Projects

The Company has been established to acquire mining properties with the aim of generating projects with economic resource inventories. The corporate strategy is to achieve long term growth in shareholder wealth through the discovery and development of major ore deposits.

St George Mining Limited was incorporated on 19 October 2009 and has two wholly owned subsidiaries – Desert Fox Resources Pty Limited (which owns 100% of the East Laverton Property) and Blue Thunder Resources Pty Ltd (which holds the Company’s 80% interest in the Pine Creek Property).

BUSINESS STRATEGY

The Company will initially focus on exploration opportunities in under-explored regions of Australia that the Company considers to be prospective for major mineral discoveries. The Company has identified the eastern fringe of the North Eastern Goldfields in Western Australia and the western section of the Pine Creek Orogen in the Northern Territory as two such attractive areas for exploration.
The Company’s strategy has been to identify and acquire interests in projects that are advanced exploration projects. The previous explorers at these properties have expended considerable funds to progress the geological understanding of the properties, resulting in the identification of numerous mineral targets for further investigation. This significantly reduces the exploration risk for the Company.


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