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- Surefire Resources (SRN) is set to begin a major drilling program at the Yidby Road Prospect in Western Australia
- Roughly 6000 metres of reverse circulation (RC) drilling has been planned to define and extend previous intersections from the prospect
- Up to 26.57g/t gold has been previously intersected and results have defined a zone that remains open to the north and south
- This upcoming work will also test other gold-bearing structures that may span a five-kilometre length
- Shares in Surefire are down 9.68 per cent and are trading at 2.8 cents
Surefire Resources (SRN) is set to begin a major drilling program at the Yidby Road Prospect in Western Australia.
The Yidby Road Prospect lies within the Yidby Gold Project, which is situated within the southern portion of the Yalgoo-Singleton Greenstone Belt, 320 kilometres northeast of Perth.
Roughly 6000 metres, or around 40 holes, of reverse circulation (RC) drilling has been planned to define and extend previous intersections from the prospect.
Previous results from Yidby Road include 40 metres at 3.01g/t gold from 24 metres, including four metres at 26.57g/t gold, and 56 metres at 1.97g/t gold from 44 metres, including four metres at 14.47g/t gold.
These results have defined a zone that remains open to the north and south which will be further tested by this upcoming program.
“We are looking forward to re-starting the drilling program at Yidby Road, aimed at expanding and defining this significant new gold discovery,” Managing Director Vladimir Nikolaenko commented.
“This next stage of drilling will target immediate extensions of the exceptionally thick and relatively high-grade gold zones both at depth and along strike to the northwest and southeast,” he said.
“We will also be testing the other gold bearing structures within this wide corridor of gold mineralisation, that may continue for up to five kilometres within the Surefire tenements,” he added.
Shares in Surefire are down 9.68 per cent and are trading at 2.8 cents at 12:25 pm AEDT.
