Mineweb post extract,re Sandfire Neighbour. Feb 10."The latest...

Mineweb post extract,re Sandfire Neighbour. Feb 10.
"The latest results will also provide fresh adrenalin for several explorers who hold ground at or near Doolgunna, which until this discovery was an old gold mining camp of little consequence.
The assays released today included a series of new holes into Conductor 1 and the Degrussa lens at Doolgunna.
Better assays from Conductor 1 included 6.8 metres grading 14.8% copper and 1.7 grams/tonne gold; 31.4m @ 4.6% Cu and 2.1 g/t Au; 25.9m @ 4.7% Cu and 2.2 g/t Au, 21.9m @ 6.3% Cu and 0.9 g/t Au and a hole with 20m @ 4.8% Cu and 0.8 g/t Au followed by 14.9m @ 4.7% Cu and 1.9 g/t Au.
A high grade intercept from DeGrussa was 2.1m @ 17.8% Cu and 7.5 g/t gold."
ALY Slightly less shares (inc Op) on issue than Sandfire but a nice blend of current resource Au and potential Co maker sites on the front burner right now. Sandfire have concentrated on mainly Degrussa, Cond 1 over the last 12 mths which shows what a handful they have. Promising to note ALY will drill each of the Conductors (13), but if anything shows up %, that drilling timeline will be very long indeed.Interesting to see if they focus on early finds/promise or keep jumping from lense to lense.I believe they will have three rigs in region. Special moment for the Co & others who will all have drills in the ground very soon.. MD, Sandfire was quoted, "Simich said the company would increase exploration for additional VMS deposits near Conductor 1 and DeGrussa, including the Conductor 4 deposit picked up late last year.
The company believes, like the Canadian VMS mining models, that there is potential to discover multiple deposits on the exploration licences." Other potential players apart from land holders include OZ min.