Australian Exploration

Exploration remains at the heart of Sandfire’s long-term Growth strategy.

Sandfire’s Australian exploration initiatives target some of Australia’s premier exploration provinces. Current exploration activities are primarily focused in the Doolgunna-Bryah Basin region of Western Australia and Cobar and Macquarie Arc regions of New South Wales.

Exploration Summary

Doolgunna-Bryah Basin Exploration, Western Australia

Sandfire holds a dominant ground position in the Doolgunna-Bryah Basin region of Western Australia, which now stands at over 7,000km² and includes the Company’s DeGrussa Operations. This landholding includes both 100%-owned tenements, as well as land held under farm-in and Joint Venture arrangements.

Sandfire is progressing a dual track exploration program across the Doolgunna Province – a Copper Exploration Pipeline targeting potential extensions to the DeGrussa and Monty VMS systems and other VMS-hosted copper mineralisation, and a Gold Exploration Pipeline targeting gold mineralisation that could support the development of a gold processing train at the DeGrussa processing plant.

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.

Visit our ASX Announcements page for updates on our exploration projects.

Cobar Exploration, New South Wales

Sandfire entered into a Farm-in Agreement with CBH Resources Ltd in October 2020 giving it the right to earn up to a 100% interest in the Endeavor Base Metal Mine and surrounding exploration tenements, located near Cobar in NSW.

Exploration at the Endeavor joint venture consists of drilling and drillhole electromagnetic data (DHEM) surveys targeting extensions to the Endeavor mine resources.

Visit our ASX Announcements page for updates on our exploration projects.

Macquarie Arc Exploration, New South Wales

Exploration programs in the Temora region are focused on discovering both epithermal and porphyry-style mineralisation.

Visit our ASX Announcements page for updates on our exploration projects.