High-Grade Nickel and Platinum Group Metal Discovery Expands Manicouagan Critical Minerals Potential
DisneyDisney(US:DIS) Thenewswire·2025-11-13 13:10

Core Insights - St-Georges Eco-Mining Corp. has achieved two significant milestones: the first recorded revenues from its subsidiary, St-Georges Metallurgy Corp., and the identification of a new high-grade nickel-copper-PGE target zone at the Manicouagan Project in Québec [1] Revenue Generation - St-Georges Metallurgy Corp. generated its first revenue in October 2025, with expectations for additional revenue before the end of the financial year and further revenues anticipated in 2026, primarily from processing a multi-ton shipment of geothermal scaling concentrate from Iceland [2] Exploration and Geological Findings - The 2025 surface exploration campaign at the Manicouagan Project has refined the geological model and led to the discovery of the "South-East Manic Zone," located approximately 6.5 km east of the known Bob mineralized corridor, with grab samples returning values of up to 2.28% Ni, 0.37% Cu, 0.17% Co, and 0.81 g/t Pd + 0.55 g/t Pt [3] - Multi-element analysis indicates a strong positive correlation between nickel, cobalt, iron, and Platinum Group Metals (PGEs), suggesting a common magmatic sulfide origin with correlation coefficients ranging from 0.83 to 0.95 [5] Future Plans - The company plans to conduct a high-resolution ground magnetic and EM survey, followed by mechanized trenching and channel sampling over the new South-East Manic Zone, with an updated 3D geological model and a 2026 drill program targeting both the Bob Zone depth extensions and the newly identified area of interest [17]