Santa Fe Minerals announced late last week that drilling will recommence on the Sully Project.
Last month, Santa Fe announced that they had halted drilling on the Sully Project, near Fort Steele and 30 km east of the Sullivan Mine orebody.
Santa Fe decided to suspend drilling, complete documentation and refine interpretation of all new geological information.
The drill program was seeking a large scale East gravity mass and company president Scott Broughton said in June that it was unlikely the current drill hole’s trajectory would encounter the mass.
Sully hosts twin, large-scale, parallel geophysical targets that do not outcrop on surface, according to Broughton.
“Both targets are made compelling by coincident parallel magnetic anomalies, and the East Target is now known to coincide with equivalent Sullivan Time stratigraphy.”
“The ‘blind’ targets are well defined by detailed gravity surveys completed over much of the property and recent drilling is estimated to have come within 100 metres of the East Target.”
Santa Fe is also an option partner with Eagle Plains on the Iron Range project near Creston. 2014 exploration plans for have been announced on the CAR area, seven and a half kilometres south of Hw 3 near Creston, the Canyon area two and a half kilometres north of Hwy 3 near Creston, and the Golden Cap area, 13 kilometres north of Hwy 3.
The former two areas are believed to contain Sullivan-type SEDEX targets and the latter is an iron oxide, copper, gold target.
“Management is excited about the Iron Range project’s potential to host Sullivan-type massive sulphides, IOCG mineralization and bonanza‐grade gold, and is committed to advancing exploration at both the Iron Range and Sully,” said “The Iron Range project demonstrably expands on the discovery potential for SFM in this prolific base and precious metal region of British Columbia.”