Below is from the last announcement, this step out drilling the company is confirming the sulphides is over a very large area, the only thing now we need is a decent grade from these step out holes, im not how the disseminated sulphides will grade???? A 20m section is a very solid width.
Stepout reverse circulation (RC) drilling undertaken 100 metres north and 150 metres down plunge from the original drill line has also confirmed the presence of sulphide mineralisation, with hole SFRC0029 intersecting a 2 metre interval containing stringer to massive sulphides, and hole SFRC0030 intersecting approximately 20 metres of disseminated sulphides above a thin zone of massive sulphides (see Figure 2).
The intersection of mineralisation in these two widely spaced holes situated 150 metres down plunge from the original drill holes and 50 metres apart confirms the presence of sulphide mineralisation over a large area and reaffirms the validity of the electromagnetic (EM) anomaly.
SIR Price at posting:
90.0¢ Sentiment: LT Buy Disclosure: Held