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Ann: Trading Halt-MOD.AX, page-33

  1. 316 Posts.
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    Can't wait for them to stick some drills into the T3 "East" and "Wast" soil anomalies that stretch 12km along the T3 dome. MOD has previously said that the mineralised sequence was within a shallow regional thrust onto the T3 dome. Today's announcement that the deposit can best be described as a sheeted vein deposit with multiple, stacked mineralised horizons I find very interesting, and might suggest that the thrust has created a long-lived fracture system within the reduced siltstone formation that provides ideal conditions for multiple waves of hydrothermal mineralisation. If that's the case, then the potential for further discoveries of the same type elsewhere along the T3 dome, associated with the same regional thrust, must be very good. I'm looking at you T3 East/West.

    As to where the copper/high Moly is coming from, the deep IP target should give us a good idea. Around Boseto the copper is sourced from the much older Kgwebe volcanics, but that basement rock is thinner in the central Kalahari, and Cupric hasn't reported the high Moly values seen at T3. The copper is obviously being mobilised from somewhere and there is a lot of it. Just speculating but perhaps there really is an older porphyry deposit deeper down. Might explain why JH is excited to drill what he refers to as the 'duck'.
    Last edited by freeheel: 26/09/16
 
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