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The problem is "classic magnetite-style IOCG" does not always...

  1. ozrockman
    53 Posts.
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    20/05/24
    09:47
    Post #: 73907313
    The problem is "classic magnetite-style IOCG" does not always have associated hematite-rich zones. There can be hematite, but zones of hematite-dominated alteration associated with high grade mineralization are rare to non-existent.

    Also, I know you are judging purely from low resolution photos, but the presence of sericite is not consistent with "classic magnetite-style IOCG alteration".

    Given the lack of abundant iron oxide in the alteration is a bit of a stretch to even be calling what they have found so far, Iron Oxide Copper Gold.


    RCR Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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