Lake Minigwal Project

Lake Minigwal Project

The Lake Minigwal Project covers a concealed greenstone belt which is prospective for both gold and nickel sulphides, and represents a significant exploration opportunity.

ABOUT THE LAKE MINIGWAL PROJECT

The Lake Minigwal Project covers an area of concealed and unexplored greenstones, which are prospective for both gold and nickel sulphide mineralisation.

In March 2010, the GSWA (Geological Survey of Western Australia).conducted the East Wongatha regional geochemistry program, covering an area covering approximately 13,000 sq km in the south-east of the Yilgarn Craton.

The strongest and largest gold anomaly identified by this regional survey was located to the immediate south-west of St George Mining’s East Laverton Project. Two new exploration licences covering this area were secured by St George Mining, and comprise our Lake Minigwal Project.

The total tenement area of this Project is approximately 300 sq km.  The proximity to the East Laverton Project allows exploration in this new area to benefit from the synergies and efficiencies related to the Company’s established operations at East Laverton.

There is a strong coincidence between high gold geochemical values identified by the GSWA survey, the structural setting interpreted by the airborne magnetics and the underlying rocks - which appear to be a covered greenstone belt.

The greenstone belt appears to be a strike extension of the Wongatha and Minigwal greenstone belts to the south, which host nickel sulphides at the Mulga Tank nickel sulphide project.

St George Mining believes that this large section of unexplored greenstone belt, prospective for gold and nickel, represents an excellent exploration opportunity.



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