News Articles for Surefire Resources

Surefire Resources has returned another impressive batch of wide, high-grade gold intersections from a follow-up reverse circulation drilling program at its exciting Yidby Road gold discovery in Western Australia. The stand-out drill hit from five holes assayed so far is 44m at 2.77 g/t gold from 149m including 3m at 26.47 g/t from 150m and 5m at 6.27 g/t from 177m.

Surefire Resources has just completed a major RC drilling campaign that comprised two programs at its exciting Yidby Road gold project in WA's south-west Murchison province. The maiden 20-hole program late last year returned stellar, broad drill intersections of 56 metres at an average grade of 1.97 grams per tonne gold from 44m including 4m at 14.47 g/t and 40m going 3.01 g/t from 24m including 4m at 26.57 g/t.

Surefire Resources has unleashed a second drill rig on the exciting Yidby Road gold prospect at its Yidby Road gold project in WA. The company's current RC drilling campaign comes on the back of its recent initial spectacular, thick drill hits of 40m at 3.01 g/t gold from 24m including 4m at 26.57 g/t, and 56m at 1.97 g/t from 44m including 4m at 14.47 g/t.

Surefire Resources has kicked off a major follow-up drilling campaign at its exciting Yidby Road discovery in WA. The latest RC program comprising up to 40 holes for around 6,000m comes after the company unveiled a clutch of spectacular, thick intersections from its maiden round of drilling. One stand-out prior drill hit was a whopping 56m intersection at 1.97 g/t from 44m including 4m at 14.47 g/t.

Surefire Resources is fast-tracking its Perenjori magnetite iron ore project in WA, with the aspiring producer tabling a massive resource for the deposit that now weighs in at 192 million tonnes grading over 36 per cent iron that the company says can be beneficiated up to a stellar 70 per cent iron concentrate.

Surefire Resources is poised to resume drilling at its historic Yidby Road gold project in WA's Murchison Goldfields. The new program will follow up on a bundle of recent exciting gold drill hits. The spectacular assay results from the company's maiden round of RC drilling late last year featured a 56-metre intersection going an average grade of 1.97 grams per tonne gold from 44m down-hole that included 4m at 14.47 g/t.

Surefire Resources is set to ramp up its exploration across WA, with the multi-metal explorer looking to begin realising the true value in its diversified project portfolio. Whilst the company's Yidby gold project has stolen the limelight in recent months, Surefire is also keen to launch into exploration over its nearby Perenjori iron ore project and the Kooline silver project in WA's Ashburton region.

Surefire Resources is eyeing a rapid return to drilling at its Yidby gold project in WA's Murchison region and is set to follow up on recent high-grade drill intercepts with a 40-hole, 6,000m reverse circulation drilling campaign in the coming weeks. Results from the prospect included an imposing 56 metres at 1.97 g/t gold from only 44 metres down-hole, proving ample incentive to accelerate the company's exploration program over the discovery.

On the back of a recent stellar share price uplift, Surefire Resources has tabled more gold intercepts at its Yidby Road and Cashens Find prospects in the Murchison Goldfields north of Perth in WA. The best intercept of the latest bunch returned 16m at 1.51 grams per tonne gold from 50m, including 4m at 4.18 g/t with one rich metre going 13.43 g/t gold from 51m downhole.

Terrain Minerals has more than tripled the size of its ground holding at the Smokebush gold project in WA. The company has pegged a new exploration licence which covers approximately 26 square kilometres, linking its two existing ground holdings in the region and picking up the high-grade Paradise City prospect, where historical surface sampling returned rock chips grading over 38 grams per tonne gold.

Surefire Resources' share price vaulted more than 50 per cent higher in opening trades on Monday following news the gold explorer had hit a bounty of broad gold intercepts in the Murchison Goldfields of WA. The company's maiden drilling program over the Yidby Road prospect returned mineralised intercepts up to 56 metres wide including a stunning 40m at 3.01 grams per tonne gold.

ASX-listed gold explorer, Surefire Resources, has picked up the first of several tenements it is looking to secure near the town of Perenjori in the Mid West region of WA. The Perth-based company was this week granted the 69-square-kilometre patch of under-explored territory in the Koolanooka Greenstone Belt that has returned intriguing hints of gold from a limited amount of historical drilling.

Anglo Australian Resources is seeking to raise $14 million for its gold project near Kalgoorlie, while fellow explorers Ardea Resources and Surefire Resources have also announced capital raisings.

Caprice Resources is adding gold to its portfolio of projects after announcing plans to buy private company Goldview Metals, which owns the high-grade Island project in Western Australia.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Surefire Resources is poised to commence a 30-hole reverse circulation drilling campaign totalling 3,000 metres at its Victory Bore project near Sandstone, WA, next month, to test seven target areas highlighted by anomalous gold with coincident geophysical anomalism. Previous drilling in the 1990s defined a gold-in-soil anomaly about 4.4 kilometres long and up to 750 metres wide.

Surefire Resources is finalising a drilling program to test anomalous zones of gold mineralisation previously identified within greenstones at its Victory Bore project located near Sandstone in Western Australia's Mid-West region. Previous drilling in the 1990s defined a gold-in-soil anomaly about 4.4 kilometres long and up to 750 metres wide with a top intersection of 8m @ 10.2g/t gold from just 20m down-hole.

Surefire Resources has procured the prospective, yet under-explored Victory Bore vanadium project near Sandstone, WA, from ASX-listed High Grade Metals in a cash and scrip deal worth $1.25m. The company now holds a global combined inferred mineral resource of 237.2 million tonnes grading 0.43% vanadium pentoxide, which incorporates the large Victory Bore deposit and the nearby Unaly Hill deposit.

Surefire Resources' high level geological review of its Kooline project in the Ashburton region of WA, has thrown up extensive, untested areas the company says are prospective for lead-silver-copper and gold mineralisation. In the north, scattered gold results were reported from historical auger samples and shallow drilling, whilst to the south an investigation of the Kooline mine workings confirmed the potential of the mineralisation to thicken along strike.

Surefire Resources has intersected wide, high grade vanadium mineralisation in a resource extension drilling program completed at its Unaly Hill project, located near Sandstone in the Murchison region of WA. Results up to 34m @ 0.53% vanadium pentoxide from 79m down-hole, including 16m @ 0.69% vanadium pentoxide from 89m have extended the strike of the existing resources by another 4km to the north northeast.

Surefire Resources has generated high grade magnetic concentrates going up to 1.46% vanadium pentoxide from simple crushing and magnetic separation metallurgical test work on fresh vanadiferous magnetite ore composites from its Unaly Hill project near Sandstone in WA. The company said the testing also successfully rejected most of the waste silica, alumina and calcium content, whilst upgrading the iron and valuable titania content of the ore composite samples.

ASX listed Surefire Resources' recent reverse circulation drilling at its Unaly Hill project, near Sandstone in the Murchison region of WA, has extended the vanadium mineralisation for several kilometres along strike. All 10 reverse circulation holes in the campaign intersected a number of vanadiferous magnetite bands of varying down-hole widths and assays are currently pending.

Surefire Resources has confirmed thick, high grade, vanadium rich magnetite mineralisation in three separate ore horizons from a drill program at its Unaly Hill project near Sandstone. The best result was 50.8m grading a very respectable 0.55% vanadium pentoxide from 298m down-hole, which included 9m @ 0.89% vanadium oxide from 306m. Ore composites will now undergo comprehensive testing to determine the characteristics of the upgraded concentrates.

Great Southern Mining has received commitments from sophisticated investors for the placement of 34 million shares at an issue price of $0.0375 a share to raise approximately $1.275 million.

Paul Thomson has signed a new service agreement with A-CAP Resources and will transition from his current role of managing director to chief executive.

Justin Ferravant has been appointed chief financial officer and company secretary of Strike Energy.

Egan Street Resources has promoted Lindsay Franker from founding chief operating officer to a newly created role of executive director, operations.

James Minto has stepped down as non-executive director of Australian Finance Group. Mr Minto joined the board from 2004 to 2013 and again from 2015.

Panorama Synergy has appointed Peter Lewis AM as chief executive.

Chief executive salaries in WA are continuing to ratchet down, and companies are seeking more flexibility, a study of nearly 30 new appointments this year has found.

Michael van Uffelen has been appointed as a non-executive director of Dragon Energy.

Ardiden has appointed Bradley Boyle as executive director and Michael Stares as general manager – Canadian operations. Mr Boyle was formerly a managing director of Triton Minerals.

Leonard Math has been re-appointed as a non-executive director as a casual vacancy at Kangaroo Resources Limited.

Black Ridge Mining has appointed Edward Gilfillan to theboard of directors, following the resignations of chairman Alan Winduss and