St George mining provides it's quarterly activities report
St George Mining have presentd its Quarterly Agermany gold mine machine germany for salectivities Report for the period ended 30 June 2012.
In summary, the 2011 field campaign has been successful in confirming the potential of the East Laverton Property to host significant gold mineralisation. Key milestones achieved are:
Drilling at the Desert Dragon and Balmoral gold prospects intersected visibly altered basement rocks with significant intervals of disseminated sulphides.
Assay results returned numerous intervals of anomalous gold mineralisation throughout the drill holes, confirming large gold systems at Desert Dragon and Balmoral as well as confirming the link between bedrock mineralisation and surface geochemical anomalies.
An airborne magnetics survey over the Balmoral area identified a strong magnetic response associated with the unusual gold and molybdenum geochemical anomalies. Drilling of the area confirmed a link to late-stage mafic granites, which suggests mantle derived hydrothermal gold fluids and strong potential for high grade gold.
At the Athena prospect, a review of an existing multi-element MMI (“mobile metal ion”) survey and the airborne magnetic data confirmed a gold-silver-copper anomaly occurring over 1,000 m in a structurally controlled mafic corridor between two granites – a typical structural setting for gold mineralisation.
A regional multi-element MMI soil geochemical survey conducted in the north of the East Laverton Property has defined a new gold anomaly over a northerly 5,000 m trend.
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