Surefire Resources NL (ASX: SRN) has commenced drilling at the company’s 100% owned Yidby Gold project in the mid-west of Western Australia.
Located approximately 350km from Perth and surrounded by major gold deposits, the Yidby Gold Project is an emerging large gold system and contains significant mineralised zones up to 80m wide.
The anomalous gold currently extends over a 3km strike length and is open along strike and at depth providing plenty of scope for additional discoveries.
On 17 October 2024, the company advised that new priority drill targets had been delineated following external consultants’ reviews of geophysical (gravity and IP) data, structural interpretation and relogging of drill chips.
This work has resulted in greatly enhancing the company’s understanding of the mineral system and the controls to the gold mineralisation previously intersected and delineating new areas for mineralisation to occur.
A total of 12 reverse circulation (RC) drill holes for 2500m are planned and will test new targets to the south and east of the Yidby gold mineralisation. These targets include gravity anomalies located along structure analogous to high grade gold intersects at Yidby, a fold nose gravity structure and a highly conductive IP anomaly.
Following completion of this drilling at the Yidby Gold Project, the drill rig will be moved to the Phat Boy copper prospect for the maiden drill programme to drill test the large geochemical copper with coincident zinc soil anomalies - the concept model and target being volcanogenic hosted massive sulphides, analogous to Golden Grove, (refer ASX announcement 9 October 2024).
