iroquois prospect - mn rich

I have been doing a bit of research on the Mn tenements announced on 7 Dec 2010. In tradition (like the old UMCers use to do) I thought I would try and find some reports on the tenements via the DMP.

What I found is RGC reports dating from 1994 to 1998. RGC at the time were focusing their efforts on Pb and Zn. They were reporting on Pb, ZN and also Cu, Au, Mn & Ag. The noted rich Mn black magniferous material but didn't think Pb & Zn warranted further look at.

In analysing the 1994 report, the report shows a diagram of the core of each drill hole (as shown in POZ announcement), the depth, the colour and % grading of those elements tested. What I found curious was that TRC 9, not seaprately detailed in the announcement, shows rich vein of Mn of 3m at 31-34m depth (grading 3.14 to 8.81) and then 3ms at 38-41 (grading 7.89 to 1.32). I have no idea how to tell the average, but these were the %'s throughout those m's.

What this tells me is 2 things being 1) there is folding occurring in the area that has created rich magniferous cavities and 2) the depths are shallow!

I have also found that there are a few fault zones that would create such folding. That being the T-Bird Fault Zone (known as the Regional Fault Zone in the announcement) and the Phars Fault that t-intersects T-Bird.

Now that I have a gut full of stock, I am looking fwd to the drilling and announcements. Imagine the proposition to the Chinese, Phosphate & Mn..........