Assay TV talks to John Prineas, Executive Chairman of St George Mining Limited (ASX: SGQ), about his company’s flagship Mt Alexander Project – specifically the 5.5km strike at the Cathedrals Belt site. The company has just completed a seismic survey at this location and has identified a large target down-dip of the shallow high-grade nickel-copper sulphide mineralization present.
The new, large target, located about 800m below surface, has a dip-extent of more than 450m. John discusses the modelling and interpretation of the seismic survey data, saying that further drilling will commence in January 2022 in order to test this high-priority target.
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