St George Mining LTD ( ASX:SGQ )
St George Mining Ltd (ASX:SGQ) is a mining exploration company focussed on creating shareholder value through the discovery of world class deposits.
SGQ’s flagship asset is the 100% owned East Laverton Property in the North-Eastern Goldfields region of Western Australia.
The East Laverton Property covers an area that is prospective for nickel sulphide, VMS-style base metal and gold deposits.
The project area extends over 2,000 sq km and encompasses three extensive ultramafic-greenstone belts with a total strike length of more than 130km.
Exploration drilling by St George and BHP Billiton Nickel West in 2012 (under a now concluded farm-in deal) discovered nickel sulphides at East Laverton, confirming the strong potential for the discovery of significant massive nickel sulphide deposits.
Please note that SGQ is a speculative mining investment, and caution is advised if considering for your portfolio.
Over 4,000m of Nickel Drilling Set to Begin in Days by SGQ
Oct 3, 2014
St George Mining Ltd (ASX:SGQ) are gearing up for another major nickel drilling push at East Laverton in Western Australia – an area that could potentially become another Fraser Range. At East Laverton, SGQ’s ground is under explored, it’s the right geological setting for nickel deposits, it’s got a strike length over 130km within 3 […]