19/01/2022 - 13:37

Surefire strikes WA gold at Yidby Road

19/01/2022 - 13:37

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Surefire Resources could be gearing up for a busy year after drilling at the Yidby Road gold project scooped up a legion of wide gold hits. The best results included a 13 metre intersection running 1.33 grams per tonne gold from 234m including a 2m section grading 3.88 g/t gold from the same depth. The project lies adjacent to the over one million-ounce Minjar gold project in WA.

Surefire strikes WA gold at Yidby Road
Surefire geologist reviewing rock chip samples. Credit: File

Surefire Resources could be gearing up for a busy year after drilling at the Yidby Road gold project scooped up a legion of wide gold hits. The best results included a 13 metre intersection running 1.33 grams per tonne gold from 234m including a 2m section grading 3.88 g/t gold from the same depth. The project lies adjacent to the over one million-ounce Minjar gold project in WA.

Other notable results included a 19m strike going 0.98 g/t gold from 23m including a higher-grade 1m section giving up 10.34 g/t from 36m.

One of the longer strikes ran 52m grading 1.40 g/t gold from 65m that houses two richer components of 19m at 2.93 g/t from 65m and a 1m hit going a whopping 39.1 g/t gold from 78m.

The recent hits are part of a 22 hole, 2,298m probe of the company’s Yidby ground that aims to follow up on previous work and drill test a suite of targets outlined by a mobile metal ion, or “mmi” soil sampling program.

According to Surefire, drill testing of the mmi targets intersected shallow and wide zones of gold mineralisation below a blanket of sediment. The company says its latest string of results confirm its mmi sampling initiative is up to par in sniffing out gold mineralisation in the area and will use the method to pinpoint additional zones for drill testing.

The area was originally earmarked as a potential gold-bearing zone late last year after a high-resolution ground magnetic survey pointed to gold mineralisation below a 20m blanked area of transported material. The data acquired through the survey was subsequently fed into the development of a gold mineralisation model.

Exploration at Yidby has to-date, been concentrated around a 1.6-kilometre-long zone on the western fringe of an antiform structure with the eastern skirt of the structure yet to be drill tested.

The Surefire brains trust has now updated its gold mineralisation model and will use the updated version to help delineate targets for future drilling. Notably, the company says the updated model suggests the gold mineralisation intersected to date forms part of a greater, potentially multi-component gold system.

Surefire Resources Managing Director, Vladimir Nikolaenko said:“The recent drilling results support our previous drilling results and the interpretation of wide gold zones at the Yidby Road Gold Project. The Surefire mineralisation model points to the likelihood a high tonnage gold deposit at Yidby.”

With Surefire’s Yidby Road gold project continuing to deliver solid gold hits, the company will be increasingly encouraged that its latest efforts could support an extension of the project's known deposit. Also, with the tantalising possibility of a multi-component gold system lurking beneath its feet, the explorer might just have laid the foundation for an interesting year ahead.

Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au

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