Announcement Date: 2023-01-16
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Surefire Resources NL
Project name: Victory Bore
Location: Australia
Commodities: Vanadium
Highlight: Drilling results incl. 72m at 0.41% V2O5, 0.00 from 2m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Surefire Resources NL (“Surefire” or “the Company”) is pleased to announce that the 3rd and final tranche of assay results has been received from the recently completed RC drilling campaign (ASX: 15 Dec 2022). That campaign, of 62 holes for 5,189m, was designed to in-fill existing drill sections at a close spaced resource drilling proximity of approximately 25 x 100m spacing in preparation for a Prefeasibility Study. That drilling campaign has outlined four parallel vanadium mineralised lodes within a broad vanadium mineralised envelope. Successive drilling campaigns have extended that envelope westwards. Each of the lodes feature excellent continuity throughout the drill tested area (1.4km strike of a total of 22.5km on the Surefire tenements) and massive mineralised widths of vanadium pentoxide (V2O5). Lode widths will allow bulk mining methods with a reduced For personal use only mining cost, dilution, and strip ratio.
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