Recent Storms Stalled Exploration Work At Yidby
Surefire Resources NL (ASX: SRN) is preparing to kick-off a new round of drilling in its ongoing exploration activities at the Yidby Gold Deposit in the Mid-West region of Western Australia.
Over the last two months there have been a series of storms and heavy rainfall that has delayed drilling at the project. These weather conditions in conjunction with a shortage of RC drill rig availability and labour shortages due to the commodity boom are the basis for why drilling activities have not re-commenced until now.
The exploration programme will comprise approximately 15 holes for 2,000 m of RC drilling, designed to continue testing the along-strike and down dip extensions of the Yidby Gold Deposit. The follow up drilling will include an east-west line that intersects a Mobile Metal Ions (MMI) Soil Geochemical Anomaly coincident with a series of interpreted cross faults and splays off the main Yidby Cryptic Fault.
Arvista Aerial & Terrestrial Surveying Services is expected to complete an Aerial Drone Survey by mid-September over the Yidby Gold Deposit and surrounding targets. The survey will collect photogrammetry and digital terrain model (DTM) data that will be used to progress a JORC 2012 Maiden Resource at Yidby.
Managing Director, Vladimir Nikolaenko, also reported that a ~528 sample soil geochemical survey has been completed along strike from the Yidby Gold deposit to test the fertility of a sheared BIF/Ultramafic contact.
Assay results are pending and expect to be released over the next 6-8 weeks depending on laboratory backlogs.
“We are very excited to re-commence the drilling program at the Yidby Gold Deposit with an aim towards progressing the mineralisation to JORC 2012 Compliant Status,” Mr Nikolaenko said.
“We will be testing the gold bearing structures within this wide 400 m corridor with an east-west RC fence line. This may identify new mineralisation along strike to the NW of the main ore body in a network of parallel shears.”
The Yidby Gold Project is situated within the southern portion of the Yalgoo-Singleton Greenstone Belt near Ninghan Station Homestead. To the south of the project is the Extension Hill iron ore mine, Mount Gibson Gold Mine. T
he three exploration licences cover 113.77 sq. km with three gold prospects hosting significant gold mineralisation.
Historic workings occur at Ninghan Mining Centre, Delaney Well, and Cashens Find, while historic drilling which reported significant gold intercepts has occurred at Yidby Road, Delaney Well, and Cashens Find Prospects.
For further information please visit: https://www.surefireresources.com.au/