OAU 0.00% 0.6¢ ora gold limited

Ann: Promising Initial Drilling Results at Government Well, page-21

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    I would expect the company hopes to find a VMS rich in copper and gold. The zinc is more prominent in the holes so far, but as we know and are told repeatedly whenever one mentions the 'model' VMS deposit, the metals can occur in separate pods and separate zones. The copper rich zone typically occurs in the feeder zone / stringer sulphide zone and the zinc a bit further afield. So if the current Zn-rich nature is considered, the feeder zone may be close by, and we will doubtless hear that it is down dip (it's always down dip).

    At the Austin VMS, the Zn increased with depth, and the latest interpretation is that the feeder zone at that deposit existed up dip from surface, ie; is eroded away.

    I would also caution against expecting the motherlode to be the conductor. The conductor could (probably is) be mapping the carbonaceous shale, which will also include an amount of sulphides. So the EM will be good at mapping out this conductive stratigraphy, for testing. Whether it has the goods when the hole goes through it, yet to be seen.

    My experience is...and I do realise the irony of saying this after canning SFR's methods in the Bryah up the road...you have to drill your way along the strike of the sediment horizon and map out the most metal-rich zones, and hope that it turns into something economic.
 
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