Sandfire continues drill hits at Talisman’s Monty

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THE DRILL SERGEANT: Sandfire Resources (ASX: SFR) has received assays for step-out diamond holes TLDD0009 and TLDD0010, recently drilled on the Monty copper-gold discovery.

Monty is located east of the DeGrussa copper-gold mine on the Springfield project, which is part of a farm-in with Talisman Mining (ASX: TLM).

Sandfire said the two holes were drilled concurrently to test for mineralised extensions in the areas up-dip of the known mineralisation.

Diamond hole TLDD0009 returned the high-grade intercepts approximately 55 metres up-dip of a previously reported intersection in TLDD0005 (9.2m @ 11.8% Cu and 2.9g/t Au from 417.0m):

Results include:
1 metre at 8.6 per cent copper and 0.3 grams per tonne gold from 343m to 344m down-hole (true width not known at this time, top of intercept is 301.2m vertically below surface);

7.9m at 8.3 per cent copper and 2.4g/t gold from 363.1m to 371m down-hole (true width not known at this time, top of intercept is 316.3m vertically below surface); and

4.8m at 4.9 per cent copper and 1.1g/t gold from 385.8m to 390.6m down-hole (true width not known at this time, top of intercept is 334.7m vertically below surface).

Diamond hole TLDD0010 returned the following:
0.5m at 1.2 per cent copper and 1.4g/t gold from 355.6m to 356.1m down-hole (true width not known at this time, top of intercept is 312.2m vertically below surface);

10.5m at 18.9 per cent copper and 3.1g/t gold from 359.7m to 370.2m down-hole (true width not known at this time, top of intercept is 314.5m vertically below surface; and

4.7m at 12.8 per cent copper and 2.5g/t gold from 373.6m to 378.2m down-hole (true width not known at this time, top of intercept is 328m vertically below surface).

“Drilling completed to date suggests that the mineralisation may be plunging to the north-east at approximately 45 degrees and remains open both up- and down-plunge,” Sandfire Resources said in its ASX announcement.

“These up- and down-plunge locations are considered prospective for extensions to the current known mineralisation.”

Email: info@sandfire.com.au

Website: www.sandfire.com.au