Sheffield Resources confirms Night Train HM discovery

THE DRILL SERGEANT: Sheffield Resources (ASX: SFX) has claimed to have confirmed a new mineral sands discovery on the back of results from exploration aircore drilling carried out at the company’s 100 per cent-owned Dampier mineral sands project, located near Derby in northwest Western Australia.

The results stem from four holes drilled at the Night Train prospect as part of a short regional exploration drilling program Sheffield completed in August.

Results include:

DAAC094
13.5 metres at 5.25 per cent heavy minerals (HM) from 46.5m, including 7.5m at 8.23 per cent HM from 48m;

DAAC093
24m at 3.33 per cent HM from 37.5m, including 12m at 5.48 per cent HM from 37.5m; and

DAAC092
9m at 2.48 per cent HM from 31.5m, including 3m at 3.44 per cent HM from 31.5m.

The company explained the results were achieved immediately down-dip from the discovery drill hole intersections it announced in February 2015, and extend the Night Train mineralisation by a further 1km to over 1.6km width across strike.

Mineral assemblage for the recent drilling is yet to be determined, however Sheffield declared visual examination of the HM, and proximity to previously announced results, suggest it is likely these latest samples will have a similar high value mineral assemblage to what came out of the earlier drilling.

“Night Train is emerging as a substantial new discovery,” Sheffield Resources managing director Bruce McQuitty said in the company’s announcement to the Australian Securities Exchange.

“Night Train stands out from our other regional prospects with its very high value mineral assemblage, high HM grade, and substantial mineralised widths.

“We have only just scratched the surface so far with our regional exploration efforts, however this is further evidence that the Canning Basin is an emerging mineral sands province.”

Website: www.sheffieldresources.com.au