Sandfire holds a dominant ground position in the emerging Doolgunna Volcanogenic Massive Sulphide (VMS) province in the Bryah Basin region of Western Australia (WA), which now stands at 6,940km2 and includes the Company’s DeGrussa and Monty copper-gold mining operations.
This landholding includes both 100%-owned tenements, as well as land held under farm-in and Joint Venture agreements.
Since discovering DeGrussa, Sandfire has remained steadfast in its conviction that the Doolgunna region has the potential to yield multiple further high-grade ore discoveries and has invested substantially to build its extensive tenement holding.
The Company’s geological team, assisted by some of the world’s leading independent geological consultants, has confirmed that DeGrussa is a VMS deposit. It is well-established that this style of mineralisation generally forms in clusters and that VMS fields typically contain many clusters of deposits – often with resources totalling 40-50 million tonnes across the field or, in some cases, super-giant fields containing 100-200 million tonnes and more. Much of this stratigraphy is obscured beneath transported alluvium and requires systematic aircore (AC) drilling to test the bedrock geochemistry and identify prospective areas.
Sandfire owns the only operating base metals processing plant in the region (the 1.5Mtpa DeGrussa Concentrator), putting the Company in an outstanding position to capitalise on new discoveries. Our exploration strategy for the Doolgunna-Bryah Basin region has been developed and enhanced over a number of years as we progressively refine our understanding of the intricacies of exploration in the district, underpinned by a $20-$25 million annual exploration budget.
Sandfire provides regular updates on its exploration initiatives across Australia as part of its reporting. Click here for more details.
Sustainability Snapshot - Supporting Shooting Stars
Sandfire has a strong ongoing partnership with Shooting Stars, an initiative of Netball WA and Glass Jar which uses netball as a vehicle to encourage greater engagement and school attendance by young Aboriginal women living in WA’s remote communities and regional towns. Sandfire’s support funds the employment of a program co-ordinator based at the Meekatharra District High School (MDHS).
Read more about our sustainability initiatives here.