Discovery
Doug Haynes who has been credited with the discovery of Olympic Dam defined a conceptual target for mineralization on Sabre tenements. Upon reconnaissance of this target area at least 16 'massive' poly-metallic gossans where found and the discovery called Kaskara. The gossans returned up to 23.5% copper, 35% lead and 34.4% zinc.
Matt Painter in 2009: "We've got all these Gossans poking out of the ground, there a great indicator of sulfide mineralization a depth. The fact that we have very strong copper,lead and zinc values in outcrop is telling us there has got to be copper, lead and zinc sulphides somewhere below surface."
Shadow of a Giant?
Metal signature and geological features similar to Tsumeb. Tsumeb was historically one of the worlds largest copper producers mined from 1903 to 1997. It contained 25Mt grading 5.5% Cu, 11.5% Pb, 4% Zn and 171g/t silver. Tsumeb had a surface foot print of only 200 x 50 meters and extended 1800m beneath surface. It is located 40Km from Kaskara.
So Far
Outcropping at Kaskara is over 800m of strike. (The surface strike of Tsumeb (200 by 50) would fit many times into the Kaskara surface footprint) Kaskara is only one outcrop in the 3.6 km Kaskara-Lucas Post corridor which may be all part of the same system.
Two RC holes where drilled 100m away from the strongly mineralised gossans on the gentle slopes below the outcrop. Both holes intercepted broad zones of strong anomalism and sub-economic mineralization. Fine grained pyrite has been observed over several tens of meters adjacent to a significant fault zone. These observations indicate there is a base metal sulphide mineralising system present in the subsurface at Kaskara.
Immediately after the encouraging results from the RC holes, a man-portable Longyear 38 diamond drill rig was ordered up the hill to test the gossans. Copper, lead and zinc was intercepted prompting the company to state; "we believe that we have intercepted the near-surface oxidised expression of deep- seated copper, lead and zinc sulphide mineralisation at Kaskara." and "widespread occurrence of the copper-lead-zinc vanadate mineral mottramite confirms Tsumeb-style mineralisation at Kaskara. Scientific consensus is that these base-metal-bearing vanadate minerals can only form in the weathered portions of sulphide deposits."
Encouragingly weathering at Kaskara appears to extend to some depths. This is a very positive sign that mineralisation at Kaskara may extend to considerable depth. Tsumeb was weathered to around 900m.
Assay results form the initial drill program are anticipated shortly.
A life changing stock potentially IMO...
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