RNX renegade exploration limited

Ann: Ernest Henry style IOCG zone discovered at Mongoose Deeps, page-31

  1. 6,530 Posts.
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    Need to keep things in perspective. Strong rock alteration styles similar to Ernest Henry and the copper near surface at Mongoose and the adjacent Great Australian mine has come from somewhere deeper down. True we have not hit the sweetspot with this first deep hole but keep things in perspective, it took some 8 or so deep holes at the Olympic Dam IOGC before they encountered the sweet spot. Never forget this because we do have a massive system and would be pure luck if we hit the right spot first time, at this stage we have the right geology it seems, and the huge amount of copper that made its way to the surface has an origin somewhere in our Mongoose deeps system
 
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