St George has more nickel success at Windsor

THE DRILL SERGEANT: St George Mining (ASX: SGQ) has reported further successful drilling results from Phase 2 of the 2014 drilling campaign at the company’s 100per cent-owned East Laverton property in Western Australia.

Interim XRF results for drill hole WINRC007, the latest hole completed at the Windsor nickel prospect, indicate the hole intersected two mineralised ultramafic units ‐ 18 metres at 0.33 per cent nickel from 179m and 60m at 0.31 per cent nickel from 238m.

Higher grade zones encountered within these intervals include:

4m at 0.46 per cent nickel from 280m;

2m at 0.53 per cent nickel from 287m; and

The highest nickel value St George has encountered at Windsor to date:

1m at 0.76 per cent nickel from 287m.

 

XRF geochemical profile of WINRC007. Source: Company announcement

 

“The Phase 2 drilling program is delivering some excellent results which have created significant new value for our exploration project,” St George Mining executive chairman John Prineas said in the company’s announcement to the Australian Securities Exchange.

“In particular, our drilling at Windsor has been successful in progressing what was a single nickel sulphide intersection – the DRAC38 discovery hole by BHP Billiton ‐ into an important nickel prospect.

“The multiple occurrences of disseminated nickel sulphides at Windsor evidence the strong potential of this prospect to host a massive nickel sulphide body.

“This is an important achievement in our systematic search for an economic nickel sulphide deposit at East Laverton which has brought us substantially closer to potential exploration success.”

Website: www.stgm.com.au