Hi all.
I have been watching this story evolve with interest.
Have had a holding but are not holding atm.
Keep in mind that I am not a geo.
I have interests other IOCG and have tried to keep myself informed with the progress.
I did some research recently and thought I would share the results in case some of you haven't seen it.
Here is a link to the Lisa Vella version of the Carrapateena story for some idea on how they progress from discovery.
VIDEO Some of the highlights are the pics below with comparisons of what is developing here.
The first one is the Anomalies picked up with the early magnetics and gravity.
Below is the gravity for both Emmie Bluff Deeps, ( EMD ) and Oak Dam, ( the next growth story for BHP ).
Similar? I think that there is a more dynamic cluster at Emmie.
The 68m intersection is very welcomed but not yet at a size that really grabs the attention of the masses.
It does however show some real growth suggestions to me as this pic may validate.
The zone of interest could really have some potential surprises with EBD4 which is currently being drilled.
Let's not rule out the potential of the other anomalies in the proximity.
These pics below are screen shots from the vid above are worth more consideration imho.
Firstly the size of the interpreted mag anomaly with the scale in the bottom RH corner.
If we look at the interpreted anomaly at Carrapateena below.
The gravity to start with and the position of the discovery hole.
CAR02 was the discovery hole and it wasn't until hole 50 that they hit the real pay dirt.
Pay dirt was the 917m @ 2.1% Cu and 1g/t Au
I consider this pic to be important in a comparison of magnetic signature and the gravity overlay along with the Chalcopyrite and Bornite indicated.
Carrapateena certainly has a larger footprint in terms of magnetics and is of a decent grade.
I am very interested in the how large the Bornite influence may be at EMD but also the attaching magnetic anomalies in such close proximity. This could suggest a larger economic deposit attached.
This next pic is the Bornite envelope and shows some depth which we have not confirmed the depth nor the horizontal boundaries at EBD.
In this next pic which was modelled from the data shown in that vid above, the pink section is approximately 1klm wide with the higher magnetic and gravity signature in the more narrow green cylinder below it.
If we again use this same pic from EBD and a copy from above to give a comparison of considered potential, keeping in mind the gravity can be offset to the magnetics, this interpretation of Bornite and the possible extension to it will be worth keeping an eye on.
When I look at other exploration stories in this terrain and the associated mc's, I can't help but to remind myself that they have a resource here and very good chance of growth.
It also has very low SOI and is tightly held.
I have not re-entered as yet because I am fully invested but i do like this developing resource story.
The sp is not too bad for value either.
Enjoy the vid.
kind regards, Wack.
