Here is something to read about Dingo Range. Sure to make Al's heart throb.
2014_04_14_ICG_1397464020.pdfAbout this time I had my eye on Inca and they sold the gold values at Dingo and pissed off to Peru - well I thought that was a bit strange but when I followed through I got hooked on Chanape - all history now, but I lost a motsa and so did lots of Al's friends. When the wash was done there was no adverse judgement on our leaders, indeed most thought they acted admirably in a difficult situation (The first hole at Chanape ran down a breccia pipe and returned porphyry values, but there was no porphyry to be found - ultimately the expert said the porphyry was there but very deep so Chanape got shelved and the Zinc project came on board)
So now we have got South32 on our hammer at Rigueza and they will not approve drilling until all the preliminary exploration is done. But if everything comes out thumbs up they will approve the full 'drill till we find it' approach.
I count myself very fortunate to have been at the afternoon workshop last Monday. I reckon I sat between Lockie and OMM - both very sharp blokes and asked some searching questions. (please advise if I am wrong guys) Now Al knows I don't hold at present, but Dr J knows I go back a long way and fully intend to take a few in the future. Still I wouldn't have got a Qld gurnsey if other holders had wanted a place.
Now here is my take on Rigueza - there is a very good chance the rhyolite dome itself is mineralised, and also a scarn or epithermal shoot over to the N East - what lies at depth is as yet undecided - hence to geochem and sat imaging. To me it looks good. South will decide on the basis of the studies, I doubt they will leave without a few holes drilled at the worst, but if this is not Tier 1 they will pack up and leave it all to us. Worse things could happen, many a fortune has been made on Tier 2 or 3 projects.
Although the red wine is weighing heavily upon my grey cells, a word about Rob Heslop's project in NQ.
First, he gave an exempleary presentation of the values at the project - explaining the issues which attracted him to it from an overview of the mines department records, and his view that the company which previously held the tenements and drilled grades did not have a clue what they were looking at.
To fully understand the potential you need to understand this region. Start with Mt Isa in the west (the biggest accumulation of silver lead and zinc sedex minerals on earth) Eastwards there are the Cloncurry deposits (Earnest Henry and Century in the north - to Cannington in the South)
- all biggest on earth in their own way. Further east there is Chartes Towers (so much gold they had their own stock exchange) and then to the string of mines along the eastern seaboard from Gympie, Mt Morgan northward.
But the geology is complex - I personally think Sedex, IOCG, ISCG and Porphyrys might coexist in some complex way.
Why? Well looking way back, some say Gwondana split along an axis defined by the west coast of Cape York and Spencers Gulf - the eastern piece is now Utah and Nevada, the western piece takes in Mt Isa and Broken hill. On the edges were massive oreigons, which still survive in N America, but have been weathered in eastern Australia. Many riches have been taken, many more waiting to be found.
Ahh Queensland - as they say, "beautiful one day, perfect the next"
(20min delay)