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Nickel West in 2015. Since then the Ca- “We are continuing our aggressive ex-
thedrals, Stricklands, Investigators and ploration programme, with downhole EM
Radar nickel-copper-cobalt-PGE plays surveys underway and two diamond rigs
on E29/638 have become subject to a drilling 24/7 to test more exciting nickel-
JV between St George (75% and project copper sulphide targets,” he said.
manager) and Western Areas Ltd (25% Meanwhile, Prineas said the company
non-contributing interest until a decision would also be looking to add value for
to mine). shareholders in the next 6-12 months
Recent diamond drilling by St George through exploration success in the no-
at Mt Alexander has struck a 49.7m thick toriously challenging Paterson Province,
mafic-ultramafic unit from 503m down- WA.
hole at Investigators, while the first deep “We have some ground there next
hole at Fairbridge also hit an 11.6m thick door to where Rio [Tinto Ltd] and IGO
mafic-ultramafic unit with disseminated [Ltd] are signing up JVs with other com-
nickel-copper sulphides from 359.3m panies. I am not going to say whether we
downhole. have been approached to do a JV, but we
Drilling at Investigators and Fairbridge are very confident that we will build up
is part of St George’s 24/7 campaign at that tenement area for copper and gold
Mt Alexander. potential without a JV,” Prineas said.
“The first two deep drill holes in the “We’ve seen Rio’s success at Winu
current campaign – MAD180 at Inves- and although it wouldn’t tick the box for
tigators and MAD182 at Cathedrals – a BHP and it is different to a typical Tier
successfully intersected intrusive-style St George is drilling 24/7 at the Mt 1 majors would go for, it is still a fantas-
rocks and confirmed the presence of pro- Alexander nickel project after recently tic resource and they have only drilled a
spective geology at depth,” Prineas said. raising $3.6 million little bit of the area so there is fantastic
“The next two holes – MAD181 at In- opportunity to discover more. Winu will
vestigators and MAD183 at Fairbridge – vestigators, Prineas said the preserved grow over time, it is not a typical Tier 1 at
have provided another huge leap forward nature of the 48m thick unit significantly the moment, but it will grow.”
with thick intersections of mineralised increased the potential likelihood of the
mafic-ultramafic units” presence of larger accumulations of nick- – Mark Andrews
In reference to the intersection at In- el-copper mineralisation nearby.

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aUSTRaLIa’S PaYDIRT OCTOBeR 2020 Page 91