Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ASX:SFR
News: Latest news
Web Site: Sandfire Resources
Other Articles: 25-02-201023-02-201022-02-2010

RSS - Subscribe to the News Today on Proactive UK ▼

Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

FULL ARTICLE ►
Sandfire Resources

Sandfire Resources

During the first half of 2009, Sandfire Resources (ASX: SFR) announced a major high-grade copper-gold discovery at its 100%-owned Doolgunna Project, located 130 kilometres north of Meekatharra in Western Australia.  The company is focusing most of its resources on progressing this new discovery.

The company's project pipeline includes advanced manganese projects and a provincial-scale base metal exploration opportunity at Borroloola in the Northern Territory, a lead-zinc-silver exploration project at Sandfire near Broome in Western Australia, and base metal, uranium and gold exploration projects at Yannarie and Urandy in Western Australia.

Friday, November 27, 2009

Sandfire Resources receives more good news from Doolgunna in WA

company news image

Emerging copper company Sandfire Resources NL (ASX: SFR) has received assay results from Conductor 4, located immediately adjacent to the DeGrussa and Conductor 1 deposits, indicating potential for a high grade Volcanogenic massive sulfide (VMS) deposit.

The second batch of assay results from Conductor 4 returned an intersection of 17.7m grading 5.4% copper and 1.9g/t gold, 1.2% Zn and 12.9g/t Ag from a down-hole depth of 629 metres in hole DGDD-035.

Further drilling is underway to test down-plunge extensions of Conductor 4 deposit, which is 200 metres east of DeGrussa.

Assay results have also been received from a further eight drill holes at Conductor 1, confirming the high-grade and broad widths of mineralisation within this deposit including: 6.8m @ 10.9% Cu, 3.4g/t Au and 23.3m @ 3.4% Cu, 1.5g/t Au (DGDD-039); 37.6m @ 3.0% Cu, 1.8g/t Au (DGDD-041) and 23.4m @ 4.1% Cu, 1.4g/t Au (DGDD-045).

Coffey Mining has been engaged by the company to calculate an initial JORC resource for the DeGrussa and Conductor 1 deposits, due in Q1 2010.

Sandfire investors have enjoyed an ebullient year, the share price rang in the new year at 8.5c, currently the shares are trading at $3.85.

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Sandfire Resources articles


Other Sandfire Resources news

More news ►

Investors interested in Sandfire Resources recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.