MDI middle island resources limited

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timjames109

752 Posts.

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06/02/22

17:11

Post #: 59390498
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Originally posted by HeliosUK: ↑

IP chargeability has proven to be a great indicator of the presence of copper in areas where there's IOCG potential (resulting from many km deep geology of the crust). Wacks video sheds light on its use (although that's a far more technical level than my normal comfort!)

It does not guarantee success, but from my copper exploration knowledge (which I've only been picking up over a year or so) it is a strong indicator that absolutely warrants a drill hole into it.

Look at CNB and they've pinned presence of world class grade copper against these high chargeability zones, so they've an exploration recipe they will roll out further and hopefully tune up. Fingers crossed the same signs here lead to similar results

It is a bloody deep anomaly we have here, so what we would have to hope for on top of high grade matching the red zone would be 0.5-1% copper on the way down to it so that you can mine copper as you aim for the mother load

Underground mining also possible but my experience is mostly limited to open pit exploration, so I only know that this is hugely expensive. But if you have 5% copper there it'll get considered

But first, let's drill and see if there's copper down there

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Thanks mate. still don't know my head from my bum.

How does it relate to this?

If they drilled right down the fault surely the intercept will be full mineralized?\

What is the relevance of the pxrf? how accurate is it? 24.8-76% Cu is out of this world high!

Reckon we will do a CNB if we returned 100m @ 10% Cu?

Last edited by timjames109: 06/02/22

MDI Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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