OAU 9.09% 0.6¢ ora gold limited

red bore. 'discovery'., page-10

  1. 11,511 Posts.
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    I really have my doubts that Degrussa is a VMS deposit .I think it is structurally controlled and the Jenkins fault remains the key.That said THX does have some interesting anomalies coincident with that part of the fault that traverses Curara Wells although further along the fault Sipa have come up empty handed.THX also has the Marymia leases and Bluebush which is much closer to the Horseshoe Lights VMS deposit .I also think that the Yerrida blocks are conducive to some good deposits although I think they will be more a mix of Pb,Cu,Zn and Ag.There are a number of gossans on the Yerrida leases.
    I have confidence in the THX crew and management,they are good geologists and if there is something there to find I think they'll find it albeit with a bit of geological luck
 
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