St-Georges to expand work on the Julie and Manicougan projects in 2022

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Montreal, Quebec –News Direct– St-Georges Eco-Mining Corp.

St-Georges Eco-Mines Corp.

Montreal – TheNewswire – November 29, 2021 – St-Georges Eco-Mining Corp. (CNSX: SX.CN) (OTC: SXOOF) (FSE: 85G1) is pleased to present a summary of the exploration work carried out on its North Shore of Quebec Project in 2021.

At the time of this press release, exploration work is suspended on the Julie and Manicouagan projects. Results of the first phase of surface work on Julie are slowly coming back from independent labs, some of which are disclosed below.

A total of 4,200 meters spread over 11 holes were drilled on Julie, most of which consisted of holes positioned to perform a geophysical review of the project’s drill holes and identify targets for the second phase of exploration drilling that started in October. Additional material was collected during the initial phase of surface exploration by surface sampling and channel cutting. The results of this effort are expected to be communicated in a separate press release in early December.

2021 exploration summary on the Manicouagan project

On Manicouagan, the driller added 2,639 meters of fresh core over 19 holes to the 4,367 meters already available from previous drilling campaigns. Most of the cores from past campaigns were collected and brought to the St-Georges (Magnor Exploration) contract facilities in the town of La Baie to be cut, recorded and sampled or resampled. Two bulk samples were taken on the Manicouagan project using material from the vicinity of the Bob showing. One of these 1070 kg bulk is a targeting material known to contain rhodium.

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Image 1. Polished sample of the current bulk sample of the Bob Index.

The core hut and work areas at Camp Helen in Manicouagan gave the contract geologists in St-Georges working conditions that allowed them to perform the initial cutting and logging of the cores almost as they went along. they were received.

A portable XRF analyzer was on site for the duration of the 2021 campaign. The XRF results are qualitative in nature and the Company will not report as their accuracy does not meet the Company’s quality standards. Nevertheless, the equipment is used as one of the decision support tools available to the geological team in the field. The decision to speed up work on Manicouagan and raise additional funds that were not in the initial planned budget is based on the initial examination of a section of hole SX-MN21-18 and its visual consistency with the intervals. mineralized in other historic drill holes nearby.

Hole SX-MN21-18

A section of hole 18 caught the attention of the Company’s geological team. A series of samples for independent analysis should be prepared and will be sent for processing by the laboratory via emergency services. The results of the analyzes should be available in the new year.

A description of the mineral intersections of the holes is provided below with a comparison to the previous hole MCH-07-17 located 179 meters to the west along the same conductors.

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Image 2. Field image of hole SX-MN21-018 with massive to semi-massive sulphide sections from 47.5 m to 52 m.

MCH-07-17 was drilled to a length of 101 meters at an angle of -45 ° and is located 179 meters west-southwest of SX-MN21-18 (see figure 1 below) .

Mineralization occurs preferentially along the structural (brecciated) contact and is composed of pyrrhotite, chalcopyrite and pentlandite. Pyrrhotite and pentlandite appear to be co-genetic, but chalcopyrite appears to be found at least in part because a later phase has transverse veinlets.

The sulfur-rich intersection between 51.40 and 54.44 meters returned 1.78% Ni, 0.49% Cu, 914 ppm Co, 8.57 g / t Pd + Pt (2.11 g / t Pt + 6.47 g / t Pd), over 2.04 meters, including 3.82% Ni, 1.47% Cu, 0.21% Co, 23.40 g / t Pd + Pt (5.11 g / t Pt + 18.29 g / t Pd).

The MCH-07-17 and SX-MN21-18 surveys seem to indicate that the extensions of the Bob Index, East and West, are both open along the trend. Holes MCH-07-03 and 07-04 between MCH-07-17 and SX-MN21-18 did not reach or meet the mineralized unit.

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Fig 1. Location of hole 18 and other holes from previous campaigns

Below you will find a comparison of the lithology and mineralization between the current hole 18 and the historic hole MCH-07-17:

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Click on the image to view it in full size

The technical information contained in this press release has been reviewed by Daniel Turcotte, P. Geo, OGQ # 357. an independent qualified person under NI 43-101

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ON BEHALF OF THE BOARD OF DIRECTORS

“Francois Dumas”

FRANC DUMAS

COO & Director.

About St-Georges Éco-Mines Corp.

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry, including maximizing metal recovery and fully recycling electric vehicle batteries. The Company is exploring for nickel and EGP on the Julie Nickel project and the Manicougan Palladium project on the North Shore of Quebec and has several exploration projects in Iceland, including the Thor gold project. Based in Montreal, St-Georges shares are listed on the CSE under the symbol SX and trade on the Frankfurt Stock Exchange under the symbol 85G1 and on the growth market OTCQB for US and international start-up and development companies. Companies are up-to-date in their reports and undergo an annual management audit and certification process. Investors can find real-time quotes and market information for the company at www.otcmarkets.com.

The Canadian Securities Exchange (CSE) has not reviewed and accepts no responsibility for the adequacy or accuracy of the contents of this release.

See the source version on newsdirect.com: https://newsdirect.com/news/st-georges-to-expand-work-on-julie-and-manicougan-projects-in-2022-479841425

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