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Sheffield Resources Ltd.
Summary
| Project: | Dampier | |
|---|---|---|
| Deposit: | Dampier | |
| Location: | Australia | |
| Commodities: | Zircon-Leucoxene-Titanium | |
| Date: | 10/17/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 17-10-2018: Sheffield Resources Ltd. announces an Exploration/Drilling Update report for its Dampier deposit at the Dampier project. Drilling results incl. 37.50m @ 3.56% THM from 1.5m. Sheffield Resources Limited (“Sheffield”, “the Company”) (ASX: SFX) t | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Seb Gray (Internal) | |
| ABSTRACT: | Sheffield Resources Limited (“Sheffield”, “the Company”) (ASX: SFX) today announced more significant drilling results from regional exploration drilling at the Cold Duck, Porphyry Pearl, Cisco and Nomad prospects at the Dampier Mineral Sands Project near Derby in northern Western Australia. The Cold Duck, Porphyry Pearl and Cisco prospects are all new discoveries located within 15km of the Company’s world class Thunderbird deposit and in close proximity to project infrastructure. Nomad, which was first drilled in 2015, is located within 5km of the proposed haul road and just 700m north of the Great Northern Highway. These results follow recently released outstanding results from the Night Train deposit (see ASX announcement dated 9 October 2018 for further details) and relate to 94 aircore drill holes completed in September 2018. The drilling form part of an extensive regional exploration program targeting additional large, zircon rich deposits suitable for downstream processing at the Thunderbird Project Dry Mineral Separation Plant (see ASX release 1 August 2018). Results include the following substantial intervals1: Eight zones of significant mineralisation, including Thunderbird and Night Train have now been identified along a 100km long highly mineralised trend situated north of the highway and extending from Seagull in the north to Nomad in the south (Figure 2). Remaining drill results from the regional exploration program at Concorde and Buckfast, located south of the highway will be reported in the coming weeks. Sheffield Managing Director, Bruce McFadzean, said the new discoveries along with the zircon-rich Night Train deposit, all located in close proximity to the Company’s world class Thunderbird deposit clearly demonstrate the global significance and strategic value of Sheffield’s Dampier Mineral Sands Project. | |
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