Business

Sante Fe to resume Sully Project drilling

CAROLYN GRANT

Santa Fe Minerals announced late last week that drilling will recommence on the Sully Project.

Last month, the company said they had halted drilling on the Sully Project, near Fort Steele, 30 km east of the Sullivan Mine orebody, to complete documentation and refine interpretation of all new geological information.

The drill program was seeking a large scale East gravity mass. 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 Cranbrook-based 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 Highway 3 near Creston), the Canyon area (two and a half kilometres north of Highway 3 near Creston), and the Golden Cap area, 13 kilometres north of Highway 3.

The former two areas are believed to contain Sullivan-type SEDEX targets and the latter is an iron oxide, copper, gold target.

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