SPQ 0.00% 0.7¢ superior resources limited

Ann: Strong mineralisation, substantial porphyry potential at CC, page-91

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  1. 179 Posts.
    lightbulb Created with Sketch. 23
    A lot of focus on CC at present all reports are positive and program expanded !

    They have a a full report and Priority plan for BT now

    From report BT

    Priority Exploration projects arerated with priorities to proceed with the planned work program to take them tothe next decision point. Any such a grading might include a number of projectsat widely differing stages of evaluation, some with substantial data bases,while others might be unexplored, but may display considerable untestedpotential.

    Priorities arebased upon the data to hand at the time of inspection, and are subject tochange as increased exploration provides improved and additional data.

    Projectsare categorised as:

    A – Of highest interest such that the proposed exploration program should be carried out immediately. However early-stage projects with untested potential might be rapidly down graded from this stage by completion of the planned work program.

    1

    B – Of some interest and should be subject to further work if funds are available

    often with smaller components of continued exploration expenditure than higher priority targets.

    2

    C – Of only little interest and subject to further work at a low priority if funds are available but not to be relinquished at this stage.

    D – Of no further interest and can be offered for joint venture or relinquished

    Theentire Bottletree Project is provided witha priority A for a review that would apply this geological model to the entire area of interest in order to determine whether the current site of exploration is the best place to be working.

    All the individual prospects should betabulated and prioritised for continued evaluation. This exercise will placethe EW drill section in context in order to refine the target cited above.

    Anomaly B wall rocks examined in onedrill hole (DDH BTDD007) are dominated by epidote wall rock alteration typicalof settings more distal to any porphyry source than the deep western portion ofthe EW drill section at Anomaly A (figures 2 & 3) and so is provided with apriority B-C for continued exploration at this time. This may change when thisdrill hole is placed in context. Some age dates would represent a valuable addition to the Bottletreegeological model.

 
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