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Surefire Resources (ASX: SRN) Concludes RC Drilling to Extend Gold Zones at Yidby Project

July 23, 2025 03:38 AM AEST | By Aditi Sarkar
 Surefire Resources (ASX: SRN) Concludes RC Drilling to Extend Gold Zones at Yidby Project
Image source: SRN Update

Highlights

  • Surefire has completed 31 RC drill holes totalling 3,972m across key Yidby prospects and the Money Anomaly.
  • Drilling targeted extensions and infill of known gold zones, and a new geochemical zone 1.5 km south of Yidby.
  • A total of 964 composite samples have been submitted for assay; initial results expected to be reported in August.

Surefire Resources NL (ASX:SRN) has completed its reverse circulation (RC) drilling program at the Yidby Gold Project in Western Australia. The campaign focused on extending and infilling known gold zones at the Yidby, Fender, and Marshall prospects, while also drill-testing the geochemical zone at the Money Anomaly located 1.5 km south of Yidby.

The Yidby Gold project is emerging as a large gold system, situated within a proven greenstone belt that hosts several multi-million-ounce gold deposits. Notably, Capricorn Metals' Mt Gibson deposit (3.9 Moz) lies just 30 km to the south.

Revised Scope for Next Phase

A total of 31 RC holes were drilled for a combined 3,972 metres. While the original plan proposed 42 holes totalling 5,500 metres, some drill holes were deferred and will be incorporated into a follow-up diamond drilling program in preparation for a scoping study.

Assay Results Expected in August

Samples were collected at 1m intervals, with 4m composites submitted for initial testing. In total, 964 composite samples have been sent to the lab, with the first assay results anticipated next month.

The share price of SRN was AUD 0.002 at the time of writing on 23 July 2025.

 


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