HIGH-GRADE LEAD AND SILVER IN ROCK CHIPS
KOOLINE PROJECT (100%)
Reconnaissance rock chip sampling and mapping returns high-grade Pb-Ag assays up to:
16.2% Pb & 41g/t Ag
14.2% Pb & 55g/t Ag
Lead-silver veins are associated with electromagnetic conductors (AEM) interpretated
as massive sulphide Pb-Ag mineralisation concealed beneath shallow cover
Results confirm Mt Conspicuous is a high-priority exploration target at Kooline
Further geochemical sampling, ground EM surveying and drilling are planned
Surefire Resources NL (ASX: SRN) is pleased to report high-grade lead-silver assays from rock chips
collected at the Mt Conspicuous target, within the Kooline Project.
Field reconnaissance was recently undertaken to map geological structures and sample the lead-silver
veins, with assays received grading up to 16.2% Pb + 41 g/t Ag and 14.2% Pb + 55 g/t Ag.
The Kooline Project covers 240km2
and 50km of strike of prospective Ashburton Formation in Western
Australia (Figure 1). The tenements include over thirty historically mined high-grade occurrences of
lead (Pb), silver (Ag) and copper (Cu) (Figures 1 & 2).
Previous rock chip sampling at Kooline produced grades of up to 55.3% Pb + 249 g/t Ag, 2.62% Cu,
and 38 g/t Au, spatially associated with conductors identified in previously acquired AEM data (ASX
release 18 October 2021, and Figure 2).
Surefire CEO Cain Fogarty commented:
“Reconnaissance sampling in the Mt Conspicuous area supports Surefire’s interpretation that the Mt
Conspicuous AEM geophysical anomaly is associated with an extensive corridor of high-grade leadsilver mineralisation.
These results show Kooline has the potential to yield high-grade discoveries in this under-explored
historic mining field. The next steps at Kooline are detailed mapping and sampling, and consideration
is being given to a detailed ground-based EM survey to refine the coinciding geophysical and
geochemical anomalies, ahead of drilling.
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