I am interested in knowing what SFR exploration did and also...

I am interested in knowing what SFR exploration did and also what it did find/did not find in the area to the east/north east of this new site.

I know that it has been poking around its Homestead project for a couple of years now with mainly just a promising sniff to keep them interested. However, I have, for the purpose of this post, just gone back to 1 Oct last year, looking at the Dec 17 and Mar 18 Q reports. I have put a circle where I think that yesterday's discovery is located.

Dec 17 QR - 100% SFR

"RC and Diamond drilling continued at the Doolgunna Project during the December Quarter.

Within the Homestead Prospect (along-strike from Vulcan West), RC drilling targeted prospective sediment horizons, as well as a geophysical anomaly derived from the integration of multiple newly acquired and historic datasets.

Two diamond drill holes were also completed within the Homestead Prospect. Both of these were designed to test prospective sediment horizons. These are part of a program of diamond holes to be drilled initially at an 800m spacing to inform geological interpretation and to provide a platform for DHEM surveying. Subject to results, in-fill drilling may occur on 400m centres.

As with the holes at Vulcan West, drilling intersected intervals of magnetite and haematite-rich sediments with disseminated pyrite and jasper. A DHEM survey was completed on one of the two diamond holes with no significant anomalies identified.  Geological interpretation through the area is currently ongoing."



March 18 QR - 100% SFR

"Diamond holes were completed to test the prospective stratigraphy through the Homestead and Vulcan West prospect areas and test down-dip of copper anomalism in DGAC475, approximately 2km west of DeGrussa.  

Geological interpretation through the area is currently ongoing."


Mar 18 Q - SFR/ENT

"Two diamond drill holes were completed and another was ongoing at Quarter-end to test the prospective stratigraphy along the Homestead and Vulcan West trend. An aggregate of 2,559m were drilled in the period, with no significant mineralisation observed."


I think that the facts speak for themselves, but I welcome all comments.