conductor 5 - initial results just posted

Sirius Resources NL (ASX:SIR) (“Sirius” or the “Company”) advises that
the first drill hole testing conductor 5 at its Nova nickel-copper deposit
has intersected mineralisation at the northern edge of the conductor.
Hole SFRD0118 intersected:
? 23.8 metres of disseminated to blebby sulphides from 325
metres, followed by;
? 0.35 metres of breccia sulphides from 348.8 metres, followed
by;
? 0.95 metres of stringer sulphides from 349.15 metres.
This is the first intersection of breccia sulphides north of the main Nova
deposit. It occurs at the base of a broader interval of disseminated
sulphides that are also seen in SFRD0095 (see Figure 1) – and is deeper
than predicted by the electromagnetic (EM) model.
At this stage it is not known if this represents a minor zone of breccia
mineralisation peripheral to Nova, part of the Nova deposit offset across
a fault, or part of a separate mineralised system.
The intersection of disseminated to blebby sulphides also appears to
confirm the validity of the previously reported induced polarisation (IP)
anomaly, which is interpreted to extend for 2 kilometres to the northeast
towards conductor3.
A follow up drill hole has commenced on conductor 5.