Thanks for that critique @salpetie - your comments are more detailed in the knowledge of geology, whilst mine were only a broad overview of why ERN should not seek a JV with CHN.
Anyway on one issue, which I would like to carry further, the mention of Olympic Dam age 'intrusives' comes from the ann of 25 August 2022 which stated :
Olympic Dam age mineralising events at Aileron
Geochronology by the Geological Survey of WA (“GSWA”) at Aileron has confirmed:
The granitic intrusion intersected in drill hole EAL001 at Aileron is significantly younger than those previously mapped in the region and is a similar age to the Hiltaba Suite granites in the Gawler Craton in South Australia
Hydrothermal alteration within this younger intrusion is similar in age to the mineralising events at Olympic Dam
Confirmation that the mineralising events at Aileron coincide closely with the age of the world’s most productive IOCG region in the Gawler Craton of South Australia
Indications of a potential new IOCG belt include:
Confirmation of important isotopic ages;
Copper–gold anomalism associated with hematite alteration; and
Highly anomalous rare earth elements (“REE”) in drill core.
Importantly, the prospective geology is under shallow cover (5m of cover in EAL001) in contrast to +500m of cover in much of the Gawler Craton
Surface geochemical methods therefore can be applied in this region and trials completed by Encounter demonstrate this.
And your rebutal of my Note 2. is a comment against those conclusions drawn by the Company.
Now what I hope to be able to do sometime soon is to check any radio metrics data over that area (east of P2) - I just have a hunch that if there is U or Th signatures it might help me understand the situation better. Recall Olympic Dam is also a U mine (largest in the world, as it happens).
Thanks again for your comment - much appreciated.
- Forums
- ASX - By Stock
- Ann: Becoming a substantial holder from CHN
Thanks for that critique @salpetie - your comments are more...
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ENR (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.0¢ |
Change
-0.010(2.50%) |
Mkt cap ! $175.4M |
Open | High | Low | Value | Volume |
40.5¢ | 40.5¢ | 39.0¢ | $75.08K | 189.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2451 | 38.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 13103 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 105 | 0.415 |
2 | 2451 | 0.385 |
3 | 31000 | 0.380 |
4 | 39337 | 0.375 |
5 | 88294 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 13103 | 1 |
0.395 | 26608 | 1 |
0.400 | 113000 | 3 |
0.410 | 5286 | 1 |
0.415 | 27277 | 2 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
38.8¢ |
  |
Change
-0.010 ( 3.13 %) |
|||
Open | High | Low | Volume | ||
40.0¢ | 40.5¢ | 38.8¢ | 28726 | ||
Last updated 15.57pm 21/05/2024 ? |
Featured News
ENR (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online