Surefire Resources NL (ASX: SRN): New High-Grade Gold Discovery Expands Yidby Corridor

Surefire Resources has identified a new gold mineralised zone at the Loot Prospect within its 100%-owned Yidby Gold Project, extending the exploration footprint and opening a potential 2km gold corridor in Western Australia’s Murchison region.

Surface rock samples confirmed high-grade gold mineralisation within Albitite host rocks, adding a new geological target style to the growing Yidby system.

🔎 Key Highlights

• Surface samples returned up to 12.04 g/t Au
• Additional results of 3.66 g/t Au and 1.70 g/t Au confirm mineralisation
• Loot Prospect located 1.5km north of Yidby deposit
• Positioned 500m south of Cashens Find historic gold workings
• Two confirmed Albitite-hosted gold occurrences suggest a 2km mineralised corridor
• Discovery validates historical WMC exploration identifying gold-bearing float
• Adds new drill targets to the ongoing 10,000m RC drilling program

The Albitite-hosted gold style is well recognised across the Yilgarn Craton, supporting the geological potential for further discoveries across the Yidby tenure.

🗣️ Strategic Context

The discovery builds on strong drilling results from Yidby, including broad intercepts such as 60m @ 0.99 g/t Au, highlighting the scale potential of the system and reinforcing the project’s near-surface development opportunity.

📍 Next Steps

Surefire is advancing:

• Ongoing 10,000m RC drilling program across Yidby
• Drill testing of the new Albitite corridor at Loot Prospect
• Extension drilling at Cashens Find and Yidby mineralised zones
• Continued targeting across Copper Hill geophysical anomalies

📊 Market Snapshot Share Price: $0.0015 Market Cap: $8.05M

📈 Investor Outlook

With high-grade surface results, expanding mineralised corridors and active drilling underway, Yidby continues to demonstrate exploration upside across multiple gold targets within a proven Western Australian mining district.

🔗 Read more: https://colitco.com/surefire-resources-discovers-new-high-grade-gold-zone-at-yidbys-loot-prospect/

⚠️ Disclaimer: This is not an investment advise, please do your own research for any investment decisions.

SurefireResources #SRN #Gold #GoldExploration #ASXStocks #MiningExploration #Yilgarn #WesternAustralia #ResourceGrowth #MiningNews #Commodities #InvestorOutlook #MiningStocks