St George Mining Limited (ASX: SGQ) has announced assay results from the recent REE drill programme completed at the Destiny Project, in the Eastern Goldfields region of Western Australia.
The follow-up drill programme completed earlier this month has successfully confirmed further continuity of the clay-hosted REE discovery announced by St George in December 2023.
“We are very pleased with the results of our follow-up drilling programme which has significantly expanded the lateral continuity of the rare earths mineralization footprint at Destiny.” Said John Prineas, executive chairman. “The latest assay results confirm that the near-surface high-grade mineralization is widespread and consistent in grades and thickness across the 15km2 area tested by drilling to date.”
Significant new assay results include:
- WGAC0057: 34m @1,363ppm TREO, 245ppm MREO from 12m including 3m @ 2,910ppm TREO, 550ppm MREO from 41m
- WGAC0062: 30m @ 1,581ppm TREO, 310ppm MREO from 19m including 3m @ 2,629ppm TREO, 474ppm MREO from 28m, and 3m @ 2,168ppm TREO, 491ppm MREO from 34m
- WGAC0063: 29m @ 1,394ppm TREO, 266 ppm MREO from 6m including 3m @ 2,065ppm TREO, 408ppm MREO from 13m, and 3m @ 2,443ppm TREO, 487ppm MREO from 19m
The company has stated that continued drilling success at Destiny provides a compelling case to progress the REE exploration programme. The next steps include a further follow up drill programme to fully scope out the extent of the REE mineralization, including deeper RC drilling, detailed metallurgical testwork to assess the beneficiation methods most appropriate for the Destiny mineralization, and modeling the interpretation of the new gravity data.
To find out more, please visit www.stgm.com.au
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