HMX - CNB nearology play?, page-111

eastwest101@Dragone64Post #:58896153 I just posted a marked up plan and some discussion on Revenue on the CNB thread. The old Revenue mine runs from HMX ground in the southwest through CNB ground and into HMX again to the north. The plan below shows the copper and gold anomalies over the area. Perhaps the mixed ownership has prevented either from doing much work there. Being on a major NE fault zone it certainly looks very interesting with large copper/gold anomalies. The northern Revenue zone in the HMX ground appears to be on a N-S fault coming off the NE major shear zone in a similar orientation to the way Duchess (N-S) comes off the NE major shear zone there.

The Pelican prospect is on HMX ground.

I really like the Lady Rose Extended/ Jola Rose area of the Neptune project as having the possibility of having high grade shoots similar to Nil Desperandum. The orientations are similar and the broad intersection with high grade zones is a similar tenor to the Nil Desperandum drilling before the last drill hole hit the copper sulphide lode reflecting IP4 anomaly. 100m at 0.48% Cu and 0.18g/t Au from 173m (HMLRRC002) including 3m at 2.23% Cu and 0.2g/t Au from 185m; 3m at 3.09% Cu and 1.4g/t Au from 198m; and 5m at 2.21% Cu and 0.37g/t Au from 234m. The sooner we can get the IP team to survey this area the better. Previous explorers, including HMX in its recent drilling, have been looking for a NE-SW trending shear hosted linear ore body. Perhaps when they start thinking about SW plunging pipe like ore bodies we might avoid walking away in the same manner that previous explorers here and at CNB's Nil Desperandum have done.

Neptune/LadyRose drill results -

Drill hole	Hanging wall zone	Copper	Gold	Footwall zone	Copper	Gold	Alternative intersection with grade spread including lower grade halo	Copper	Gold
Lady Kate (700m to northeast of the Lady Rose)
MSP1							16m	0.76%	0.12 g/t
Channel sample 1	Sample perpendicular to strike in old open pit						20m	1.3%	0.3g/t
Channel sample 2	Sample perpendicular to strike in another old open pit						8m	1.7%	0.3g/t
LKTPDM001							15m	2.0%	0.34 g/t
LKTPDM002							18m	1.03%	0.1 g/t
Placer drill hole (400m northeast of Lady Rose along strike towards Lady Kate)
Placer							16m	0.8%	0.1+g/t
Lady Rose (includes Lady Rose and Lady Rose Extended) holes listed from northeast to southwest
HMLRRC003	2m	1.92%	0.42 g/t	4m	0.75%	0.14 g/t	66m	0.32%	0.07 g/t
LKTPDM005 Surface oxide zone 16m @ 0.51%, 0.04g/t	16m	0.27%	0.07 g/t	28m Incl. 6m@ 1.5%, 0.28 g/t	0.7%	0.14 g/t	56m	0.44%	0.1g/t
HMLRRC001*	*Drilled too far northwest and missed mineralised zone completely!! 2m @ 0.58% Cu, 0.27 g/t Au
LKTPDM006	16m	0.33%	0.15 g/t	4m	1.9%	0.14 g/t
HMLRRC002	57m	0.35%	0.11 g/t	43m	0.65%	0.27 g/t	100m Incl. 5m@ 2.21%, 0.37 g/t	0.48%	0.18 g/t

Lets compare plan views of Neptune and Nil Desperandum.





The old reports give a map of the Neptune area and show the unconformable contact between the Argylla Formation and the Corella Formation above. Perhaps this contact zone has formed a preferential pathway for mineralising fluids?



Hammer has many old mines and prospects that could easily be the equivalent of Nil Desperandum. I think the Trafalgar trend is looking more like the Starra trend and line of lodes. Most likely a number of discrete ore bodies in the trend. HMX's Scalper prospect is close to Nil Desperandum and there has been one RC hole with the result of [email protected]% Cu and 0.27g/t Au (HSRC001). There is a large area of alteration and breccia zone with old copper workings. Perhaps this one could be given some further drilling and even IP?

Never forget that HMX has 400,000t of Cu equivalent JORC resources already in it's ground.