Read the following from IOCG Signatures.....
Figure 6 shows the result of geoprocessing scripts used to identify gravity and RTP-TMI anomalies within a spatial separation no greater than 1,000 m. Removing non-coincident anomalies reduces the IOCG search space from 10,259 gravity and 39,047 magnetic features to 8,510 gravity and 20,345 magnetic features. The anomaly polygons in Figure 6 are coloured according to the magnitude of the feature, with darker shades representing higher magnitude features. A spatial overlay analysis of known IOCG occurrences in the Olympic Cu–Au Province indicates 62.5% are within high-magnetic features, 51.9% are within high-gravity features, but 96.2% are within 1,000 m of a magnetic anomaly that has an associated gravity anomaly (within 1,000 m). Based on these statistics, coincident magnetic and gravity features within 1,000 m of each other is deemed a robust signature of most IOCG deposits.
Now read comments from the Announcement.
Highlights
- The Camel Creek Prospect is defined by outcropping mineralisation (mainly as malachite) at Ningaloo and Sunset Boulevard.
- 3D modelling has shown that the outcropping mineralisation at Sunset Boulevard is underlain by coincident gravity and magnetic anomalies.
- Sounds Familiar and Olympic Dam is not that far away so why wouldn't the terrane be same.
- The article is on South Australia and NT isn't far away just over the state boarder so typically the theories could be same.
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- Ann: Camel Creek Drilling Imminent and New Targets Identified
Ann: Camel Creek Drilling Imminent and New Targets Identified, page-11
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