Drilling Returns Spectacular Maiden Drilling Results
Surefire Resources NL (ASX: SRN) has drilled significant, high- grade intersections at the Yidby Road Prospect on its Yidby Gold Project, located 320km northeast of Perth in the mid-west region of Western Australia.
The maiden RC drilling programme included 20 drill holes for a total of 1,687m and targeted the Yidby Road, Cashen’s Find, and Delaney Well Prospect areas.
Each of Surefire’s 2020 RC drillholes intersected gold mineralisation.
The drilling intersected broad zones of massive quartz veining associated and concentrated within a mineralised quartz-feldspar porphyry. The porphyry has likely introduced high grade mineralised fluid into the surrounding high magnesium basalts and talc-chlorite schistose rocks.
Historic drilling intercepted the mineralised porphyry, initially by Normandy Exploration Pty Ltd in 1996-1998, and then by Monarch Gold Mining Company Ltd in 2006 intersecting previously reported historic results. No drilling has taken place at the Yidby Gold Project in the last 14 years.
Managing Director, Vladimir Nikolaenko, said the recent RC drill results show both broader zones of mineralisation with higher grade intersections than the historic drilling. Further the mineralisation is open along strike and down dip of the shallow intersections The company announced the acquisition of the Yidby Gold Project in August 2020 and since then has fast tracked reviewing the project, establishing a Program of Works (PoW) with the Department of Mines, Industry, Resources, and Safety (DMIRS) and planned and executed its maiden drilling programme.