LM1 5.56% 5.1¢ leeuwin metals ltd

Taking a look at down the way at the new tenements, between...

  1. 3,299 Posts.
    lightbulb Created with Sketch. 1073
    Taking a look at down the way at the new tenements, between Butterfly Lake and Hairy Lake (great name). Dark green is the greenstone belt, light green is felsic volcanic.

    Map 1 is bedrock geology. Note the two dikes running SW to NE, orange lines.

    Map 2 is magnetics, where the dikes appear as lows.
    https://hotcopper.com.au/data/attachments/5380/5380270-8e1c1425dc46c1f538b123ef7c4e0bf2.jpg
    https://hotcopper.com.au/data/attachments/5380/5380273-e279f67ec254ffbd1de7dad978348d29.jpg

    Are there pegs near the intersection of the geological contacts and the dikes?

    This is the situation of the pegs Tanco found at Metis and Spod Island. Cluster of red dots are Tanco's drill holes. The regional dyke swarm is called "Molson".
    https://hotcopper.com.au/data/attachments/5380/5380308-13f3dcb9af971c5a7ada84a745f5ae6f.jpg
    https://hotcopper.com.au/data/attachments/5380/5380313-58c8b379b56d9d752f0c038dcb978496.jpg
    I turned the base map off so the magnetics are clearer. LM1 expects continuation west and east, probably I would assume following the medium low north of the high.

    This is what the magnetic region looks like, with the company's tenements overlaid and greenstones shown in yellow:
    https://hotcopper.com.au/data/attachments/5380/5380341-50d1042f8f09feb7bc86c86193769b63.jpg

    https://www.manitoba.ca/iem/geo/gis/index.html
 
watchlist Created with Sketch. Add LM1 (ASX) to my watchlist
(20min delay)
Last
5.1¢
Change
-0.003(5.56%)
Mkt cap ! $2.389M
Open High Low Value Volume
5.1¢ 5.1¢ 5.1¢ $1.02K 20K

Buyers (Bids)

No. Vol. Price($)
1 10000 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 5881 2
View Market Depth
Last trade - 10.04am 21/06/2024 (20 minute delay) ?
LM1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.