Surefire Resources Advances Gold and Copper Projects with Drilling and Geophysical Surveys in June Quarter

Surefire Resources NL (ASX:SRN) has reported significant advancements in its gold and copper exploration projects during the June 2025 quarter. Notable activities include completing reverse circulation (RC) drilling at the Yidby Gold Project, where 31 holes totaling nearly 4,000 meters targeted key prospects such as Fender, Marshall, and the Money Anomaly, located 1.5 kilometers south of Yidby. Initial assay results are expected in August, with the aim of integrating these findings into a comprehensive mineralization model for future development. Metallurgical testing at Yidby has demonstrated high gold recovery rates, with cyanide leaching achieving up to 99.5% recovery, indicating promising extraction prospects. Concurrently, exploration at the Copper Hill Prospect involved a moving loop electromagnetic (MLEM) survey to identify potential VMS-style copper sulphide mineralization. Petrographic analysis confirmed the presence of chalcopyrite and associated trace elements, supporting the potential for VMS deposits. Financially, the company announced a non-renounceable rights issue to raise approximately AUD 3.88 million to fund ongoing exploration activities. As of June 30, 2025, ...