Doolgunna Project - Overview

Doolgunna Location Map
Sandfire has a targeted annual exploration expenditure of $20-25 million for the Doolgunna Project, where exploration activity is aimed at identifying additional volcanogenic massive sulphide (VMS) mineralised systems similar to DeGrussa.
 

The Company continued to progress exploration targeting during the Quarter, utilising a broad range of exploration techniques including geophysics, geochemical sampling, Aircore and RC drilling. A number of promising targets have been worked up including near-mine structural targets and regional targets such as the Airstrip South and North Robinson Range.

 

The Company continues to be very encouraged by the prospectivity of the DeGrussa and surrounding Doolgunna Projects for additional VMS discoveries. We have developed a large and sophisticated geological database and technical understanding of the occurrence of VMS mineralisation in the region.

 

New programs of surface diamond drilling will commence during the December 2012 Quarter to test several priority VMS targets, including a mix of near-mine and regional targets. Continuing regional Aircore and RC drilling will assist in defining the next generation of regional targets.

 
Doolgunna Location Map