SRN 5.56% 1.0¢ surefire resources nl

HIGH-GRADE LEAD AND SILVER IN ROCK CHIPSKOOLINE PROJECT (100%)...

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    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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