Sandfire Resources' (ASX SFR) DeGrussa Project is located about 10 kilometres to the north of the Doolgunna anomaly - which highlights the prospectivity of the project.
These new anomalies include associated gold, silver, bismuth, lead and cobalt with further drilling planned to better define them and prepare them for deep reverse circulation drilling in the primary zone.
This prospect is centred about 500 metres southwest of the Vulcan Prospect, and strikes northeast.
The area was initially identified as a soil gold anomaly but aircore drilling has intersected anomalous copper, gold, silver, bismuth and cobalt.
The highest copper values were encountered towards the base of the regolith and are associated with elevated cobalt, silver and bismuth.
Anomalous results at Scotty include:
- 6 metres at 4.85 grams per tonne (g/t) gold from 49 metres including 1 metre at 1g/g gold from 49 metres, 214ppm copper, 55ppm cobalt and 2.7ppm bismuth;
- 29 metres at 607ppm copper and 103ppm cobalt from 12 metres; and
- 4metres at 65ppm copper, 2340ppm cobalt and 1.5ppm bimuth from 48 metres.
Sulu is centred about 600 metres northeast of Vulcan and was initially identified by the discovery of a rock chip sample with visible gold, which assayed 810g/t gold, 0.1% copper, 18.3g/t silver, 1% bismuth, 132ppm molybdenum and 2.7ppm antimony.
Subsequent detailed soil sampling identified a broad northeast striking copper anomaly.
Shallow aircore drilling in the area is widely spaced with many aircore holes terminating in elevated copper and cobalt. Further drilling is required to define a basement target.
This prospect is centred about 1,500 metres due east of the Vulcan Prospect.
Current drilling has extended the known copper/zinc/lead anomaly at McCoy to the southeast.
Nimoy is centred about 3,000 metres due east northeast of the Vulcan Prospect, and was initially identified as a coincident copper, gold, lead, bismuth, and zinc anomaly in soil sampling.
The recent widely spaced aircore drilling of the regolith has better defined this anomaly provides a ready target for follow up work.
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