article in todays west australian, page-2

Barrabob posted this on the THX thread...


Whole page in West Australian today:With map.
Jenkin to blame for mad race to unearth another DeGrussa.

Its WA best cu discovery and has sparked hope among geos and investors alike that this patch of land north of Meeka could become the Mt Isa of the West.
The hunt is on to proof SFR's Degrussa cu-au find is not a one-off but a first of a series of spectacular finds along the jenkins fault that traverses the area.
K harmanis is hoping his TLM can discover an orebody like Degrussa; as does M Kennedy,once part of SFR and now trying to replicate the success with Res n Inv.
THX 's P Crabb can almost touch it while ex-Health boss N fong,chm of Chrysalis, is also in the hunt.
SFRs neighbors include aly,ent,Ent.Metal,Lodestone,while GWExpl joins Sipa and Chrysalis as nearby residents.
Drilling of SFR Degrussa orebody has unearthed 533000t of contained copper metal,559000 ozs of au and 4.3m ozs of silver.
More is expected as drilling continues,good news for investors who have watched SFRs shares soar from 11c in the pre degrussa days just over a year ago to $5.09 yesterday.
Sfr has 5 rigs and 80 workers on site at Doolgunna. Mine development plans for Degrussa are under way while a drilling programme worth up to $30m is designed to increase the metal inventory.
Simich is not the only one peppering the==Doolgunna with holes. THX stunned investors when it said last weekits tiny tenement,an island within SFR landbank,had struck copper grades of up to 28% from maiden drilling at its red bore prospect(The islnd tenement was owned by prospector B Richmond who,as the industry chatter goes,refused to deal with SFR.
Red Bore is only 500m from Degrussa but the drilling results are the first set outside of SFR to confirm the Doolgunna area's prospectivity. And it furthur encouraged other Doolgunna tenants.
Talisman,adj to sfr and sipa plan to have drill rigs on the ground this month to test their own theories on likely locations of more high grade deposits.
"this Degrussa is certainly the best copper discovery ever in WA,says sipa md Doepel. Sipa picked up its tenements in 2004,long b4 sfr even had a whiff of degrussa,and has now prioritised expl bcos of its neighbor's success.
There's more cu at telfar and boddington but its a beautiful high grade polymetallic deposit and I suspect that(SFR) are going to find more,Doepel says.
Sipa is planning a 30000 m drilling campaign,with focus on Johnson Cairn prospect...results could out next month...etc