BCN
Click for more information
0.00% 2.8¢ beacon minerals limited

Page 38: They concluded that data from historical mineral...

  1. darp
    498 Posts.
    lightbulb Created with Sketch. 171
    clock Created with Sketch.
    17/04/24
    23:32
    Post #: 73396850


    Page 38: They concluded that data from historical mineral production and economic reserve amounts from “well-explored” areas (e.g., the United States of America) could be used by the URPV technique to estimate the inventory of mineral resources in “less-explored” or underdeveloped regions. This analysis resulted in a correlation between Timor and Arizona, which had an estimated unit regional production value of US$510,000/sq km. Assuming an area of 16,000 sq km for Timor-Leste, the value of Timor-Leste’s potential mineral production would be US$8,160 million.

    Page 39: The most attractive mineral potential of Timor-Leste is in base metals, mainly copper, and associated gold and silver. This potential is in the occurrence of so-called Cyprus-type volcanogenic massive sulfides related to ophiolite sequences. This style of mineralization can be observed in the outcrop in the Ossu area of the Viqueque District. Geological reasoning and extrapolation allow for the conclusion that similar mineralization will be found in other locations where ophiolite sequences are found in the territory. Chromite, vein gold, and certain non-metallic minerals are also found and may have potential. http://www.faultrock.nz/uploads/4/4/8/3/44833089/atlas_of_mineral_resources_of_timor_leste.pdf

    The Viqueque District Ossu area that the UN report above identifies as promising for Cyprus-type volcanogenic massive sulfides related to ophiolite sequences is the lower block Beacon has, called the Ossu Concessions. So it looks superb in terms of the land package they have obtained.


    BCN Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

MAU Diamond work in Laverton pulls up 650 metre long zone of gold for Magnetic
right-arrow Created with Sketch.
MGU Magnum to raise US$210M to advance Saudi green pig iron plant
right-arrow Created with Sketch.
LTR Liontown to build out a cemented paste fill plant on-site Kathleen Valley
right-arrow Created with Sketch.
RCE Recce breathes better on positive lung infection drug pilot test results
right-arrow Created with Sketch.
AUE Aurum hits 59m gold intercept at 1.42g/t; responds to please explain
right-arrow Created with Sketch.
360 Family tracking app Life360 eyeing a US IPO as profitability approaches
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.8¢ 		Change
0.000(0.00%) 		Mkt cap ! $105.1M
Open High Low Value Volume
2.8¢ 2.9¢ 2.8¢ $9.278K 331.0K

Buyers (Bids)

No. Vol. Price($)
15 2878405 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 563211 2
View Market Depth
Last trade - 16.10pm 13/05/2024 (20 minute delay) ?
Last
2.8¢ 		  Change
0.000 ( 3.45 %)
Open High Low Volume
2.8¢ 2.9¢ 2.8¢ 1194121
Last updated 15.48pm 13/05/2024 ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.