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St George Mining identifies strongest conductor so far at Windsor

St George Mining (ASX:SGQ) has further strengthened the prospectivity of its wholly-owned East Laverton Project in Western Australia, and has identified the strongest conductor to date at the Windsor prospect.

A downhole EM survey of WINRC016 recorded an off-hole conductor with an extremely high conductivity of 210,000 Siemens.

St George will now fast-track a test hole for inclusion in the current drill program with a second drill rig to arrive at site by the weekend.

This will provide strong newsflow heading to the end of 2015, and early in the New Year.

John Prineas, executive chairman, commented:

"The conductivity of the downhole EM anomaly from WINRC016 is several orders of magnitude higher than anything else we have seen at East Laverton to date.

"That alone makes it very special.

"The conductor is made even more exciting by a number of supporting geological factors which, together with its remarkable conductivity, make it a stand out target for potential nickel sulphide mineralisation."

Desert Dragon

Exploration continues across the East Laverton Project.

This includes drilling of other strong downhole EM conductors in prospective geological positions at the Desert Dragon prospect.

Potential of East Laverton

East Laverton has a dominant landholding of over 2000 square kilometres, with three major ultramafic belts providing a large pipeline of nickel sulphide prospects.

The project was first identified by BHP Billiton (ASX:BHP), which drilled 35 reverse circulation holes, two of these discovered nickel sulphides, while 28 holes hit komatiite ultramafic.

This provided the information that East Laverton could be a new nickel camp.

The project is also close to major nickel and gold deposits on the world-class Agnew-Wiluna belt.

There is also gold potential as well, as the project is on strike from Agnew gold deposit hosting over 5 million gold ounces.

Analysis

Windsor results confirm prospectivity of the extensive high MgO ultramafic unit with further disseminated nickel sulphide mineralisation identified.

St George has now identified the strongest conductor to date at the Windsor prospect, and is moving in a second rig.

Newsflow will remain strong, with additional assays and downhole EM surveys for Windsor pending.

Following this will be drilling assays from the new conductor, expected late 2015 and into the New Year.

St George is highly leveraged to drilling success.

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