St George Mining Limited (ASX: SGQ) – $0.075

20 May 2015

St George Mining Limited (ASX: SGQ) has identified additional nickel sulphide drill targets at its 100% owned East Laverton Nickel Sulphide Project located in Western Australia (Figure 1).


SGQ East Laverton Ni

Figure 1. Regional setting of the East Laverton Nickel Sulphide Project



One of the new drill targets will test a potential source of the primary massive nickel sulphide stringer veins revealed from previous drilling. New three dimensional modelling has identified the local basal contact position of the ultramafic channel that remains untested.


The other targets are defined by three strong electromagnetic conductors that are proximally situated to a thick zone of disseminated nickel sulphides. Disseminated nickel sulphides often form a halo around a massive nickel deposit, making these electromagnetic conductors high priority targets for the company.


The diamond drilling program is planned for approximately 2,100 metres to test at least 7 massive nickel sulphide targets. The program is scheduled to commence in the last week of May 2015 and is expected to be completed in approximately 6 to 7 weeks.



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