- Surefire Resources (SRN) starts drilling at its Yidby gold project in Western Australia
- The reverse circulation drilling program will include 24 holes of variable depths up to 200 metres for a total of 2800 metres
- Surefire aims to target extensions to its existing gold mineralised intercepts and to test structural targets generated from its magnetic and gravity data and structural interpretation from CSA Global
- The company expects the drilling to be completed within a few weeks
- Shares in SRN are trading at 1.8 cents at 12:34 pm AEDT
Surefire Resources (SRN) has started drilling at its Yidby gold project in Western Australia.
The reverse circulation drilling program will include 24 drill holes of variable depths up to 200 metres for a total of 2800 metres.
Surefire said the program aimed to target extensions to its existing gold mineralised intercepts and to test structural targets generated from the company’s magnetic and gravity data, as well as the structural interpretation from leading mining and geological consultant CSA Global.
“This is a much-anticipated drilling program to build on the already-exciting gold results following the discovery of mineralisation by Surefire,” Surefire Managing Director Paul Burton said.
“The extent of the anomalism is significant, and we look forward to reporting the results of this program and the leach testwork underway.”
The total project area covers 114 square kilometres and lies within the southern area of the gold-producing Yalgo Singleton Greenstone belt, hosting multi-million-ounce gold deposits.
Shares in SRN were trading at 1.8 cents at 12:34 pm AEDT.