Hey Cman
All of the historical holes are documented in this very useful presentation. Essentially all the deeper holes were drilled in the wrong place!
https://smedg.org.au/wp-content/uploads/2020/07/Bret%20Ferris%20Cargo%20Porphyry%20System.pdf
Back in the day before a lot was known about the Cadia Valley deposits, most of the drilling was ‘on structure” in the early phase (1) monzonite intrusions. Newmont actually drilled 5 very deep holes a fair bit north of where the epithelial holes are currently being drilled. We now know following the discovery of cadia hill, cadia east and ridgeway that the porphyrys are actually ‘off structure’ in the country rock. The current high res magnetic survey will map all the monzonite to help vector potential porphyry intrusions off the side of these early phase structures.
Golden Cross drilled that hole into the redrock and lithocap many years ago. Peter and the team relished it and identified the significance of the minerals present. Golden Cross got into trouble soon after they drilled that hole and were also focused on other priorities and desperate for cash. They sold the tenement in a fire sale in a private sale to a Lachlan Fold Belt legend, Brian Locke. Brian vended it into WTM last October.
- Forums
- ASX - By Stock
- Ann: Further high-grade results from Spur drilling
Hey CmanAll of the historical holes are documented in this very...
-
- There are more pages in this discussion • 323 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 WTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $70.63M |
Open | High | Low | Value | Volume |
35.0¢ | 35.5¢ | 34.0¢ | $85.88K | 246.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4589 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 31081 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4589 | 0.345 |
5 | 107017 | 0.340 |
1 | 2985 | 0.335 |
5 | 101970 | 0.330 |
1 | 6153 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 31081 | 3 |
0.355 | 130693 | 4 |
0.360 | 94649 | 6 |
0.365 | 32500 | 3 |
0.370 | 25000 | 2 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
Featured News
WTM (ASX) Chart |