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Sandfire Resources NL

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Summary

Project:

Tshukudu

Deposit:A4 Dome
Location:Botswana
Commodities:Copper-Silver
Date:5/25/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Environmental Approval
Report details:25-5-2020: Sandfire Resources NL announces an Exploration/Drilling Update report for its A4 Dome deposit at the Tshukudu project. Drilling results incl. 20.5m @ 3.6% Cu, 8.8g/t Ag from 78.5m. Sandfire Resources Ltd (ASX: SFR; Sandfire or the Company) is p
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Julian Hanna (Internal)
ABSTRACT:Sandfire Resources Ltd (ASX: SFR; Sandfire or the Company) is pleased to report further significant exploration results from resource drilling at the A4 Dome satellite discovery, part of its Tshukudu Project in the Kalahari Copper Belt in Botswana (see Figure 1), and to provide an update on upcoming exploration activities. The Botswana Government has announced a phased easing of COVID-19 restrictions. This has allowed the Company to initiate discussions with key regulatory authorities with a view to resuming resource in-fill and extensional drilling at A4 by early June, as well as ramping up other near-mine and regional exploration drilling activities. Sandfire is also pleased to announce further consolidation of its land-holding in the Kalahari Copper Belt following the recently announced agreement with ASX-listed Kopore Metals Limited (ASX: KMT) to acquire a block of nine licences in Namibia covering an area of approximately 6,700km2 held by Kopore subsidiary, Trans-Kalahari Copper Namibia (Pty) Ltd. The licences lie directly along strike from the western limit of Sandfire’s Botswana licences and cover a large, under-explored area within the western part of the Kalahari Copper Belt.

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