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Sandfire Resources NL

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Summary

Project:

Morcks Well

Deposit:Morcks Well
Location:Australia
Commodities:Copper-Gold-Zinc-Lead-Silver
Date:6/6/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-6-2018: Sandfire Resources NL announces an Exploration/Drilling Update report for its Morcks Well deposit at the Morcks Well project. Drilling results incl. 11.0m @ 3.5% Cu, 0.3ppm Au, 709ppm Zn, 142ppm Pb, 2.6ppm Ag from 73m. Sandfire Resources NL (ASX
Resources:x
CP/QP:[Overall Report]: Shannan Bamforth (Internal)
ABSTRACT:Sandfire Resources NL (ASX: SFR; “Sandfire”) advises that it has received assay results for the recently reported Aircore (AC) drill holes which intersected narrow zones of sulphide and supergene copper mineralisation at the Morck’s Well Project, part of its Farm-in with Auris Minerals Limited (ASX: AUR; “Auris”) and Fe Limited (ASX: FEL; “Fe Limited”). Significant results included While the high-grade intersections returned from these AC holes are narrow, the overall tenor and grade of the mineralisation encountered is encouraging and supports continued exploration along this corridor. All intercept length’s are down hole, true widths are not known. Morck’s Well is located ~22km south-west of the DeGrussa Copper Mine in Western Australia. The project area also extends into the Farm-in with Enterprise Metals Limited (ASX: ENT; “Enterprise”) (see Figures 1 and 5). Sandfire is progressing a systematic and multi-pronged exploration program across this corridor, with two additional Reverse Circulation (RC) drill-holes completed, each of which have also had Downhole Electromagnetic (DHEM) surveys completed.

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