SFR sandfire resources limited

News: Sandfire, Talisman hit massive sulphides along strike of 18m at 5.7% copper

  1. Sandfire Resources NL (ASX:SFR) has used a reverse circulation step-out hole to intersect mineralisation along strike on either side of TLRC0004.

    The reason why TLRC0004 is so important to the drilling program, is that it has previously delivered: 18 metres at 5.7% coper and 2.4g/t gold from 107 metres.

    Today's news could mean that extensions have been discovered, which has the potential to significantly increase the size of the mineralisation discovered to date.

    Step-out hole TLRC0008 delivered: 2 metres of massive sulphides from 90 metres; and 11 metres of massive sulphides from 111 metres.

    Step-out hole TLRC0009 delivered: 8 metres of massive sulphides from 133 metres; and 1 metre of massive sulphides from 158 metres.

    Samples are currently under assay. Drilling is ongoing.

    Sandfire is earning a 70% interest in the Talisman Mining’s (ASX:TLM) Doolgunna Project, which forms part of its Greater Doolgunna Project.

    This comprises a 1,700 square kilometre package of contiguous tenements surrounding the DeGrussa Copper Mine.

     

 
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