VMS 0.00% 1.8¢ venture minerals limited

Ann: Placement and Share Purchase Plan to advance Mt Lindsay, page-157

  1. 1,522 Posts.
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    It is an interesting information and it means that CHN think our Thor is prospective for the same style minerals complex that they have already as:
    Mineral deposits hosted in orthomagmatic mafic-ultramafic rocks are associated with mantle-derived magmas that have undergone a high degree of partial melting. They have been identified in various tectonic settings including continental rifts, continental rifted margins, continental large igneous provinces, mid-ocean ridges and mid-continent anorogenic provinces. The mineral system can form Ni-Cu, Ni-Cu-Co and Ni-Cu-PGE sulfide deposits, as well as chromitite and Fe-Ti-V oxide deposits found in association with magnetite
    Also they took every tenement around but not KULIN as this is also as exciting and unexplored as the whole province they are excited about:

    “It’s the rarity of a tier 1 scale discovery, in a poorly explored province, in the tier 1 jurisdiction of WA,” Dorsch says.

    “We have years of exploration drilling ahead of us to fully understand the scale of the Julimar district, and the wider West Yilgarn.

    “How many discoveries will we end up making?

    “It’s why I think Chalice is such a unique investment — we control of what is clearly the most exciting mineral province anywhere on the planet.”
    GLTArealH

 
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