I've been spending time on the weekend going over everything they've give us on Sugarloaf so far. Some things that popped out to me: - the unusual triangle shape in the geophysics (porphyries they seem to be looking for donut shapes) - which i've crudely marked below with black - the two polygons in the DGPR which form a bit of a T intersection within the triangle shape - the north east trending structure (900m arrow measures a polygon but roughly tracks the underlying structure - the presence of silica and jasperoid (the latter apparently quite rare based on various references via google) and known for associations with gold mineralisation - the fact the normal trend is north west in the lachlan fold
The shape seems quite unusual, almost forced and I'm wondering if what we're seeing here is a significant mineralising event (ie magmatic flow) rising at the top part of the north west trending polygon which has then hit a hard rock wall in the north east spreading structure and spread across it?? I'm not a geologist so this is wild speculation really on my part. If there are any geos monitoring KTA thread, could you comment on this please?
KTA Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
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