Sirius Resources continues Nova drilling

THE DRILL SERGEANT: Sirius Resources (ASX:SIR) has advised the market on the completion of a further two diamond drill holes at the company’s Nova nickel-copper discovery.

The first of the most recent drilling intersected:

–    An upper zone comprising 21.2 metres of disseminated sulphides and 2.5 metres of massive sulphides from 343.6 metres;

–    A second zone of 19.2m of disseminated sulphides from 367.3m; and

–    A third zone of 2.2m of massive sulphides from 402.8m.

Sirius said these results combined with others from a hole released last week to define a thick (40m to 50m) zone of mineralisation including massive, matrix, net textured and disseminated sulphides that were predicted by the company’s EM modelling.

 

Plan projection of Nova showing location of EM conductors and
drilling to date, with assays (where received) and visual intercepts
(where assays awaited). Source: Company announcement

 

The second hole in today’s ASX announcement was drilled on the infill line towards the southern end of the target, and intersected:

–    An upper zone of 5.91m of stringer sulphides from 266.76m; and

–    A lower zone of 5.13m of stringer sulphides from 296.11m.

The company said it anticipates the remainder of this line to be drilled during the coming week while drilling on the next stepout line will commence late next week following the completion of a down hole electromagnetic (DHEM) geophysical survey.

Sirius also expects to receive assay results for the first of the thick sulphide intercepts on the 600N line late next week.