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Surefire Resources given green light for Phat Boy drilling

Published 09/10/2024, 12:44 pm
Updated 09/10/2024, 01:00 pm
© Reuters.  Surefire Resources given green light for Phat Boy drilling
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Surefire Resources NL (ASX:SRN) has been given the green light for a maiden drilling program at Phat Boy copper prospect within its 100%-owned Yidby East Project in the Mid-West of Western Australia.

The company plans to drill an initial 11 reverse circulation (RC) holes to a maximum depth of 200 metres with this work to focus on four target areas (T1–T4) to the east of the company’s Yidby Gold Project and Money geochemical target.

Surefire submitted a Program of Works (PoW) to the West Australian Department of Energy Mines Industry Regulation and Safety (DEMIRS) for an initial 11-hole RC program.

READ: Surefire Resources submits plans for maiden drilling for copper sulphides at Phat Boy

Preparations for access

With approval now received, the company will begin preparation for site access ahead of the drilling.

Phat Boy prospect is on the southern portion of E59/2426 where previous exploration highlighted native copper and sulphides during a drilling program investigating the Banded Iron Formation (BIF) as a magnetite resource, within a package of interpreted submarine volcanic rocks.

On submitting the PoW, managing director Paul Burton said: “Surefire is of the view that the high tenor of soil results, coupled with the presence of gossanous material and the previous occurrence of native copper and sulphides, makes this early planning for drilling approvals a prudent step as we advance this exciting program.“

Read more on Proactive Investors AU

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