On 2 September 2019, the Company announced that drilling of an electromagnetic (EM) conductor at the Radar Prospect resulted in a new discovery of high‐grade nickel‐copper sulphides – see our ASX Release dated 2 September 2019 ‘New Discovery of Nickel‐Copper Sulphides’.
A number of additional EM conductors are planned for drilling in this programme, including new EM conductors at the unexplored Bullets and Fish Hook Prospects. Details of these high priority targets were contained in our abovementioned ASX Release and in our ASX Release dated 13 August 2019 ‘High‐Grade Nickel‐Copper Sulphide Drilling’.
A Research Report dated 2 September 2019 was issued by Argonaut Securities and commented on the latest drilling at the Project including the Radar discovery.
St George’s exploration success at the Mt Alexander Project comes at a time when the nickel price has risen sharply to a four‐year high, igniting strong investor interest in growth nickel companies such as St George.
We believe a combination of the above factors has contributed to increased investor interest in the shares of St George.
Be the first to comment