Hi All,
I agree with @pow4ade. This could be a very large system. Previous information can quickly be forgotten. Some people have said they are worried about the recourse size, but we are only focusing in on Cathedrals belt.
I have added this extract from a previous announcement in October 2016 this and the MT Alexander greenstone belt have not been drilled yet
Aeromagnetic survey – 8km extension and parallel structures
In October 2016, SGQ commenced a regional airborne magnetic survey over the four granted tenements at Mt Alexander. The survey, now completed, has provided an important data set for generating new exploration targets. A total of 4,472 line kilometres was flown in the survey, which was completed on a 50m spacing with a sensor height around 40m. The survey was flown in two blocks – the northern block that covered the east-northeast Cathedrals belt and the surrounding area and the southern block that covered the north-northwest trending Mt Alexander belt and surrounding area.
The objective of the survey was to provide high-resolution magnetic data to assist in the generation of new regional targets, with particular respect to:
■assist in determining if the Cathedrals belt extends to the east-northeast into SGQ’s recently acquired tenement E29/954. Result: the new data indicates that the Cathedrals belt may continue to the east for a further 8km strike. Magnetic features may represent ultramafics prospective for nickel-copper mineralisation; and
■identify any new structural corridors parallel (north and south) to the Cathedrals belt potentially hosting mineralised ultramafics. Result: the survey identified structures parallel to the Cathedrals belt that may host mineralised ultramafics.
Goodluck to us all.
- Forums
- ASX - By Stock
- SGQ
- Ann: Downhole EM Surveys Light Up Strong Conductors
Ann: Downhole EM Surveys Light Up Strong Conductors, page-37
-
-
- There are more pages in this discussion • 22 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 SGQ (ASX) to my watchlist
|
|||||
Last
3.2¢ |
Change
0.001(3.23%) |
Mkt cap ! $31.63M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $55.18K | 1.787M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 939421 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 358179 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 939421 | 0.030 |
1 | 15000 | 0.029 |
2 | 1633333 | 0.028 |
3 | 282592 | 0.027 |
2 | 320000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 358179 | 5 |
0.033 | 1768550 | 8 |
0.034 | 1397058 | 3 |
0.035 | 1440626 | 5 |
0.036 | 414207 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
SGQ (ASX) Chart |