Mt Alexander (E29/63)

 

Mt Alexander Joint Venture (WSA 25% non-contributing interest with St George Mining Limited)

In relation to E29/63, Western Areas Limited is in a Joint Venture held by St George Mining Limited (SQG) 75%, with WSA holding a 25% non-contributing interest. SQG is the Manager of the Project, with Western Areas Limited maintaining a 25% interest in the Project until there is a decision to mine.  St George Mining Limited has recently reported high-grade nickel sulphide intersections drilled at its Cathedral prospect. Holes drilled at the Cathedrals Prospect intersecting high grade nickel/copper values associated with massive sulphide indicate that it is a high grade nickel/copper/PGE discovery with significant exploration upside.