St George Mining has identified new priority nickel-copper-PGE targets at its flagship high-grade Mt Alexander project near Menzies in Western Australia. A Seismic survey has indicated large intrusion structures prospective for nickel sulphides have the potential to host significant volumes of mineralisation.
The company has announced drilling is now underway on the first of five targets with management saying existing high-grade nickel-copper-PGE deposits at Stricklands and Cathedrals in the Cathedrals Belt will be the subject of resource definition to assess the potential for a starter mine. Four of the targets are located on ground 100 per cent owned by St George. The seismic surveys to date cover only 3 kilometres of the more than 15km of strike length for the mineralised belts.
St George interpret the structures as continuing beyond the seismic survey area in line with magnetic survey data suggesting there may be plenty to get excited about as the project develops. St George has a strong geological team that has considerable local nickel sulphide experience with WMC and Western Areas.
With the addition of new priority targets and the discovery of several parallel mineralised belts, St George is turbo-charging its push for a new nickel-copper-PGE mining operation in Western Australia.