Business
Starfire announces preliminary results from second set of assays on six drill holes Capri-I uranium property Grand Remous, Quebec
Starfire announces preliminary results from second set of assays on six drill holes Capri-I uranium property Grand Remous, Quebec.
About this update from Sandfire Resources America Inc.
[{"type":"text","content":"\n\n\n\n\nSFR: TSX-V\n\nVANCOUVER, Sept. 13 /CNW/ - Starfire Minerals Inc. (SFR:TSX-V) announces\nthe receipt of a second certificate of assay results for eight drill holes\nfrom the Capri I grid. Analyses were conducted by SGS Lakefield Research\nLimited in Lakefield, Ontario an ISO/IEC 17025 laboratory. All samples are\nfrom NQ sized drill core. Assay results from an additional nine drill holes\nare pending.\nThe Company acquired four scintillometers and one spectrometer for the\npurpose of on-site determination of the most appropriate drill core sample\nintervals to submit for chemical analysis. Both instruments are exploration\ntools that can measure gamma ray emissions in counts per second (CPS) and are\nused to conduct a precursory evaluation of drill core's radioactivity as it is\nextracted. These instruments were found to be somewhat consistent when\nmeasuring radioactivity of bedrock but were found to be inconsistent when\nmeasuring radioactivity of smaller mass drill core samples. Samples returning\n5 times the background radioactivity varied in assay results from 86g/t to\n1050g/t. A review of the geological logs and assay results suggests additional\ncore sampling is required. The infill sampling will use both geological units\nand radiometric readings (CPS) as sample interval criteria.\nThe Company will be conducting infill samples for the first 12 holes on\nthe project and will be assaying the last 9 drill holes during the forthcoming\nweeks. The results of the chemical analyses will be disclosed as they become\navailable to the company.\nResults from the drill program completed so far appear to confirm the\nprevious work done by McCannel (1970) concluding that the pegmatitic bodies\nand encompassing diopsidite areoles are both mineralized with uranium. The\nwidths and grades will be determined following the return of the infill\nsampling assays.\nChemical assays have determined the results shown in Table 1 are better\nthan field sampling had suggested. Therefore upon completion of the remaining\nassays the Company will review both the drill spacing and the infill assay\nresults and prepare a resource calculation. Assay results from all the samples\nsubmitted from eight drill holes are shown in Table 1 with Uranium amounts\nexpressed in grams per tonne. The drill assays are from Zone 2 (Ramy) and from\nZone 4 (Main...