SFR up 6% today.
Don’t be Impatient, Déjà vu very very soon IMO. High-grade Cu near surface intersection reported on the 19th July 2009 by Sandfire at Doolgunna. This was ~ 63 days after initial Degrussa discovery ASX release.
“8m averaging 27.3% Copper, 1.9g/t Au from 146m
Assay results from the first intersection confirm field reports of abundant visible chalcopyrite, with individual 1 metre intersections including:
550002 0.9m @ 32.0% Cu
550003 1m @ 31.3% Cu
550004 1m @ 30.2% Cu
550005 1m @ 25.6% Cu
550006 1m @ 20.8% Cu
550008 1m @ 24.2% Cu
550009 1m @ 28.7% Cu
550010 1m @ 26.1% Cu”
Expect something similar, but 2.25x longer any day soon, now 56 days after initial Monty ASX release.
“TLRC0004.. , has intersected 18 metres of massive sulphides from 108m to 126m downhole. … based upon field observations by Sandfire, the massive sulphides intersected in TLRC0004 also contain visible chalcopyrite”.
Just a reminder not to be impatient, Déjà vu on many fronts to come:
High-grade zones of supergene enriched Cu-Au near surface intersections
Multiple fresh Cu-Au intersections
FLEM, MLEM and DHEM surveys to boot
NE and SE trending fault zones with highly broken material
Multiple deposits and ore lenses – some stacked, don’t forget the DeGrussa deposit initially obscured the soon to be discovered Conductor 1 deposit that underlied it – a DHEM anomaly.
Etc etc
Don’t be impatient and miss the boat again, IMO. Dyor please, Bye.
SFR Price at posting:
$5.80 Sentiment: Buy Disclosure: Held
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