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Surefire Resources NL
Summary
| Project: | Unaly Hill | |
|---|---|---|
| Deposit: | Unaly Hill | |
| Location: | Australia | |
| Commodities: | Vanadium-Titanium-Iron | |
| Date: | 9/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-9-2018: Surefire Resources NL announces an Exploration/Drilling Update report for its Unaly Hill deposit at the Unaly Hill project. Drilling results incl. 69.5m @ 0.42% V2O5, 6.19% Titanium, 22.77% Fe from 182.50m. Surefire Resources NL (“SRN”) execute | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tony Donaghy (Independent) | |
| ABSTRACT: | Surefire Resources NL (“SRN”) executed a single HQ diamond drill hole which was completed at a depth of 345.5m. The hole, UHDM001, was drilled to acquire sufficient core sample to advance metallurgical testing. The hole intersected three consistent zones of extensive mineralisation occurring as course, euhedral magnetite in a chloritic gabbro. The mineralisation graded from moderate-heavily disseminated, to matrix and massive concentrations of cumulate magnetite. The three consistent zones of vanadiferous magnetite intersected (Figure 1) returned assay results of The selection of meterages for the composites for metallurgical process work as well as sample ½ core sections for comminution testwork has been completed and the next stage of metallurgical testwork is underway with results expected in the next quarter. Historical testwork on the Unaly Hill mineralisation has previously confirmed a high-grade vanadium concentrate can be produced from the Unaly Hill mineralisation. A comprehensive metallurgical test work program has been designed for the new mineralised core and the Company has engaged metallurgical consultancy company METS Engineering of West Perth, to manage the testwork program in conjunction with ALS Metallurgy Pty Ltd (ALS) part of the ALS Global group specialising in assay and metallurgical process work. The second stage of the Unaly Hill drill program has now commenced and consists of more extensive RC drilling that will test additional magnetic anomalies and areas of potential higher-grade mineralisation. Southern Geoscience (SGC) produced the original target drill hole model plots and were engaged to analyse and assess the detailed geophysical data available for the areas north of the 2010 drilling program. The previous SGC generated target drill holes intersected significant highgrade vanadium mineralisation and provided a sound targeting rationale. | |
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