Ann: Lab Results Confirm Kimberlite Target Areas, page-153

First 153 Last

Share
Profile

Follow
horsepower

169 Posts.

29/12/15

17:39

Post #: 16697132
Share

Originally posted by ecat88 ↑

Pyroclastic kimberlite (PK) will be the words to watch during the upcoming drilling programme.
Based on results so far, Resedimented Volcaniclastic Kimberlite (RVK) contains lower diamond grades and is of less interest. Therefore the PK is key.
Angolan kimberlites are well preserved an take on a "champagne glass" profile.
Low priority RVK is thickest at the centre of the crater and thins out towards the edge.
High priority PK sits beneath the RVK and becomes more exposed at the edge of the crater.
This is why LOM are so keen on finding the edge of the kimberlite before taking bulk samples.
Post eruption, you will also find PK as part of the tuff ring and crater boundary walls.
In my opinion the southern side of the ring has been eroded and washed a short distace by limited fluvial action towards the block 8 area. It is possible that this is the source of the large specials which show little sign of transport and abrasion.
The L259 maps shows RVK (green circles) located in the north area. The sedimented SRVK (yellow circles) are located further south. This tells us the water flow is from north to south. The swampy conditions, signs of land slippage, lack of vegetation and lacustrine sediments also suggest this area was once a small lake. Any eroded and exposed PK would have been covered by sediments.
As tributaries flow into this lake from L13 and L15, this becomes a confluence target, hence the "big puddle of diamonds" on block 8. Note that no PK was reported which is why I pointed to the theory that the southern section of the tuff ring was washed away to become part of the puddle.
So where is the source of the big jagged edged diamonds?
Well, the Pyroclastic kimberlite (PK) component of L259 is a prime suspect and that is what this coy will soon be bulk sampling. Very exciting, can't wait for the results.

Expand

Scientific claptrap Ecat. Stop all of this reasoned deduction and listen to an expert:

Dr. Suess says "This has turned into a lottery ticket investment where the jackpot isn't 1m times the outlay. The market realizes this - hence the lack of buying"

He has brewed a fresh pot of tea over Xmas and the tea leaves are telling him this is a dead cat. Wake up to yourself and listen to what he is saying. (but great analysis bloke- thanks!)

LOM Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ASX Market Open: ASX tipped for flat Tuesday as steam escapes | 16 July 2024

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

There are more pages in this discussion • 69 more messages in this thread...

First 153 Last

Add LOM (ASX) to my watchlist

(20min delay)
Last 6.9¢		Change 0.002(2.99%)		Mkt cap ! $20.01M

Open	High	Low	Value	Volume
6.4¢	6.9¢	6.4¢	$3.729K	55.36K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	27880	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.065
2	197103	0.064
1	12000	0.063
2	84801	0.061
1	326778	0.060

Price($)	Vol.	No.
0.069	27880	1
0.070	72518	1
0.071	20000	1
0.073	10000	1
0.074	150000	1

Last trade - 16.10pm 15/07/2024 (20 minute delay)

LOM (ASX) Chart

Ann: Lab Results Confirm Kimberlite Target Areas, page-153

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ASX Market Open: ASX tipped for flat Tuesday as steam escapes | 16 July 2024

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Lab Results Confirm Kimberlite Target Areas, page-153

Top Stories

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ASX Market Open: ASX tipped for flat Tuesday as steam escapes | 16 July 2024

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News