Was trying to search some info on this copper flow business last night and came across ``The discovery of the PH copper gold deposit, S.A.`` by MNR`s geologists
http://www.minotaurresources.com.au/Paper1103.pdf
Interesting reading!!!!! I feel all Tas followers should read this article.
In drilling URAN1: After the cover sequence, THE ROCK TYPE WAS CLEARLY HEMATITIC. AT THIS TIME IT WAS NOT APPARENT THAT THE FIST 20M OF SAMPLE WAS RUNNING 3GMS/T GOLD: A GRANULAR EARTHY HEMATITE STAIN MASKED THE ORIGINAL LITHOLOGY. p5...any similarity to the first 29m hematite zone at MS1?
The MATRIX TYPE IS CRUCIAL IN RELATION TO COPPER GRADES, BEING HIGHER IN IN DARK-GREY TO JET-BLACK CRYSTALLINE HEMATITE BRECCIAS AND LOWER IN REDDISH-BROWN GRANULAR EARTHY HEMATITE VARIETIES (p9).... note how more grey 706m is cc 701m at MS1!!!
ThE Resistivity graph for URAN1 (p8) is also interesting and its worth looking at it with MS1 , AMT Line 1 Resistivity released on 25/11. Interesting points:
-108m cover (558m cover for MS1)
-108m-128m-initial hematite zone containing gold masked by earthy hematite. (?is 558m-587m at MS1 similar?)
-128m-200m...unmineralised..(557m-689m at MS1)
-200m-307m...mineralised zone WITH HIGHEST COPPER IN THE LAST 35m OF THIS ZONE!!!(CHALCOCITE ZONE)
-307-429...unmineralised
429-581..COPPER ZONE OF LESSER GRADE THAN ABOVE (CHALCOPYRITE)
Note how the resistivity matched the copper zones and compare it to MS1!!
CONCLUSIONS::MS1 COULD BE SIMILAR TO MNR`s URAN1 except 450m deeper. The details we have been given so far match both PH and OD except for the mineralisation. I reckon that MS1`s AMT Line 1 chart shows they`re in the right place.. even if it is on the edge of the anomaly. MNR`s prise went from 12c to 16c after they announced the hematite breccia to the press then the rest is history after the assay results.
The MS1 ASSAYS for 558m-587m and for 689m-900m ARE GOING TO DETERMINE TAS`s FATE.....
IF THERE WAS NOTHING THERE WHY RUSH OUT AND OBTAIN A 100M DRILL EXTENSION TO GO DOWN 100M DEEPER?
I thought of selling down a little of my position but I couldn`t live with myself if this is similar to OD or PH.
I`m going to sit and wait for the assays. And maybe a surprise about Eden- India wouldn`t be bad.
DYOR
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