SFR 0.59% $10.27 sandfire resources limited

News: SFR Sandfire Resources Posts Qtrly Production Figures & FY19 Guidance, page-21

  1. 450 Posts.
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    "So, how mashed is the ground?"

    If you look at the core photos Shady, you'll see that it's very well bedded siltstone/greywack with a little bit of movement around the altered zone , and the second tray is hematite rich, but still well preserved bedding, noting complex at all. The issue is that the sediments aren't the target, this won't be a SEDEX deposit, it's hydrothermal, the mineralisation is structurally controlled and will deposit where the chemistry is right, just like a gold deposit, only more interesting as you can use the copper sulphide mineraology to know where you are in the system, Nick Franey will know this stuff like the back of his hand, he's dealt with exactly this type of deposit from his time with Anvil at Kinsevere and Discovery Metals in Botswana. But I would guess that he has little or no input with SFR, those guys suffer from an overdose of FIGJAM

    Tubber
 
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