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Articles by Surefire Resources
Suitors come knocking for Surefire’s Victory Bore
Surefire Resources has received a formal expression of interest for its Victory Bore vanadium and titanium project from German independent commodities trading company HMS Bergbau AG. The expression of interest in Surefire’s WA operation, extends to the company’s processing facilities in Saudi Arabia and seems to also contemplate a long-term strategic resource partnership.
Surefire fires starting gun on WA gold drilling
Surefire Resources has kicked off a new, two-phase drill campaign, starting at its Yidby gold prospect in WA’s mid-west region, followed by a maiden drill program at the company’s nearby Phat Boy copper project. The 2500m, 12-hole reverse circulation program will test nine newly identified targets recently revealed after a review old geophysical data, along with structural interpretations from available diamond-core and drill-chip relogging.
Surefire set to drill Mid West gold and base metal targets
Surefire Resources has identified nine new drilling targets from reinterpreted IP geophysics data, structural interpretations and re-logging at its Yidby gold project in Western Australia’s Mid West region. The company says the work significantly complements its understanding of the mineral system and controls on gold mineralisation previously intersected by its drilling and points to potential depth extensions for the porphyry-hosted system.
Surefire gets nod to hammer drill bit into WA copper targets
Surefire Resources has confirmed it has secured clearance to launch an 11-hole, 2200m maiden drilling campaign at its recently-discovered Phat Boy copper prospect in Western Australia’s Mid West region. The prospective ground consists of four coincident copper-zinc anomalous zones and is interpreted to sit within a similar geological and structural setting to the world-class Golden Grove massive sulphide deposit.
Surefire moves to add copper into critical mineral mix
Surefire Resources is planning a maiden drill program at its recently-discovered Phat Boy copper prospect in Western Australia’s Mid West region in a bid to add to its established critical minerals portfolio. The prospect consists of four coincident copper-zinc anomalous zones and is interpreted to sit within a similar geological and structural setting to the world-class Golden Grove massive sulphide deposit.
Surefire ramps up chase for big WA copper-zinc deposit
Surefire Resources is following up newly-found base metals soil anomalism at its Yidby East gold project in WA’s Mid West region, with renewed exploration set to test for possible Golden Grove-style deposit analogues. The broad-scale anomalous copper-zinc was identified at the company’s Phat Boy target, about 50km from 29Metals’ renowned Golden Grove copper-lead-zinc-gold-silver operation and other nearby volcanogenic-hosted massive sulphide deposits in the same belt.
Surefire jags 5km-long “Golden Grove-style” copper hits
Surefire Resources’ soil sampling at its Yidby East gold project in Western Australia’s Mid West region has identified anomalous base metals similar to of the nearby Golden Grove style of volcanogenic-hosted massive sulphide (VHMS) deposit. The company’s Phat Boy target sits about 50km south/south-east of 29Metals’ world-famous Golden Grove and other nearby VHMS deposits in the same belt.
Geraldton port deal to boost Surefire magnetite export plans
Surefire Resources has executed a joint co-operation agreement with WA’s Mid West Ports Authority to define the best pathway forward for exporting magnetite product from the company’s Victory Bore operation. Management’s aim is to secure port access for 1.25 million tonnes per annum to be shipped to the Kingdom of Saudi Arabia (KSA), where the ore will be processed into a suite of valuable products.
Surefire nabs engineering guru to develop WA iron-vanadium
Surefire Resources has inked an agreement with DRA Global for a full-service engineering package to develop its 100 per cent-owned Victory Bore vanadium-iron project in Western Australia’s Mid West region. The signed heads of agreement charges DRA with taking the Victory Bore project from feasibility to construction and finally, into planned dual-country operations in Australia and the Kingdom of Saudi Arabia.
Surefire looks to Unaly Hill for high-grade iron, titanium
Surefire Resources says it has identified a significant opportunity to produce high-grade iron and titanium concentrates from its Unaly Hill magnetite deposit that sits in Western Australia’s Mid West region. The company is also engaging with potential stakeholders interested in fast-tracking the development of its flagship Victory Bore project abutting its Unaly Hill ground, about 450km north-east of Perth.
Bright lights of Saudi Arabia attract Surefire attention
The bright lights of a future Saudi Arabia are enticing Australian companies such as Surefire Resources to the Arabian Peninsula – and the company is looking to supply the minerals needed to build the Kingdom’s pipeline of significant projects planned for the coming decades. The super-wealthy country has openly acknowledged it needs help from “experienced mining heads” to help develop its fledgling industry.
Surefire appoints CEO to guide WA vanadium project
Surefire Resources has made a key boardroom addition to help guide its Victory Bore vanadium project in WA’s Mid West after appointing experienced finance specialist Jan De Jager as its new chief executive officer. The company recently released an updated Victory Bore mineral resource estimate of 465 million tonnes at 0.3 per cent vanadium oxide, 5.1 per cent titanium dioxide and 17.7 per cent iron.
Vanadium mission earns timely tax offset for Surefire
Surefire Resources will commit a tidy $454,000 tax rebate towards extending its research and development activities at its Victory Bore vanadium project in Western Australia’s Mid West region. The tax rebate relates to the company’s processing technology results and high-purity alumina testwork at the operation that includes a “breakthrough” metallurgical process which yielded extraction rates of 91 per cent vanadium and 88 per cent titanium.
Surefire signs another Saudi deal for Mid West vanadium play
Surefire Resources has strengthened its growing ties with Saudi Arabia after signing a new agreement designed to assist in development and investment for its Victory Bore vanadium project in WA’s Mid West. The non-binding agreement with Saudi-based RASI Investment allows both parties to explore a joint venture or co-developer structure to assist in potential downstream processing facilities for offtake from the project.
Surefire hits 97 per cent vanadium recovery at Victory Bore
A second round of testwork on Surefire Resources’ breakthrough pre-treatment metallurgy has lifted the direct vanadium recovery from its Victory Bore magnetite resource in Western Australia to 97 per cent. The company says its proprietary method alleviates the vanadium industry’s standard needs for high-pressure treatment or high-temperature roasting of pre-treated magnetite and brings significant capex and opex advantages.
Surefire hits 91 per cent vanadium recovery at Victory Bore
Surefire Resources has developed a “breakthrough” metallurgical process which has yielded extraction rates of 91 per cent vanadium and 88 per cent titanium from its Victory Bore magnetite concentrate in WA’s Midwest. The company says its provisionally patented technology alleviates the need for standard vanadium industry pre-treatment processing and will be incorporated into its developing Victory Bore operations where its economic, operational and environmental benefits will be evaluated.
Surefire to get new Saudi backing for vanadium play
Vanadium magnetite concentrate from Surefire Resources Victory Bore project will potentially be shipped to Saudi Arabia where it will be processed into vanadium-titanium-magnetite end products under a new agreement to be thrashed out between Surefire and Saudi based Ajlan & Bros Mining and Metals Company. The deal will also likely involve Ajlan investing directly into Victory Bore.
Surefire tables $1.7b vanadium play in WA
Surefire Resources has unveiled a pre-tax net present value of $1.7 billion for its Victory Bore vanadium project in WA’s Mid West region following the release of a prefeasibility study into the operation. The company is predicting a 42.2 per cent pre-tax internal rate of return, a mine life of 24 years with a payback of 2.4 years and a capital cost of $767 million.
Surefire eyes Saudi site for vanadium processing hub
Surefire Resources is one step closer to a vanadium processing plant in the Kingdom of Saudi Arabia (KSA) after the Royal Commission for Jubail and Yanbu pinpointed the Ras Al-Khair industrial region for the site. In August, the company sealed a pivotal MOU with the KSA, where it plans to process ore from its Victory Bore vanadium and high-purity alumina project in WA’s Mid West.
Victory Bore PFS boost for Surefire with key signing
Surefire Resources has engaged premier mining and exploration consultant Snowden Optiro to provide a mine plan, cost estimate and report for the upcoming prefeasibility study (PFS) at its 100 per cent-owned Victory Bore vanadium project in Western Australia’s Mid West region. The company expects to deliver the PFS for what it describes as its “world-class” deposit in November.
Surefire forms groundbreaking Saudi Kingdom alliance
Surefire Resources has sealed a pivotal memorandum of understanding with the Kingdom of Saudi Arabia, where it will now process ore from its Victory Bore vanadium and high-purity alumina project in WA. Surefire Resources’ export plan for Victory Bore ore.
Surefire vanadium project passes key hydro review
Surefire Resources is another step closer to developing its 100 per cent-owned Victory Bore vanadium play into a significant critical minerals project, with the positive completion of a hydrogeological assessment. The company is planning an open-pit mine development at its Victory Bore project, about 400km east of the port of Geraldton, with a proposed 4 million tonnes per annum mine rate, in addition to onsite beneficiation and processing.
Surefire etches path to global high-purity alumina markets
Perth-based Surefire Resources has unlocked the door to the main stage for global battery and LED markets by confirming 99.99 per cent pure alumina in testwork, using waste rock from its 100 per cent-owned Victory Bore vanadium deposit, about 400km east of the Western Australian port of Geraldton The company today revealed it had produced the vital high-purity alumina (HPA) standard known as “4N” – referring to the four nines in the purity percentage measurement.
Surefire eyes high-purity alumina potential in WA
Dual-metals explorer Surefire Resources is positioning closer to having an impact in the world’s burgeoning battery market after stamping a maiden aluminium oxide resource at its Victory Bore project in Western Australia’s Mid West region. The resource – estimated to contain up to 38 million tonnes of aluminium-hosted ore at a grade of 23.3 per cent – will underpin a prefeasibility study for the company’s wholly-owned critical minerals project.
Surefire pencils in November for vanadium project PFS
Surefire Resources is eyeing a November delivery of the prefeasibility study (PFS) for its Victory Bore vanadium play, clearing the way for the next step in commercialising the project’s massive deposit in Western Australia’s Mid West region. Victory Bore’s PFS has previously been flagged for some time between the middle and end of this year. But Surefire has now narrowed its estimated time of arrival.
Surefire Resources stamps out more Murchison gold
Surefire Resources is tallying up the hits from its latest drilling probe at its Yidby project in Western Australia’s Murchison goldfields. Early composite assay results have returned 4m averaging 5.5 grams per tonne gold from 118m, housing a 1m intercept tipping the scales at an impressive 20.81g/t. Other notable hits include 12m coming in at nearly 1g/t from 96m and 44m running at 0.34g/t from 88m.
Surefire banks on METS metrics to enhance vanadium play
Surefire Resources has commissioned METS Engineering to undertake vital metallurgical testwork at its Victory Bore project in Western Australia’s Mid West region to help further its bid to impact Australasia’s emerging vanadium battery sector. Management hopes the move will boost the project’s value by finding a streamlined separation process to extract vanadium from its magnetite hosts.
Surefire clears runway towards mining WA vanadium deposit
Surefire Resources is one step closer to obtaining a mining licence at its Victory Bore vanadium project in WA’s Mid West with a baseline environmental study revealing no early hurdles in the approvals process. The important approvals clearance comes after the company engaged the services of local Onshore Environmental Consultants to conduct a detailed flora and vegetation survey and desktop vertebrate fauna assessment over its tenure in the heart of the Murchison bioregion.
Yidby project emerging as a large gold system for Surefire
Surefire Resources is growing in confidence that a large gold mineralised system is emerging at its wholly-owned Yidby Gold project, after finding sulphide-rich quartz porphyry in all 25 of its most recent RC drillholes. Visible gold was also seen in several locations at the project, 350km north-east of Perth in the Yalgoo-Singleton greenstone belt which hosts the nearby 2.75-million-ounce Mt Gibson gold deposit to the south and the Golden Grove gold-base metals mine to the north.
Surefire buzzing over “unique” aluminium oxide deposit
Surefire Resources hopes what it says is a “unique” high-purity alumina (HPA) deposit will lead to lucrative value-adding rewards from its flagship Victory Bore vanadium project, 400km inland from the WA port city of Geraldton. Early sample results from waste rock surrounding the company’s high-grade vanadium deposit have returned grades of up to 31 per cent aluminium oxide. The grades are comparable to those gleaned from Worsley Alumina’s bauxite operations in the State’s South West.
Surefire fires up rigs to test three Murchison gold prospects
Surefire Resources NL has the drill bit spinning again at its promising Yidby gold project in the Murchison district of WA’s Mid West, targeting extensions to gold mineralised intercepts of discovery holes at the project’s three main prospects. The program will also test structural targets generated from magnetic and gravity data and interpretations Surefire commissioned from CSA Global. In total, it will comprise 24 RC holes to variable depths to 200m for a total of 2800m.
Surefire sees exploration estimate turbocharge WA vanadium project
Minerals explorer Surefire Resources has been buoyed by an impressive independent estimate which has at least doubled the amount of vanadium it has lurking in its wholly owned Victory Bore-Unaly Hill project in WA’s Mid West region. The magnetic modelling suggests a significant upgrade in the high-grade vanadium and critical minerals project which could vault it into “world class” territory.
Surefire gets scientific boost for Victory Bore vanadium
Minerals explorer Surefire Resources NL’s optimism about its massive vanadium resource in WA’s Mid West of WA has been boosted by a detailed petrographic study. Surefire says the study it commissioned has confirmed the company’s Victory Bore magnetite deposit can provide clean vanadium concentrate with relatively low titanium and deleterious elements. Surefire’s Victory Bore and Unaly Hill vanadium projects sit next to each other about 560km north-east of Perth.
Surefire all set for return to Yidby gold drilling
Surefire Resources is eyeing a rapid return to RC drilling at its promising Yidby Road gold prospect in WA with a drill rig locked in to start exploration later this month. A total of 2500m of drilling is currently planned to follow up on its recent discoveries at Marshall and Fender. Drilling will also check additional untested gold anomalies discovered using mobile metal ion-MMI-analysis which is an advanced geochemical technique proven successful in finding undercover mineral deposits.
Surefire hires experienced vanadium executive as Managing Director
Perth-based minerals explorer Surefire Resources has appointed as managing director a highly experienced resources executive with a career in exploration and mining stretching 30 years. Paul Burton is a geologist who holds an MSc in Applied Mineral Exploration from McGill University, Canada. He is also a graduate of the Australian Institute of Company Directors and the Australian Institute of Mining and Metallurgy.
Surefire bolsters vanadium resource after WA probe
Surefire Resources’ Victory Bore deposit in WA’s Mid West, is looking like the gift that keeps on giving after a program of 62 RC holes for 5189m delivered a 56 per increase to the operation’s already hefty vanadium resource. The asset now tips the skills at 235 million tonnes at 0.39 per cent vanadium pentoxide and sets the company up for an exciting 2023 which management has hailed as a critical year for the sector.
Surefire adds rare earths and kaolin to iron project
Surefire Resources has confirmed the presence of rare earths and kaolin at its Perenjori iron ore project following positive results from a reconnaissance rock chip campaign near recently discovered pegmatites. The anomalous rare earths mineralisation occurs close to the eastern boundary of the tenement hosting the Perenjori iron deposit prompting the explorer to apply for an additional exploration licence contiguous with the site to the east.
Victory Bore delivers more WA vanadium for Surefire
The final tranche of assay results from a recently completed RC drilling campaign at Surefire Resources’ Victory Bore project in WA’s Mid-West region have dropped through the company’s letter box, confirming even more, massive mineralised widths of vanadium pentoxide to add to what is already an enormous resource. Main Lode and Central Lode remain the two main vanadium lodes at Victory Bore and their pre-eminence now seems to be borne out in the third and final tranche of assays.
Fresh assays boost Surefire vanadium resource
New assays from RC drilling at Surefire Resources' Victory Bore deposit in WA’s Mid West have delivered extensive vanadium mineralisation the company says could elevant the deposit to rate amongst the best vanadium deposits in the country. The work follows the discovery of three parallel mineralised lodes including broad intercepts of up to 56m at 0.48 per cent vanadium oxide with Surefire looking to build on the sites already monstrous 151 million tonne resource.
Surefire lands wide vanadium hits at 151Mt deposit
RC drilling at Surefire Resources' Victory Bore deposit in WA’s Mid West region has returned a flock of broad vanadium intercepts with widths of up to 92m at 0.41 per cent vanadium pentoxide. The company says the probe has led to the discovery of three parallel mineralised lodes which it believes could bolster its already massive 151 million tonnes mineral resource once additional drilling and modelling is complete.
Surefire scores top marks in metallurgical gold test
Surefire Resources has achieved excellent gold recoveries of between 97.6 per cent and 99.5 per cent from gravity and cyanide leach tests on samples from the company’s Yidby gold project in the Murchison district of WA’s Mid West. The metallurgical test work was designed to provide greater insights into Surefire’s potential overall gold recovery and processing options for the project.
Surefire uses diamond drill bit to probe expanding gold system
As the price of gold continues to recover lost territory, Surefire Resources has wrapped up a five-hole diamond drilling program at the company’s Yidby gold project in the Murchison district of WA’s Mid West. The campaign was designed to reveal structural and lithological information as the explorer looks to home in on the project’s broad gold mineralisation and localised high grades. The drill core has been transported to a laboratory in WA and is currently under the geological microscope.
Surefire drilling firms up monster WA vanadium resource
Surefire Resources has completed a little over 5km of infill drilling at its Victory Bore project with all the early signs suggesting the company could be set to add to what is already a monster vanadium resource in WA’s Mid West region. The RC infill drilling covering 1.4km of strike was designed to upgrade confidence in the resource and provide samples for metallurgical test work to feed into the company’s ongoing pre-feasibility study.
Drill campaign lights up two Mid West gold targets for Surefire
Surefire Resources has uncovered two new potential gold targets to the west of its Yidby gold deposit in the Mid West region of WA after receiving results from the company’s latest RC drilling campaign. The new Marshall prospect is a gold mineralised zone about 150m to the west of the Yidby deposit whilst the Fender target features wide gold mineralisation about 400m north-west of Yidby. Surefire Resources has identified two new gold targets at its Yidby project in the Mid West.
Rock chips light up WA lead-silver project for Surefire
ASX-listed mineral explorer Surefire Resources has tabled a clutch of high-grade, heavy metal hits following a reconnaissance rock chip sampling and mapping exercise at its Kooline lead-silver project, about 200km from Paraburdoo in WA. The bumper results include 16.2 and 14.2 per cent lead with traces of anomalous silver running 41 and 55 grams per tonne. Surefire Resources has bagged up a suite of high-grade lead results following a rock chip sampling exercise in WA.
Surefire selects geologist, minerals economist as CEO
WA-based explorer Surefire Resources has appointed geologist and mineral economist Cain Fogarty as CEO. The company says Fogarty brings to the role a varied skill set accumulated over a career spanning more than two decades in the mining industry across Australia, Asia and Africa, including exploration, resource growth, feasibility studies and executive management. Surefire Resources’ new CEO, Cain Fogarty, has a wealth of experience in the mining industry in Australia and abroad.
Surefire goes after vanadium resource boost
Aiming to kick its vanadium resource into production, Surefire Resources has completed a bout of infill RC and diamond drilling at the company’s 100 per cent owned Victory Bore vanadium deposit in WA’s Mid West region 50km south of Sandstone. The drilling program comprised 62 RC holes for 5188m and two diamond drill holes for 292m. Outcropping vanadium mineralisation at Surefire Resources Victory Bore/Unaly Hill Vanadium project in WA.
Surefire extends gold footprint with promising assays
Surefire Resources has received assays for two more RC holes at the company’s Yidby gold project in the Murchison district of WA’s Mid West region. The 4m assays have revealed a high tenor of gold grades with one 4m-sample going as high as 10.4 grams per tonne gold from 72m downhole. The company recently completed a drilling campaign of 23 RC holes for 2754m, primarily aimed at testing mobile metal ion anomalies. So far it has only looked over expedited assay results, with more to come.
Surefire wheels in more drill rigs across Mid West projects
Surefire Resources is keen to keep its drill bits spinning as it looks to bring in more rigs across the company’s gold, iron ore and vanadium projects in Western Australia. Having just wrapped up a round of RC drilling and a diamond hole at its gold and vanadium projects, Surefire is now lining up a rig for its iron ore venture it hails as the highest-grade magnetite resource in WA’s Mid West region.
Surefire spreads gold footprint at Yidby Road
Drilling at Surefire’s Yidby Road gold project in promising gold country in WA’s Mid West. Credit: File Perth-based Surefire Resources NL has tabled encouraging geochemical anomalies from its recent drilling at the Yidby Road gold project in WA’s Mid West, adding they represent a potential new gold discovery that could significantly expand the project’s footprint. The anomalies were found in the discovery zone, up to 400m to the west of Surefire’s existing gold deposit at Yidby Road.
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