People buying up nearby land probably makes sense.
The geological picture has changed in recent months. I would assume people originally thought that central Bore was a one off, but since the geological survey of WA decided the old geology was wrong people have gone back to their books and had a second look.
The article is in the back of one of Eleckra's old announcements.
The GSWA program of mapping in the northeastern Yilgarn Craton has led to several new intepretations that have considerable significance for the architecture and geodynamic evolution of the craton.
These interpretations may also have implications for the prospectivity of the region. Key to the new interpretations are SHRIMP U- Pb radiometric ages, which allow the precise age of the rocks to be determined.
The northeastern Yilgarn Craton was originally defined by Cassidy et al. (2006; GSWA Record 2006/8, 8p) as a Single entity, the Burtville Terrane, which was poorly understood due to the lack of work in the region at the time. New work by GSWA, indicates that the region comprises two terranes that have distinct greenstones ages....
EKM Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held