Sheffield Resources adds 1Mt to Eneabba HMS project

THE DRILL SERGEANT: Sheffield Resources (ASX:SFX) has added to the zircon and rutile components of the company’s Eneabba HMS project resource base with the announcement of a maiden Mineral Resource for its Drummond Crossing prospect.

Located 20 kilometres north of Eneabba in Western Australia’s Mid-West region, Drummond Crossing is one of six deposits Sheffield has identified within the Eneabba Project, five of which – West Mine North, Ellengail, Yandanooka, Durack and now Drummond Crossing – are included in the project’s resource inventory.

The Drummond Crossing resource adds 150,000 tonnes of zircon, 107,000t of rutile, 570,000t of ilmenite and 38,000t of leucoxene to the Eneabba project resource inventory which now stands at 6.8 million tonnes of contained HM, of which 5.8 million tonnes is valuable heavy mineral (VHM).

 

The MLEM survey areas at Cambridge, which cover the basal contact on
the western and eastern margins of the dunite body. Source: Company
announcement

 

“Dunal mineral sands deposits such as Drummond Crossing are attractive targets because they have high-value mineral assemblages, minimal overburden and are cost-effective to drill,” Sheffield Resources managing director Bruce McQuitty said in the company’s announcement to the Australian Securities Exchange.

“Drummond Crossing is the fifth resource of over 1 million tonnes of contained heavy mineral we have added to our Eneabba project and is a further example of the near-surface high-value zircon and rutile-rich heavy mineral sand deposits we are targeting.

“Importantly, we have identified four new targets of this style of mineralisation, representing an outstanding opportunity to further grow our Eneabba project.

“While the Dampier Mineral Sands project remains Sheffield’s principal focus, we will continue to pursue low cost opportunities like this to build a strategic resource base in a proven mining district.”

Sheffield carried out a regional surface sampling program during July 2013 to identify additional shallow to outcropping dunal HMS mineralisation, which delineated four new exploration targets.

Mt Adams

Mt Adams is located approximately 6km to the southeast of Sheffield’s Irwin prospect and immediately east and adjacent to Tronox Limited’s (NYSE: TROX) Dongara heavy mineral sands deposit. Sheffield’s sampling has identified two zones of coherent mineralisation using a 0.7 per cent HM cut-off with a maximum result of 2.05 per cent HM. The larger northern zone has the approximate dimensions of 1.6km by 1.2km and the smaller southern zone has the dimensions of 0.8km by 0.6km.

Robbs Cross

Robbs Cross is located approximately 5km to the northeast of Sheffield’s Drummond Crossing deposit. The sampling has identified a large zone of coherent mineralisation using a 0.7 per cent HM cut-off with a maximum result of 2 per cent HM. The zone has the approximate dimensions of 2.5km by 1.0km with some areas obscured by barren wind-blown sand.

Ding Road

Ding Road is located just 1.8km to the east of Sheffield’s Drummond Crossing deposit. Prior scout sampling by Sheffield has returned values of up to 1.67 per cent HM. This was confirmed by the current sampling which returned a maximum value of 2.9 per cent HM.

One line of sampling has defined an anomalous zone with a strike length of approximately 1.2km. Further sampling is planned to determine the potential width of the mineralisation and its relationship to the nearby Drummond Crossing deposit.

Thomsons

Thomsons is located 12km east of Sheffield’s West Mine North deposit and 2.6km from Iluka Resources Ltd’s (ASX:ILU) IPL North deposit. Sheffield’s sampling has identified a large zone of coherent mineralisation using a 0.7 per cent HM cut-off with a maximum result of 4.8 per cent HM. The zone has a crescent shape with approximate dimensions of 3.7km in length and between 0.25km and 1.0km in width.

Sheffield indicated its next phase of work will include mineral assemblage determinations on the heavy mineral concentrate from the surface samples. Further follow-up surface sampling is planned for Q1 2014.

Email:
bmcquitty@sheffieldresources.com.au

Website:
www.sheffieldresources.com.au