St-Georges Platinum and Base Metals Ltd.: New Mineralized Zones Discovered on the Villebon Project

St-Georges Platinum and Base Metals Ltd. (CNSX:SX)(BERLIN:85G) is pleased to
provide new information on the second phase if its drilling program carried out
on the Villebon property located 45 km southeast of Val d'Or in the Abitibi
Greenstone Belt of Quebec.


Currently, ten (10) core holes have been completed, six of which are logged and
one remaining hole is being drilled (Figure 1:
http://media3.marketwire.com/docs/SX_Map_0824.pdf). The holes investigated the
extension of Ni-Cu-mineralized peridotite sills/komatiite flows within the South
and North zones. Preliminary results obtained from the DDH logs indicate that
holes FV-11-01, 02, 04 and 05 intersected disseminated to massive
pyrrhotite-chalcopyrite zone within altered (chloritized +/- carbonatized)
peridotites/komatiites at relatively shallow depths (17 to 70 m). The apparent
thickness of the mineralized ultramafic rocks varies from 3 to 16 m. 


Hole FV-11-06 cuts through decametric-thick (10-50 meters), massive, siliceous,
brecciated and sheared andesite/rhyolite rocks that are chloritized, hematized
and displays carbonatation in stockwork stringers. A section of 54 m (apparent
thickness) contains semi-continuous pyrite/pyrrhotite in flattened pods or
veinlets accompanied by very fine-grained disseminated pyrite +/- chalcopyrite
+/- arsenopyrite (1-10%). The style of mineralization and alteration observed in
the core is compatible with possible precious metal mineralization. Core
analyses are underway and assay results will be released within six to ten
weeks.  


The main objective of the Phase II campaign is to test the mineralization
present at the South Zone and explore its extension to the northeast toward the
North Zone. The locations of the DDH holes are shown in Figure 1
(http://media3.marketwire.com/docs/SX_Map_0824.pdf). 


Michel Boily, Ph.D, P.Geo, St-Georges vice-president exploration commented:
"(...)We are encouraged by the current observations.(...)the completion of the
new drilling campaign is allowing us to attain our main objectives of expanding
the Copper-Nickel mineralization zone within the ultramafic rocks layers and we
are discovering new potential precious metal mineralized zones associated with
adjacent altered volcanic rocks.. We are eager and excited to receive more
detailed analyses from the current drilling operation in order to better our
understanding of its overall potential(...)."


About St-Georges 

St-Georges is a junior Platinum, Palladium, Rhodium, Copper, Cobalt and Nickel
explorer with projects in the Province of Quebec, Canada. Headquartered in
Montreal, the Company's stock is listed on the CNSX under the symbol SX and on
the Berlin Stock Exchange under the symbol 85G. It owns a 70% interest in the
core portion of the Villebon property in Abitibi and 100% interest in the
extensions of the property to the north and southeast, a 100% interest in eight
North Shore properties that constitute the Manicouagan constellation and a 100%
interest in the Isoukustouc group of properties on Quebec's North Shore near the
deep-seaport town of Baie-Comeau. For additional information, please visit our
website at www.stgeorgesplatinum.com.


Michel Boily,Ph.D,. P.Geo, St-Georges Vice-President Exploration is a qualified
person under NI 43-101. Mr. Boily has reviewed and approved the technical
content of this release.


Forward-looking Statement:

This document contains certain forward-looking statements which involve known
and unknown risks, delays, and uncertainties not under the corporation's control
which may cause actual results, performance or achievements of the corporation
to be materially different from the results, performance or expectation implied
by these forward-looking statements.

St Georges Eco Mining (CSE:SX)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024