SGQ: Lithium Results for Mt Alexander
ST GEORGE MINING LIMITED
- Promising assays from the Manta Prospect confirm the presence of a 120.8m continuous interval of multiple pegmatites, indicating wider lithium potential. Future geophysics and drilling are planned to examine the circular feature containing these thick, flat-lying pegmatites, which are believed to extend into more favourable host terrain.
- A 2023 drilling programme at the Jailbreak Prospect confirmed multiple lithium-bearing pegmatites with a peak value of 1.28% Li2O, indicating an extensive mineralised pegmatite field open along strike and at depth.
- Lithium-bearing pegmatites have been identified across a 2km strike of the pegmatite corridor at Jailbreak, with another 13km area of the corridor hosting a large network of mapped pegmatites yet to be scrutinized by drilling. Drilling results suggest the pegmatites may become thicker at depth, consistent with findings by other regional explorers.
2023-07-05 08:54:00