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Surefire Resources has RC drill spinning in extensional drilling at Yidby Gold Project

Published 14/03/2023, 12:03 pm
© Reuters.  Surefire Resources has RC drill spinning in extensional drilling at Yidby Gold Project
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Surefire Resources NL (ASX:SRN) has begun a drilling program at the 100%-owned Yidby Gold Project, 350 kilometres northeast of Perth in Western Australia.

The company is probing structural gold targets generated in magnetic and gravity surveys and from a structural interpretation provided by CSA Global.

SRN will drill 24 reverse circulation (RC) holes for 2,800 metres principally targeting extensions to existing gold mineralisation and investigating the structural targets.

The mineralisation observed at the Yidby Project to date is extensive, covering a 3-kilometre strike length with proven gold at the Yidby, Fender and Marshall targets.

Surefire expects the program will be complete within a few weeks.

Building on “exciting” gold results

“This is a much-anticipated drilling program to build on the already exciting gold results following the discovery of mineralisation by 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 test-work underway.”

Read: Surefire Resources begins column leach test work at Yidby Gold Project; drilling set to resume

The project covers 114 square kilometres within the southern portion of the gold-producing Yalgoo-Singleton Greenstone belt, which hosts multiple gold deposits including:

  • Mt Gibson Gold (2.75 million ounces) directly to the south;
  • Minjar Gold (1.1 million ounces) to the northeast; and
  • Kirkalocka (1 million ounces) to the northwest.

Read more on Proactive Investors AU

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