Massive Gold Intersects At Yidby Road Prospect
Surefire Resources NL (ASX: SRN) has drilled new, thick and high-grade, gold intersections in the first five of 18 holes completed in the current phase of drilling at Yidby Road Gold Prospect. Yidby Road is located on the Yidby Gold Project tenements, located in the highly prospective southwest Murchison Province of Western Australia .
This phase of the drilling programme has so far included 18 drill holes for 2,791m and is designed to follow up and extend testing of the thick and high-grade mineralised zone previously intersected.
Managing Director, Vladimir Nikolaenko, said the new results, from only the first five of 18 holes where assays have been received to date, include exceptionally thick intersections and high-grade gold assays associated with a northerly plunging shoot that appears to be thickening with depth ,
Results to come from the remaining 13 of 18 holes include thick intersections of quartz- sulphide veining / felsic-porphyry on up to three bifurcating lode structures that converge at depth. All batches of samples have now been submitted for assay and further results will be received in the coming weeks, subject to high-volumes at the laboratory slowing turnaround.
Planned follow-up drilling will now test the thickening, high-grade, down-plunge extensions of these lode structures in order to further extend this burgeoning new gold discovery in the Murchison Province of the Yilgarn Craton of WA.
“These exceptional new intersections have extended the mineralised lode structures at depth and along strike to the north, and indicate increasing thickness and high-grades at depth,” Mr Nikolaenko said.
“We eagerly await the results of the remaining holes that have also intersected multiple lode structures and indicate that we are on top of a large gold system.
“The next phase of drilling will continue testing along strike and at depth, where this exciting new discovery remains open.”
The initial assays have identified increasing thickness and high-grades down plunge, open at depth and along strike.
