andewa project drilling demonstrates excellent, page-32

Guys,

Im no geo, but I believe this is fantastic news.

Firstly, we have extended mineralization which is one category we wanted to tick off
Secondly, Peter has opened his announcement with the fact that FNT Guys,

Im no geo, but I believe this is fantastic news.

Firstly, we have extended mineralization which is one category we wanted to tick off
Secondly, Peter has opened his announcement with the fact that FNT has demonstrated potential for a world class porphyry copper gold deposit, his views seem extremely positive given the limited information we have.
Thirdly, look at this reference, http://www.mining-technology.com/projects/yukonolympicmine/ note under ?Mineralisation?, it states, ?Copper mineralisation is found within intrusive rocks as disseminated chalcopyrite and within breccias along with specular hematite.? This is what Peter has stated we have intersected and is readily apparent! And on top of this, the Yukonolympic mine ?is hosted in a similar geological setting as that of Olympic Dam."
It appears from limited information, or atleast from my research, that we have copper at a minimum and considering that in our soil, we are hitting grades of copper, we might now know that the underlying orebody is a massive copper mineralized system. Oh yeah, not forgetting, gold is commonly found in porphyry style deposits, and considering the very fine grained nature of the chalcopyrite and that previous photos with no visible gold which had actual high grades of gold upon assaying, I fully understand why Peter is so excited.
Now that we know mineralization is present, all we need now is actual confirmation of a grades and minerals, then we can actually start extrapolating and making assumptions across Andewa. By the sounds of it, IMO, more and more signs are pointing to the fact that FNT has the goods
I would love a geo to break the announcement down to confirm our understanding
Boy
potential for a world class porphyry copper gold deposit, his views seem extremely positive given the limited information we have.
Thirdly, look at this reference, http://www.mining-technology.com/projects/yukonolympicmine/ note under ?Mineralisation?, it states, ?Copper mineralisation is found within intrusive rocks as disseminated chalcopyrite and within breccias along with specular hematite.? This is what Peter has stated we have intersected and is readily apparent! And on top of this, the Yukonolympic mine ?is hosted in a similar geological setting as that of Olympic Dam."
It appears from limited information, or atleast from my research, that we have copper at a minimum and considering that in our soil, we are hitting grades of copper, we might now know that the underlying orebody is a massive copper mineralized system. Oh yeah, not forgetting, gold is commonly found in porphyry style deposits, and considering the very fine grained nature of the chalcopyrite and that previous photos with no visible gold which had actual high grades of gold upon assaying, I fully understand why Peter is so excited.
Now that we know mineralization is present, all we need now is actual confirmation of a grades and minerals, then we can actually start extrapolating and making assumptions across Andewa. By the sounds of it, IMO, more and more signs are pointing to the fact that FNT has the goods
I would love a geo to break the announcement down to confirm our understanding
Boy