News Articles for St George Mining

St George Mining's new step-out drill hole near Leonora looks to have hit the goods after intersecting high grade nickel-copper sulphides in the eastern section of the Investigators Prospect at the Mt Alexander Project near Leonara. Portable XRF readings show up to 8.6% nickel and 2.6% copper. A down-hole electromagnetic survey will assist in identifying the extent of the massive sulphides around the drill hole.

St George Mining has successfully drill targeted high grade nickel-copper sulphide ores at the Investigators prospect, 100km west of Leonora in the northern Goldfields region of Western Australia. A 7.55m intersection of disseminated and massive sulphide mineralisation was intersected after a strong off-hole EM conductor suggested it was there. Preliminary XRF assays average an exceptional 8% nickel and 7% copper in the massive sulphides.

St George has commenced drilling across 5 EM conductor targets at its Investigators and Cathedrals prospects, 100km west of Leonora in the northern Goldfields of W.A. The company is seeking extensions of high grade nickel copper mineralisation in the area. The priority target is 120m down plunge of a solid intersection of 5.3 metres @ 4.95% nickel, 2.75% copper, 0.16% cobalt and 4.55 g/t total PGE's.

Stavely Minerals, Prodigy Gold, Chalice Gold Mines and St George Mining are among the Western Australian miners that will share in $31 million allocated through the federal government's Junior Minerals Exploration Incentive announced today.

St George Mining has increased the footprint of high grade nickel-copper sulphide mineralisation at the Stricklands prospect with intersections that include 6.25m @ 2.36% nickel, 1% copper, 0.15% cobalt and 1.25g/t total PGEs from 67.2m down-hole. Mineralisation is open to the west, north and east of the prospect and the company is planning a follow-up drill program.

St George Mining has announced 4 new drill ready electromagnetic conductor targets at its Investigators prospect, 100km west of Leonora in the northern Goldfields of W.A. The best target is interpreted to be 120m down-plunge of an intersection of 5.3 metres grading 4.95% nickel, 2.75% copper, 0.16% cobalt and 4.55 grams per tonne total PGE's from 157.9m down-hole.

St George Mining shares have jumped by more than 20% on the ASX after news that its Mt Alexander project returned more high-grade drill hits. The copper-nickel-cobalt mineralisation remains open to the north, west and east and the latest results have highlighted the potential for further extensions of the mineralisation, with planning already underway for a follow-up drill program.

St George has announced a new intersection of massive nickel sulphides at its Mt Alexander project, near Leonora in W.A. The 6.25 metre drilling intercept from 67.2m down-hole contained an impressive higher grade zone of 3.34m @ 5.5% nickel and 1.7% copper using XRF analyses. The result, which extends the known mineralisation, successfully targeted an off-hole electromagnetic anomaly that was not detected at surface.

St George Mining has announced that additional high grade nickel sulphides were intersected at the Stricklands prospect within its Mt Alexander project, near Leonora. The 16.1 metre combined intercept is true width, starting from 33.1m downhole and contains a 1.0m section with an average grade of 4.4% nickel using XRF analyses. The result confirms consistency of mineralisation for a further 50m.

St George Mining continue to make impressive nickel-copper hits at Mt Alexander near the Agnew-Wiluna belt, with the latest drill hole intercepting massive sulphides with in-field, XRF readings of 4.75% nickel and 1.5% copper. The latest hole suggests the very high grade mineralisation discovered last November at the Stricklands prospects is still open to the north and west.

St George Mining has intersected additional high-grade nickel sulphides at the Stricklands prospect at the Mt Alexander project, near Leonora in W.A. The 10.9 metre combined intercept is true width, starting from 56m downhole and contained 1.1m @ 6.7% Ni and 1.9% Cu.

St George Mining has announced a high grade nickel-copper sulphide intersection from the Stricklands prospect at its Mt Alexander project west of Leonora in W.A. The 13.6 metre intercept from 40m depth contained a 4m section with average grades of 4.7% nickel and 2.0% copper using pXRF analyses. The mineralisation is true width and backs up last years spectacular 17.5m hit going 3% nickel.

Emerging Western Australian nickel company St George Mining is pleased to announce it has successfully raised $4.0 million from institutional and sophisticated investors via a placement at an issue

After rain delays, St George Mining is back on site at the Mt Alexander project near Leonora with a drill rig to follow up impressive nickel-copper hits that sent the company's shares into orbit last November. A 20-hole diamond and RC program will target extensions of a thick channel of mineralised rocks and test some new electromagnetic targets in under-explored areas.

New geophysical work by St George Mining at its East Laverton project suggests the Windsor X3 conductor could represent a deeper, larger nickel target than previously modelled which prompted an immediate second drill hole. An electromagnetic survey down the first hole at Windsor X3 suggested a conductor about twice the previous size was lurking further down.

After an impressive run of nickel-copper hits at Mt Alexander in the final weeks of 2017, St George Mining is now also focussing on its East Laverton project with the re-start of drilling at the X3 conductor. St George rates X3 as one of its best targets in the current drill program, partly because of its stand-out conductivity.

St George Mining has extended the strike length of nickel-copper sulphides at its Cathedrals prospect to 400 metres after assays revealed more high-grade drill hits from step-out holes. The latest results from Cathedrals, part of the Mt Alexander project just south of the Agnew-Wiluna belt, continues an exceptional run of news that has driven a rally in St George shares since November.

St George Mining has ended 2017 with its share price on an upward trajectory on confirmation that its Mt Alexander project produced one of the most impressive base metals drill hits in the country this year. New assay results have revealed a 17 metre drill intersection grading 3.01% nickel, 1.31% copper, 0.13% cobalt and 1.68 g/t platinum group elements from a depth of just 37.45 metres.

St George Mining has made a strong start to drilling at their East Laverton nickel project with drill hits of prospective ultramafic rocks from the first two holes in the program. The new holes have confirmed a western extension of the Windsor ultramafic unit that produced high grade nickel intercepts for BHP back in 2012. St George rocketed up the ASX this month on the back of its Mt Alexander results.

After spectacularly setting the market alight with a share price run from 7.9c to 48c, St George Mining say they are well and truly still in the hunt for a company making nickel-copper discovery near Agnew. Recent drilling expanded the mineralised footprint at the project and provided solid indications that the deposit thickens to the north and west of St George's 17m discovery intersection.

Shares in junior mining explorers Draig Resources and St George Mining have nearly doubled today after both companies announced positive drilling results.

Western Areas founder Terry Streeter has emerged as a major shareholder in nickel and gold explorer St George Mining, after participating in a $2.13 million capital raising.

Perth-based company director and accountant Marcus Michael, who worked with multiple mining and exploration companies, passed away last Thursday at the age of 48.

St George Mining has completed a capital raising of $1.75 million to sophisticated investors.

St George Mining has completed an oversubscribed capital raising of $1.2 million.

BHP Billiton has withdrawn from a farm-in agreement with St George Mining over nickel rights attached to the East Laverton project just months after agreeing to proceed with the deal.

St George Mining shares have risen 16 per cent after BHP Billiton Nickel West agreed to proceed with a farm-in arrangement over nickel rights to tenements at St George's East Laverton project.

West Leederville-based St George Mining has completed a $4 million Initial Public Offering and expects to list on the Australian Securities Exchange later this week.