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Ann: Lake Torrens IOCG Project - Drilling Update, page-2

  1. 85 Posts.
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    Trading halt lifted... When can I buy?

    Reminder that what they have drilled:
    https://hotcopper.com.au/data/attachments/2971/2971732-3079c00cdda216744b26f1eb8e46bde1.jpg

    Is identical to Carrapateena mineralisation:
    https://hotcopper.com.au/data/attachments/2971/2971734-efdff50d6edc6c4dfa0bd2bb856f03a6.jpg
    https://www.ozminerals.com/uploads/media/131128-ASX-Carrapateena-and-OZ-Minerals-Exploration-Presentation-3fa30ad7-7f4b-4301-80bd-4167ae8cafe4-0.pdf


    This is the real deal.

    These little holes here:
    https://hotcopper.com.au/data/attachments/2971/2971756-5a35da4943887b1c04462b9b7410460c.jpg
    are where the copper sulphides have been leached downwards. That's a good thing; it means there is an enriched layer beneath this with bonanza grade - what you need to start a mine and pay off a plant quickly!

    Calling it now - there's going to be good gold grades in this intersection, and the next hole beneath this one will hit a thick, very high grade supergene bornite, possibly chalcocite blanket.

    DYOR
 
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