C7A 9.09% 1.2¢ clara resources australia ltd

Ann: Development and Exploration Update, page-254

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    Holy sheet read this and then read the ann,

    Geopacific’s Hunt for PorphyriesThis “hunt” started in the second half of 2010 with flying ZTEM airborne electromagnetic surveys over Geopacific’s tenements and other prospective unclaimed areas in Fiji.  ZTEM had proved itself in being able to identify alteration associated with deeply buried copper porphyries in North America a few years prior to Geopacific using it in Fiji.Significant ZTEM anomalies were found to exist at Sabeto, Vuda, Nabila and a new area on the island of Vanua Levu at Cakaudrove, over which a prospecting license was applied for and subsequently granted.  Mira Geosciences of Canada revised the ZTEM data by creating state-of the art 3D inversion models over these four areas.“Ground-proofing” or validating the ZTEM anomalies at Sabeto and Vuda occurred in the second half of 2011 and provided us with encouragement that porphyries may well exist to depths of 500m to 1000m. Examples of this “ground-proofing” that were found are:-• distal gold mineralisation that likely developed from breccia pipes or small shear/fracture zones emanating from the porphyry,• copper mineralisation over some of the areas and• alteration mineral assemblages normally associated with the outer shells of porphyry systems.


    The ann says,

    The hole ended in an intrusive assimilation zone containing disseminated sulphide mineralisation interpreted to lie above the Black Snake porphyry.

    Aus Tin Mining is exploring a model dictating the deposition of nickel and copper sulphides in and around the contact of the Black Snake Porphyry

    The extensive oxide nickel copper and cobalt mineralisation and anomalism around the northern half of the Black Snake Porphyry and the coincidence with strong modelled magnetic bodies forms the basis for the Company’s prognosis of the potential for extensive contact related copper nickel cobalt mineralisation in the area.

    So is the potential that below 425m there is a massive copper, nickel, cobalt sulphide porphyry....first thing that comes to mind is solgold...we are still just poking around the potential massive NiCuCo porphyry at depth imo.


 
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