GRV greenvale energy ltd

Ann: Extensive IOCG-Style Alteration at Twin Peaks East, page-18

  1. 5,711 Posts.
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    Am hoping GRV are confident there is gold in KNRDD002 - to make the statement Gold assays expected in December.
    [gold may already be found in 1st few meters of assay - Santa please]
    The alternative is another shoot your foot off episode with statement that cannot be fulfilled.

    KNRDD002 had the Native Copper - I expect assay for Copper will take longer, since the Gold assay is being fast tracked.
    The Native Copper may have only been sighted because the core sheared and exposed the Copper - there could be a lot more Copper to.

    As I understand it - Tennent Creek IOCG deposits have a high Gold content - compared to IOCG deposits elsewhere - say 2-3 times higher.
    As I understand it - IOCG are formed firstly by having the Iron Oxide, that is then saturated with a Hydrothermal event, leaving minerals trapped in the Iron Oxide. There is a fault line either side of Twin Peaks - doubling the chances of Hydrothermal saturation.

    Only 6 trades so far today - quieting down for Xmas


 
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