Surefire Resources (ASX:SRN) to Begin Drilling at Promising Phat Boy Copper Site

October 08, 2024 06:07 PM PDT | By Sonal Goyal

Surefire Resources (ASX:SRN) to Begin Drilling at Promising Phat Boy Copper Site — Image source: Company Update

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Highlights

SRN has received approval for its maiden drilling program at the Phat Boy Copper prospect.

The drilling will target four areas (T1-T4), situated to the east of the Yidby Gold project and the Money geochemical target.

Previous drilling in the region has reported native copper and sulphides, highlighting the area's mineral potential.

Surefire Resources NL (ASX:SRN) has secured approval for its maiden drilling program at the Phat Boy Copper prospect. The PoW for the initial 11-hole RC drilling campaign was approved by the West Australian DEMIRS.

This initial drilling campaign will target four key areas (T1-T4), located just east of the Yidby Gold project and the Money geochemical target. The 11 RC holes will be drilled to a maximum depth of 200 metres, covering a total drilling distance of 2,200 metres.

With the necessary approvals in hand, the company is now preparing site access to commence drilling operations.

Copper anomalies and selected targets (Image Source: Company update)

The prospect is part of the Yidby East project in Western Australia and is located in the southern section of exploration license E59/2426.

Previous drilling in the area aimed to assess the Banded Iron Formation (BIF) as a magnetite resource and reported findings of native copper and sulphides.

SRN shares traded at AU$0.006 apiece at the time of writing on 9 October 2024.

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