ENR 2.20% 46.5¢ encounter resources limited

Ann: Mineralised carbonatites intersected over 3.5km -West Arunta, page-161

  1. 3,119 Posts.
    lightbulb Created with Sketch. 8587
    Good pick up @Wack

    Updated regional tenements with these and to the north. Also geology doesn't stop at state lines so added NT tenements (slightly different system to WA so may have missed some - all shown in NT are classed as applications with much of the area pegged by consulting type outfits)https://hotcopper.com.au/data/attachments/5395/5395363-105150d42dd4398ba7cadd578e5df0ac.jpg

    Why did ENR peg these four claims?
    Magnetics are not prominent - RTP? Geoview.
    https://hotcopper.com.au/data/attachments/5395/5395368-c964818f8fc4c160c5026183a1ff1eae.jpg

    Processed magnetics show more detail with the first vertical derivative.

    https://hotcopper.com.au/data/attachments/5395/5395370-a24952647e7456fafc17f3a3d3355103.jpg

    Is P2 also along the Elephant Island fault?
    Parallel fault structure to north? mostly WA1 application area.
    Both magnetic images suggest, to me, the cover is much deeper to the north (and south of the original ENR tenements; also becomes deeper in the far east?)

    Gravity
    https://hotcopper.com.au/data/attachments/5395/5395379-b9c0dd688f29b4c1e404b07a50cc8239.jpg

    Geoview regional gravity gives a very different image to the magnetics though some structures are probably common to both. The 1VD magnetics also reflect the northerly trend seen between 5936 and 5937.
    Major crustal feature sub parallel to Elephant I fault? Of interest for 5934,6 perhaps but less so to the west (35, 7)

    Geology
    https://hotcopper.com.au/data/attachments/5395/5395389-4f376991383ea719fa44a34dec095ace.jpg

    Immediately north of the prominent magnetic ridge there is probably a down faulted zone (mainly WA1 applications). North of this and partially covered by ENR claims is a sequence of northerly striking units with local folding. Outcrop exposure is fairly good judging from government mapping.
    ============
    Now for something esoteric - Gravity worms from NT and WA survey processing.


    https://hotcopper.com.au/data/attachments/5395/5395405-3d14e9c180a1cf14d01c6a5fe4cbf66a.jpg

    Not certain what the worms represent. Probably deep seated structures. Any geophysicist?


    Last edited by salpetie: 02/07/23
 
watchlist Created with Sketch. Add ENR (ASX) to my watchlist
(20min delay)
Last
46.5¢
Change
0.010(2.20%)
Mkt cap ! $210.1M
Open High Low Value Volume
45.5¢ 47.5¢ 44.5¢ $119.5K 263.0K

Buyers (Bids)

No. Vol. Price($)
1 240 44.5¢
 

Sellers (Offers)

Price($) Vol. No.
47.0¢ 30000 2
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
ENR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.