MMC 0.63% 78.5¢ mitre mining corporation limited

IPO - Mitre Mining Corporation Limited - 30 September 2021 11:30AM AEST ##, page-14

  1. 783 Posts.
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    I didn't see much in the independent geologists report that there was much encouragement for large intrusion related gold aka Fort Knox type. That would be a first for this type of mineralization in the Moruya Complex - they are 'dry' granitoids. Check the pylons of the Sydney Harbour bridge - that is Moruya granodiorite.

    There is potential for vein gold deposits - historically the known deposits are very small in tonnage, but some great grades, eg Donkey Hill average was 25 g/t, but note there are NO known occurences in the tenement.

    I'll watch with interest if they find anything.


 
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