Hello Infose, thank you for the question - a good one will reflect a lot of investors thoughts.
Victoria has a completely different geology to this fault.
"orogenic gold province where faults and folds within Ordovician turbidites host gold and associated mineralisation. Such turbidites occur across most of Victoria and in the field comprise monotonously interbedded sandstones and shales"
Source: http://www.linex.com.au/publ/AusIMM_2010.pdf
Whereas the BLF...
"The north-northwest–trending Boulder-Lefroy shear zone
is a major shear zone, over 200 km in length, located within
the greenstone sequence of the Kalgoorlie terrane in the
southern part of the 600-km-long Norseman-Wiluna belt, one
of four Yilgarn provinces (Gee, 1979). This belt of metamorphosed rocks is characterized by abundant tholeiites and komatiites, overlain by felsic volcanic and sedimentary rocks and intruded by granitic rocks.
Source: http://users.monash.edu.au/~weinberg/PDF_Papers/Weinberg_Econ_Geol05.pdf
I have spoken to two independent geo's for discussion only and they agree on the potential of Treasure Island due to factors I discuss openly (and for free :-)) here. The intrusion is linked to the plumbing from the fault. Incidentally I do not have time to discuss other gold stocks on HC in this depth.
I would be looking at St Ives for comparison not the Carlin trend, the Thai Gold Belt, Ashanti, NSW / Victoria Lauchlin Fold Belt - or Queensland gold districts. Directly along trend, same fault, same stockwork in quarts hosted dolerite. Apples with apples.
Compare the geology to St Ives, Paddington, The Super Pit, Jubilee (will become one huge pit is growing all the time) all right smack bang on the Boulder Lefroy Fault. The dilational jogs (JG's) are a feature of these deposits because the lateral distortion (in other words DJ) opens up the plumbing system. The one SS laughed at me about last year - joking of course and I did take that the right way...
Dolerite makes the best host for these stockwork systems along strike.
I hope that assists - but please read with the pertinent caveats included in the first post this morning.
Kind regards,
CW
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