DUN 3.70% 2.6¢ dundas minerals limited

A very recent example of the serendipity(?) of boundaries in...

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    A very recent example of the serendipity(?) of boundaries in exploration comes from the Callisto area near Norseman.


    https://hotcopper.com.au/data/attachments/4757/4757492-7681967907072b7949fd86f9ba40313a.jpg


    Results south of the tenement line are marginal to the north market headlines.

    Geophysically not much obvious difference between the north and south across the line.

    https://hotcopper.com.au/data/attachments/4757/4757496-464cd63cff290d86b3e610031e98e77b.jpg
    The sulphides seen at Central are very different to those reported in the area above so direct comparison is not really possible. What is revealed is how much variability in grade can happen in a short distance. Could apply to Central though that is possibly/probably akin to clutching at straws.....
    More data (= drilling mostly) is required to give some clues as to why there is such variation if not already apparent.

    For Central hole 2 is probably targeting a different zone and so the results may be different to Hole 1.

    Matilda South may be more like the example above with mafic to ultramafic rocks dominant vs the gneisses mixed mafic/?UM's at central.

    Assays from Hole 1 and another hole or two into central will reveal if there is economic potential there. Ditto three holes or so at Matilda South. These early holes may only provide vectors towards better mineralisation but some success will be needed to justify continued exploration with relatively deep holes. The EIS grant will help fund some of this.

    I would expect some decent massive sulphides in Hole 2 at central given the strength of the AMT anomaly. Will those sulphides have economic minerals in them is going to be the main question.
    Probably won't have to wait too long if there are Ni and Cu sulphides present as visuals would probably be announced with associated images.

    All will be revealed in due course.....

    Last edited by salpetie: 17/10/22
 
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