St George Mining Limited (SGQ) has secured exploration projects in two richly mineralised areas of Australia – the North East Goldfields of Western Australia and the Pine Creek Orogen in the Northern Territory.
St George Mining has 100% ownership of a tenement package covering a contiguous area of 1,421.50 sq km in the eastern fringe of the North East Goldfields of Western Australia. The Company's tenements in this region host the Crusader Gold Project, the Zeus Nickel Project and the Empire Copper Project. Previous exploration has generated a number of attractive targets. Several of these are ready for immediate definition drilling whilst others will provide a pipeline of strong exploration targets for further assessment.
In the Northern Territory, the Company has entered into an option to acquire an 80% interest in a tenement area that is prospective for gold and uranium. The ground hosts the Blue Thunder Gold Project and the White Strike Uranium
Project. The Company has applied for two additional exploration licences in the Pine Creek region which, if granted, would increase the total project area to 1,086 sq km.