New holes indicate Bollinger extension

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 03 Apr 2013   Posted by admin

THE first two holes drilled at Sirius Resources’ conductor 6 drilling target have intersected thick zones of massive sulphide; confirming the area is an extension of the existing Bollinger deposit, part of the Fraser Range joint venture in WA.
The two holes indicate that conductor 6 is the southerly extension of Bollinger and that the thick massive sulphide extends more than 100m southwards from the original discovery holes.
The sulphides are similar to those seen at the company’s nearby Nova deposit, with coarse grained pentlandite (nickel sulphide) and chalcopyrite (copper sulphide) crystals visible in the core.
According to Sirius, the zone remains open in all directions and drilling continues to assess the boundaries of the area.
Holes are underway in a number of locations: at the southern end of conductor 5, east of previous drilling at Bollinger and in the feeder zone between Nova and Bollinger.
Further drilling is also likely to occur to the northeast, where a large gravity anomaly has been discovered and may indicate the presence of additional massive sulphides or sulphide mineralisation. The maiden JORC resource for Nova remains on track for completion in March.

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