Australian nickel company St George Mining Limited (ASX: SGQ) has identified a highly anomalous nickel-copper soil anomaly in an unexplored area at its flagship Mt Alexander Project, located in the north-eastern Goldfields of Western Australia.

 John Prineas, St George Mining’s Executive Chairman, said the results of the soil survey at E29/1041 are very exciting and warrant high-priority follow-up at this unexplored area of the Mt Alexander Project.

 “The peak soil values at E29/1041 are coincident with the strong magnetic features and provide a compelling target for potential nickel-copper sulphide mineralisation,” Mr Prineas said.

“These anomalous soil values are higher than anything we have seen at the Cathedrals Belt, where a number of high-grade nickel-copper sulphide discoveries have already been made.

“The drill rig currently engaged at our Paterson Project has another two weeks’ work to do there before it will be mobilised to Mt Alexander to begin drilling on E29/1041 – at the newly named Carnac Prospect.

“Drilling and exploration to date at Mt Alexander has successfully focused on the Cathedrals Belt, where numerous discoveries of high-grade nickel-copper sulphides have been made.

“That success has encouraged us to ramp up field work across the broader Mt Alexander tenement package and we are delighted that our systematic exploration on this 100%-owned tenure – where there has been no previous exploration – has already identified some exciting opportunities.”

The potential at E29/1041 was first recognised in a review of historical regional government magnetic data for the tenement, which showed two distinct magnetic trends with an east-west strike of approximately 8km that are potentially analogous to the similarly oriented Cathedrals Belt.

Rock chip sampling and field mapping at the tenement were completed earlier in 2021 by St George. XRF analysis of rock chips from the area of the magnetic trends recorded metal values of up to 2,475ppm Ni and 105ppm Cu in the mafic rocks. These values are interpreted as being too elevated for barren Proterozoic dolerite dykes and more indicative of potential intrusive-style rocks. These encouraging early results warranted follow-up exploration.

An orientation geochemical soil survey at E29/1041 was commenced on widely spaced 200m traverses with coverage over the two distinct magnetic trends – an area of interest that is now named the Carnac Prospect. In addition to the soil sampling, a high-resolution airborne magnetic survey with 100m line spacing was completed by St George at E29/1041. The data confirmed the presence of two distinct magnetic trends that cut across each other.

The main east-northeast trend shows a series of strong, linear magnetic features – with the same orientation as the Cathedrals Belt. Significantly, the features within E29/1041 appear to have a stronger magnetic response than at the Cathedrals Belt and may represent a series of intrusive units analogous to the Cathedrals Belt.

For further information please visit: https://stgm.com.au/

Tags: ASX:LITASX:SGQExplorationNickelWestern Australia
TweetShareSend
Previous Post

Southern Gold To Advance Strategy With Change In Leadership

Next Post

The Two Discoveries that Led to a Major Copper-Gold Rush in Australia

Related Posts

Snowline Gold Intersects Wide Zone of Shallow Mineralization in Yukon
News

Snowline Gold Intersects Wide Zone of Shallow Mineralization in Yukon

byColin Sandell-Hay, Contributor - The Assay
4 February, 2023
Assays Confirm 50% Boost to American Rare Earths’ Halleck Creek Zone
News

Assays Confirm 50% Boost to American Rare Earths’ Halleck Creek Zone

byColin Sandell-Hay, Contributor - The Assay
3 February, 2023
Siren Gold to Raise A$2.6m to Fund Exciting NZ Exploration Opportunities
News

Siren Gold to Raise A$2.6M to Fund Exciting NZ Exploration Opportunities

byColin Sandell-Hay, Contributor - The Assay
3 February, 2023
SUH Samples High-Grade Copper and Silver in Rock Chips in Chile
News

SUH Samples High-Grade Copper and Silver in Rock Chips in Chile

byColin Sandell-Hay, Contributor - The Assay
3 February, 2023
Peregrine Identifies Anomalous Lithium, Tantalum and Gold at Pilgangoora North
News

Peregrine Identifies Anomalous Lithium, Tantalum and Gold at Pilgangoora North

byColin Sandell-Hay, Contributor - The Assay
3 February, 2023
Libero Copper & Gold Obtains Mocha Drill Access in Colombia
News

Libero Copper & Gold Obtains Mocoa Drill Access in Colombia

byColin Sandell-Hay, Contributor - The Assay
2 February, 2023
Next Post
The Two Discoveries that Led to a Major Copper-Gold Rush in Australia

The Two Discoveries that Led to a Major Copper-Gold Rush in Australia

ADVERTISEMENT

Popular Articles

  • Bolivia Maintains it Historic Profile as a Global Silver Centre

    Bolivia Maintains Its Historic Profile as a Global Silver Centre

    0 shares
    Share 0 Tweet 0
  • The Rise and Rise of Indonesian HPAL – But Can It Continue?

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Palladium vs Platinum

    0 shares
    Share 0 Tweet 0
  • Zinc Mining & Market Outlook 2022-2025

    0 shares
    Share 0 Tweet 0
  • Japan Entering a Golden Age of Exploration

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Articles
  • Investor Discussions
  • CEO Interviews
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Our Team
  • Contact Us
Hyve logo

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy

© 2023 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy

© 2023 The Assay

Go to mobile version