WTM 1.92% 26.5¢ waratah minerals limited

Ann: Further high-grade results from Spur drilling, page-241

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  1. 139 Posts.
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    Another well constructed and considered post Seth. Early thinking was the deposits were hosted within the early stage intrusions. This was based on observations of the first couple of deposits drilled at Cadia. Ridgeway and Cadia East changed the thinking and demonstrated the economic deposits were off structure in the country rock. The thinking now is the later stage pencil porphyrys intrude around the early stage intrusion and the epithermal gold is the later stage of the pencils.

    I agree with your view we are close and the albite alteration Peter and the team picked up in SD010 after relogging that core is critical to the linkage with the exploration model. Yes we could be close but telescoping is still a risk right?

    See this post and the one linked within it for more information that complements your musings.

    https://hotcopper.com.au/posts/74706434/single



    Last edited by John8769: 03/08/24
 
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