RCR 2.44% 4.0¢ rincon resources limited

Ann: New Bullseye Gravity Target at West Arunta, page-558

  1. 6,224 Posts.
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    Stating mineralization is IOGC style means diddly squat until drill core starts showing more than current narrow veins of mostly pyrite/chalcopyrite with some smattering of bornite. Need at least net-textured copper sulphides with some intervals of semi-massive sulphide to have any confidence this could turn out to be a decent deposit. Plenty of IOGC style deposits around that are just veined systems and uneconomic. Need those intersections showing much higher volume fractions of (copper) sulphides to justify the share price having wings.
 
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