Assay TV catches up with John Prineas, executive chairman of St George Mining Limited (ASX: SGQ), a mining exploration company focused on creating shareholder value through the discovery of significant deposits in Australia.
John informs us that the company has uncovered the country’s latest nickel-copper sulphide discovery at its flagship Mt Alexander Project in Western Australia. High-grade nickel-copper-sulphide-PGE mineralization occurs from just 30m below surface and over a 4.5km strike of the Cathedrals Belt. The discovery continues to grow, with ongoing definition drilling delivering further significant intersections of high-grade mineralization.
St George plans to continue rock chip sampling and field mapping of the pegmatites at Mt Alexander in order to finalize targets for drilling in Q4 2022.
Website: stgm.com.au
Primary ticker: ASX:SGQ
Stage of development: Exploration
Commodities: Nickel, Cobalt, Gold
Project to promote: Mt Alexander Project
Project location: Australia