pru and byr, page-19

  1. 12,484 Posts.
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    G'day Raiderup - according to the reports thus far we aren't looking at something strataform, but an IOCG deposit, which are formed by big systems of circulating hydrothermal fluids altering host rocks at depth and precipitating minerals.

    I can make a list as long as my arm of companies who have reported geological field observations that are later contradicted by lab results. Been burnt by a few of them too.

    However, the core pictures in the Euro presentation showed very strong potassic alteration (rich pink) associated with what looks like magnetite (dark grey streaks and spots) and minor sulphides, which are all exactly what we could expect in an IOCG system. As for grade - only time will tell.
 
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