News Articles for St George Mining

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.