LMS litchfield minerals limited

Ann: Major Discovery 1km plus High Chargeability Target Found, page-83

  1. 1,997 Posts.
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    @tin_shed_trader , et al.

    There have been numerous Oonagalabi Ore tonnage estimates over the last 50+ years, Up to 100 Mill tonne as an exploration target number.

    So I spent some time going over publicly available company and Geoscience reports. Then took screenshots of the pertinent parts to do with tonnage estimates and present them below. Starting with the 100 Mill tonne.

    https://hotcopper.com.au/data/attachments/6862/6862751-2426d5d0b2e76d84996d6e2e5fc102e6.jpg
    https://hotcopper.com.au/data/attachments/6862/6862754-f8f858d49c8a9736ca7d9b4e77be18f5.jpg

    Next screenshot from the Clarence River Finance group company report CR19980335

    https://hotcopper.com.au/data/attachments/6862/6862775-ff3b38a168dd3d6237b8be694c3c219c.jpg
    Next is a probable 25Mill tonne reserve number from CRC-LEME C/- CSIRO South Australia

    https://hotcopper.com.au/data/attachments/6862/6862784-3f73d9aa9d00e5f9b93ec26865bb6de4.jpg

    So you can see there are larger numbers out there, and as such, you will need to add a few more zeros to the numbers from your prior post.

    By the way, for those that haven't realised it, the historic reports also clearly note the presence of large volumes of the highly sought after industrial mineral commonly called GARNET, and the Garnet is the prized Almadine variety. Historic estimates range to one Gigatonne from 10 Mill tonnes.

    Not only are they in the Quartzites surrounding the Metals lodes, but they have weathered to the river and creek embankments below the metallic ore
    bodies. Masses of the stuff presenting as an alluvial dig with zero strip ratio. Just think of the value that presents itself there as an adjunct hi value revenue stream. Millions of tonnes of low hanging fruit. The grade is reported as 10%+ in the hard rock and the alluvial Garnets will obviously be a much higher grade, easy beneficiation !!

    Do the numbers yourself and you might be stunned. It's all out there in public reports, DYOR.

    Cheers

    Happy researching.

    as usual,

    Caveat Emptor, DYOR and no advice given or intended from anything I post on Hotcopper.












 
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