SIR/SEG

Hello guys,

Before the results come out for the much awaited C1 of the E21 prospect, I would just like to make a comparison between Sirius and Seg resources, before Sirius hit the mother lode they had carried out a reconnaissance air drilling (RAB) to determine whether nickel zones existed in the area and the results are as follows:
Sirius Resources (ASX: SIR) has identified zones of nickel-copper and nickel-copper-cobalt enrichment from recent broad spaced reconnaissance drilling at the Eye prospect, part of the Fraser Range Project. Results from 120 reconnaissance aircore holes drilled at the Eye prospect show an extensive zone of near surface nickel-copper-cobalt laterite enrichment along with several zones with nickel and copper enrichment. Highlight intersections from the drilling program include: - 52 metres at 0.61% nickel, 0.06% copper and 0.07% cobalt from 20 metres, including 8 metres at 1.06% nickel and 0.12% copper; - 16 metres at 0.67% nickel, 0.05% copper and 0.13% cobalt from 40 metres; and - 44 metres at 0.59% nickel, 0.07% copper and 0.07% cobalt from 28 metres.mportantly, the nickel and copper enrichment appears to be greatest in the end of the drill holes within moderately weathered ultramafic rock, which is the preferred host rock for the deposits being targeted. Deeper samples from the drilling program could indicate the presence of oxidised nickel-copper sulphide mineralisation.

Now these are the results for segue:
Click to type date
Segue Resources Limited (Segue or the Company) is pleased to announce the assay results from the recent 48 hole (2,162 metre) aircore drilling program completed over seven (7) targets at the Plumridge Nickel Project (Figure 2) (See ASX announcement 18th September 2014). The objective of the drilling was to collect geological and lithogeochemical data to provide an initial test of the target zones that had been identified in airborne magnetic and Ground Moving Loop EM (MLEM) data. Over 700 samples were sent to ALS Minerals in Perth for multi-element geochemical assaying.
The assay results included a maximum assay of 3,130ppm nickel (0.31% Ni), with associated elevated chromium, in PAC006 within a broader intersection of 16 metres at 0.16% Ni from 20 metres (including 6 metres at 0.28% Ni from 22 metres). The lithogeochemistry in PAC006 is indicative of a mafic-ultramafic rock and demonstrates the success of the program in identifying the target mafic-ultramafic rocks that will now require follow up assessment. Significant results (above 0.1% Ni) are reported in Table 1.
1. Maximum assay value over a 2m interval.
Table 1 – Significant Drilling Results (using a 0.1% Ni cut-off)
Figure 2 – Location of aircore drill collars over regional magnetics
The aircore drilling programme is an important step in Segue’s exploration strategy and has provided detailed geological and geochemical information that will enable the Company to prioritise exploration targets for further work. Specifically, additional aircore drilling around PAC006 will be undertaken to better understand the significance of the identified nickel anomaly within the regional structural setting.

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8	Column 9	Column 10	Column 11
1	Hole ID	Easting	Northing	From (m)	To (m)	Width (m)	Ni (ppm)	Cu (ppm)	Co (ppm)	Cr (ppm)	Max Ni1 (ppm)
2	PAC006 639449 6662003 20 36 16 1,623 37 158 4,063 3,130
3	(including) 22 28 6 2,853 26 294 4,767 3,130

And now for the comparison Sirius had carried out a 120 hole drill program whilst Segue carried out a 48 hole drill program hence why their assay figures are higher, secondly Sirius resources had encountered nickel and copper enrichments within moderately ultramafic rocks where as Seg resources had carried out the reconnaissance drilling program to identify geological and lithogeochemistry: The result was than indicative of mafic- ultramafic rock in PAC006. To sum it up both companies have encountered nickel and copper enrichments and both identified mafic and ultramafic rocks. Sirius resources had carried out the drill in May of 2012 and soon after that they made the discovery, Seg on the hand has done better in this stage of the programme by identifying multiple bed rock conductors. I am not a geologist guys and this could go either way however there are more chances of hitting success than dirt here. I do apologise if this post seems repetitive to some but I thought I would share my input on the matter. GLTAClick to type date