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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.
Drilling has commenced at the Ajana Project in Western Australia, which is 100% owned by St George, with a plan for about 3,000m of drilling spread over 17 holes.
The project is testing two large-scale targets which are interpreted to be mafic intrusions with potential for significant nickel-copper-PGE mineralisation. They lie near significant structures and coincide with magnetic and gravity anomalies.
The exploration analogues for the project are the West Musgrave Nebo-Babel deposits and the Nova-Bollinger deposit, both containing substantial amounts of nickel and copper.