Surefire Resources NL (ASX:SRN) (FRA:GBL) has been granted a trading halt pending an announcement in relation to an update on results from drilling operations at Yidby Road Gold Prospect.
The halt will remain in place until the start of normal trading on Wednesday, June 2, 2021, or when an announcement is released to the market.
Surefire's shares were as much as 17% higher to 2.7 cents this morning before the halt was granted.
Yidby Gold Project
The company recently released results from the first five of 18 holes completed in the current phase of drilling at Yidby.
These include:
- 32 metres at 3.68 g/t from 150 metres, including 3 metres at 26.47 g/t from 150 metres and 5 metres at 6.27 g/t from 177 metres;
- 83 metres at 0.64 g/t from 112 metres, including 14 metres at 2.09 g/t from 112 metres, 4 metres at 6.31 g/t from 112 metres and 3 metres at 4.15 g/t from 163 metres;
- 19 metres at 1.28 g/t from 84 metres, including 2 metres at 7.29 g/t from 84 metres and 2 metres at 4.14 g/t from 101 metres; and
- 16 metres at 0.88 g/t from 18 metres, including 9 metres at 1.44 g/t from 20 metres, including 3 metres at 3.25 g/t from 22 metres.