Don’t own here anymore but this is exploration drilling and not resource drilling.
They think ( and seems it is) into the right alteration and mineral assemblages as found at the Olympic Dam complex so thats something to track.
PorterGeobase describes ODBC is result of large upwellings of alteration fluids which have a NW/SE alignment and down to 1400m. Guess CHK are hoping that this mineralisation they’re finding will have an uptrend and a trap component ( brecciations?).
In OD the mineralisation flattens out so guess that’s the key.You don’t find unless you look.
http://www.portergeo.com.au/database/mineinfo.asp?mineid=mn001
Ann: Up to 10.85% Copper plus Gold intersected at Horse Well, page-63
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