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Youre the man Anatol

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Deno_1963

135 Posts.

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28/01/21

13:18

Post #: 50504057
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Originally posted by anatol: ↑

I'd like to say something after this great anns but I have nothing to add t my old posts.
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I said this on LSA thread: (Post #: 50472662)
"Good luck to LSA holders. LTR's involvement in Koojan project will be a game changer for the area now.
KE is gone. This is a very positive action for LSA holders as well.
LTR is now being a LSA shareholder. Will be able to appoint a director to LSA board.
LSA most probably will need to make more and substantial CRs for its Killaloe gold project.
It's possible that LSA may be taken over by LTR in the future. Time will tell.No doubt that LTR is the winner here".---------------------------------------------------------------------------------------------
I also told these on my post Post #:46602576 Aug 17 2020;

"The western part of Moora project has very high potential IMO. I was making some deep research for this area and whole of South-west terrane of Yilgarn Craton in recent weeks. That's why I was silent here. (I am also researching all the other tenement holders in the region; Lachlan Star (LSA)..."There is one very important and interesting document prepared by Geoscience Australia (Gov. dept) in 2016. As far as I understand the info given in this document has been ignored by most of the resources companies. Tim Goyder and co has the info about it and they have already got Moora tenements in 2018. Then they got more for CHN and DEV.

"Potential for intrusion-hosted Ni-Cu-PGE sulfide deposits in Australia- A continental-scale analysis of mineral system prospectivity"
This document was explaining (in 2016) that the region where CHN and LTR are exploring might be very prospective for Ni-Cu-PGE.

It’s all about the type of geology close to Yilgarn craton margins.The tholeiitic intrusion-hosted Ni-Cu-PGE sulfide deposits can be found in those areas similar to Noril’sk (Russia), Voisey’s Bay (Canada) and Jinchuan (China) deposits.

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My most clear post explaining the proceptivity of the area was on LSA threads on April 21 2020 Post #: 46552302

The second map on my post below is nearly identical with the map given by LTR on anns today. See it here and compare it with my second map.

Map on LTR's anns today.

My Post #: 46552302 on LTR threads on April 21 2020

LSA clearly stated on the last quarterly report that their focus of exploration in Koojan project at South West Yilgarn Terrane (north east of Perth) will be GOLDand base metals (Ni-Cu-PGE).

They are now watching LTR's exploration (as said by Klaus Eckhof on the last quarterly report);

"Lachlan Star confirms that a further tenement E70/5429 has been granted to the vendor of the Koojan Project. This recently granted tenement is in the eastern portion of the project and the initial geological mapping of the area has confirmed the presence of mafic and ultramafic units. In addition,review of competitor activity onneighbouring projectshighlights the presence ofgoldand base metal anomalies that may continue into the Koojan Project.This will be a focus of our exploration program".

The neighbouring project is LTR's Moora project as far as I know. I am not after making LTR promotion here but we have to look into their project to understand the potential of LSA's Koojan project.

LTR is making a serious exploration job just next to LSA tenements there. They have a very strong information about the geological structures as they are sharing info with CHN (sharing same chairman Tim Goyder) which has discovered the Julimar prospect (Palladium, Ni, Cu and PGE).

LTR has already found very high grade gold in samples (individual assays up to 925ppb gold or 0.92g/t Au) at their Mt Yule prospect which is 2-3 kms away from LSA tenements. They have even named their prospect as; My Yule, Dalkey, Horseshoe and Felton. They call it Mt Yule - Felton trend. LTR is also doing the EM survey job atm. And this is what Klaus Eckhof is watching atm.

More importantly the geological structure trend anomalies continue into the Koojan Project IMO. See the gravity (structures under the ground) map below(I have made by using GeoView gov. maps). That trend can also be seen from the mafic/ultramafic dykes (on the surface) on the map further below here.

(The black lines are major fault and shear zones and the brown lines are mafic and ultramafic dykes (on the surface). You can see there are a lots of of them in LSA tenements, much more than any other area in the whole SW Yilgarn terrane (See the large map below).

This one below is not with the trend arrows. You can compare them.

LSA is watching LTR while they are doing their own job on those tenements.

They said on last quarterlythat they would do a Heli-EM survey to commence in mid August and possible gravity survey to follow.

"As outlined previously, the proposed field programme, to be run concurrently wherever possible, will include:
Geological Mapping including rock chip and target prioritisation.
Geochemical sampling – auger drilling on a systematic basis over key areas as well as regional mafic to ultramafic targets.
Geophysics – review is continuing with the potential for a Heli-EM survey to commence in mid August and possible gravity survey to follow.
Review and prioritisation of drill targets with the aim of commencing drilling as soon as possible".
I think Klaus Eckhof knows what he is doing here. He said “our recent geological mapping has confirmed thepresence of mafic to ultramafic lithologies in an identified prospective corridor with a geological settingthat has similarities to the Julimar Ni-Cu-PGE discovery and the Yarrawindah Ni-Cu-PGE project. The reconnaissance work has demonstrated the presence of anomalous copper and nickel mineralisation, and now our geological interpretation is allowing us to begin to define priority areas for next stage exploration".

The map below which I have modifies from GeoView (Gov. maps) shows the greenstone and granite contact zone at the Mt-Yule-Felton trends and it goes through to LSA tenements. There more of them in LSA tenements. IMO, that's very promising geological setting for hosting gold and base metals.

The black lines are major fault and shear zones and the brown lines are mafic and ultramafic dykes (on the surface). You can see there are a lots of of them in LSA tenements, much more than any other area in the whole SW Yilgarn terrane (See the large map below).

Btw, I am a long term holder of LTR and also holding LSA. I am not a geologist. I am only sharing my opinions and research work here with you guys for discussion purposes.

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Youre the man Anatol
LTR Price at posting: 40.5¢ Sentiment: Hold Disclosure: Held
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