gold discovery on new prospect , page-4

Nectar38
Mate (to use the colloquial expression)
I am accustomed to have been traipsing around the Yilgarn in WA for the last 30 years and am by now accustomed to grade numbers like 1.5-1.9 g/t.
3-4 g/t is regarded by some as “really good” in WA for an open cut.
In WA this is often in fine gold in laterite or hard rock and there is not so much free gold.
I keep looking at the drill results at Mt Kare and confess to have become mildly numbed by the grade numbers, shallow depth, and intervals of some of these Bonanza zones, all double checked and drilled in many cases.
What it indicates is that some VERY serious hydrothermal activity (sufficient to force the metal bearing fluids to the surface along fault zones, then to spill out through the WRZ zone, then some more sufficient to lay out over a million ozAu of nuggets in the top 30-50 cm on deck .
This never happened at Porgera.
My feeling about Mt Kare is that it has the potential to be as big, or bigger than Porgera but in reality they really are (almost) part of the same system way down below, say 7-10 Kilometers.
Porgera is what it is because it’s had almost 40 years of exploration, drilling and mining but for a long time it was just a little alluvial gold field in the mountains.
Kare’s surface expression is giant compared to that of Porgera in the early days.
Kare has in fact had very little exploration until the 90’s.
If we look at the comparative zones and models of (respectively) Kare and Porgera the first and most obvious conclusion to reach is that they are fundamentally, the same age, style and in the same setting.
Where they differ is the degree to which the respectively intrude through the Mendi Group/Ieru Formation.
Clearly the Kare mineralization was not allowed the same degree of latitude by mummy nature as Porgera in its emergence to surface
……………….ok, I digressed.
The mineralization at Kare has a lot of very high grade free gold in it near surface and as such first will, in all probability be first fed through from the crusher/mill into a gravity separation plant.
I understand this is what is initially proposed in terms of commencement of mining.
Once this material has been through the GS process I would expect it will be stock piled and, later, sent through a conventional floatation/CIP system, the latter infrastructure to be constructed later.
Mining could commence with minimal capital expenditure, perhaps in the initial stages at a rate of 30-40K ozAu in the first 6-9 months.
This would be a big bigger kicker to the early economics of the projected ensuring accelerated startup and lower debt carried through the first year.
Did they get all the gold out of the nugget field over 1998 onward in the gold rush?
Crude estimates put to me by long term geologist in PNG estimate that there are STILL probably another 1,000,000 ozAu around the surface of WRZ @ Kare in the top 3- 4 meters of ground, and in crystalline gold sitting at lower levels in strata/sheet formation over the black clays.