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Porphyry Deposits Education, page-27

  1. 13,811 Posts.
    lightbulb Created with Sketch. 690
    I don't know why there is talk already of funding.

    It makes people uncertain, get jittery etc.

    Stop being 'worry worts'!

    Instead, just concentrate on what is happening, as reported. It seems that they think that they are on to a good thing at Cockie Creek, and one does not have to resort to reading between the lines. The MD says it all here:

    “Cockie Creek is turning out to be a very interesting and exciting porphyry system. We didn’t expect to encounter the significant amounts of strong copper mineralisation that has been intersected outside the known mineralisation envelope.
    The latest holes have also extended the mineralised zone down dip. “More importantly, the drilling is showing signs for the existence of a strong porphyry system with the amount of potassic alteration and a broadening of the mineralisation towards the west.
    In addition, interpretation of historical drill holes and aerial magnetic data indicate that a potential main intrusion centre lies further to the west of the historical copper zone.
    These observations are indicating potential for Cockie Creek being a much larger system than originally thought. “

    As a result of our most recent observations, we are extending the planned depths of most holes in the current program as well as adding a series of new holes to test targets to the west of the historical copper zone. “
    The very positive results to date at Cockie Creek further validate the Greenvale Lucky Creek Corridor as a preserved island arc system hosting a belt of regularly spaced porphyry copper-gold mineralisation systems.
 
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