The map below is the Minedex interpreted bedrock geology. There is a strong NW to SE structure that runs through the lake Johnston tenements. This NW to SE structure would appear to make it less likely that geology structures will run right the way across that pattern. While not impossible, the far more likely situation is geology running NW to SE and in that respect the western edge of E63/1883 is SE of the TG6 Jaegermeister exploration work.
Charger has a complex combination of geologies in E63/1883. Most of the historical drilling has targeted nickel and other metals in the BIF running NW to SE through TG6's tenement but the nickel market is on life support at the moment with limited chance of near-term revival.
Most of CHR's tenement hasn't been drilled but there are a few areas that have.
Down to the SE of Charger's tenement is the seriously under capitalised Audalia (ACP) who have been looking to get an Iron, Vanadium & Titanium project started on M63/656. Their map of the area shows the SE extent of the Metachert (BIF) Southern Cross Formation. Its the NW end of this formation where CHR has identified elevated Niobium readings. The Vesusius and Egmont deposits have a 25.7Mt @ 51% iron deposit (and Titanium/Vanadium) showing how high the iron readings can be in the area. Rio will of course know about the Audalia deposit and it would be extremely interesting to know which metal Rio are most interested in exploring for.
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The map below is the Minedex interpreted bedrock geology. There...
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1 | 116879 | 0.042 |
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Price($) | Vol. | No. |
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0.048 | 11400 | 1 |
0.049 | 55388 | 1 |
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