BCN 4.00% 2.6¢ beacon minerals limited

Ann: Highly Prospective Exploration Licences Granted-Timor Leste, page-24

  1. kcf
    343 Posts.
    lightbulb Created with Sketch. 27
    below from :http://www.faultrock.nz/uploads/4/4/8/3/44833089/atlas_of_mineral_resources_of_timor_leste.pdf

    heavy reading..... this from page 7:

    “In the Ossu area, float and large boulders of pyrite and chalcopyrite are found on
    a ridge of serpentinite. The area is 15x15 metres wide and the float is in situ. Grades in
    the pyrite are reported to be 10 per cent of copper, 3-4 g/t gold and 70 g/t silver.
    Gossanous material was observed encrusting the sulfides…” (Wittouck, 1937). These
    spectacular large boulders of copper/gold/silver massive sulfide weighing from 5 to 15
    tons are located at the bottom of a serpentine ridge along the track from Ossu to Leca, on
    the east side of the Vei Berek stream about 10 metres above the stream level (photo 3.2).
    The occurrence has not been evaluated and explored. The Allied Mining
    Company (1937) describes the occurrence as “…probably small…” without having done
    sufficient work. With today’s knowledge of this style of mineralization, one must
    conclude that the outcrop itself is a significant indication and may well be the tip of a
    much larger ore body. The confirmed occurrence of these boulders in close association
    with the serpentinized basic/ultrabasic rock sequence suggests that the other areas
    underlain by these ophiolites have potential for the same mineralization.
    interesting times
    kcf

 
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