Ann: Drilling Underway at Olympus IOCG Target, page-4

  1. 1,380 Posts.
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    Absolutely,

    PTR is due to present at the SA explorers conference on the 1 of Dec. Would be the perfect event to announce a discovery or at the very least have a explanation of the anomaly.

    The modeling of the gravity anomaly as a 40-50 wide body with a density of 4.12 grams per cc is either underestimating the width of the source to generate a higher density or if in fact accurate can only be caused by sulphide or iron oxide that would need to hematite dominant due to the subdued magnetism.

    A wider body may be caused by a large dyke but in that instance one would expect the a mag high. Still does not guarantee Cu, Au or U but a hell of a target none the less.

    Here is a comparison of Olympus and Prominent Hill. Both 1VD Bouguer corrected, both topping out at 3 milligal. Prom Hill rotated to the orientation of the Olympus anomaly.
    https://hotcopper.com.au/data/attachments/5756/5756567-f63e1dfa922055431d2683647b61e508.jpg


    Cheers
    CC
 
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