"The standout outcome of this study is the identification of a cluster of five IOCG-SEDEX targets at Frewena Far East. Of these,
three are rated top priority (P-1) and two are rated P-2. All have coincident magnetic and gravity anomaly highs and are located
on major NE-SW structures (Table 1, Figures 1 and 2). This cluster of priority targets corresponds to the Mount Lamb, Plains and
Desert Creek targets. Government drill hole NDIBK-04, which contains a 326m interval of sulphide mineralisation (including
zones of visible copper and zinc mineralisation), previously reported to the market (ASX announcement 29 March 2021), is located
at the margin of RP-FFE-02 on ground currently held by the NTGS, that will be relinquished in the coming months.
A coincident magnetic and gravity anomaly high is a characteristic signature of IOCG deposits (Appendix 2).
The Frewena Fable Project hosts four IOCG targets (Table 1, Figures 1 and 3), with one P-1 and three P-3 targets. The P-1 target at
Frewena Fable is one of the larger targets generated across the entire project, with coincident magnetic and gravity anomaly highs."
It is harder to visualise on that diagram/cartoon but all have overlaying or coincident mag and gravity. The IOCG coincident feature is related to the different orebodies within the system having different magnetic and responses and density. eg magnetite has a strong magnetic response, copper does not. Yet both have good density. Very simplistic response as too hard to describe more fully in my limited time this morning. In summary, it is all looking very prospective and the ground based gravity is likely to be the last piece of the jigsaw prior to drilling.
- Forums
- ASX - By Stock
- ICG
- Ann: Major Drill Program for IOCG/SEDEX targets at Frewena
Ann: Major Drill Program for IOCG/SEDEX targets at Frewena, page-16
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.066M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.5K | 300K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3759413 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1205690 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3759413 | 0.005 |
9 | 7804194 | 0.004 |
14 | 19406780 | 0.003 |
4 | 4399980 | 0.002 |
4 | 7199950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1205690 | 5 |
0.007 | 947600 | 4 |
0.008 | 950160 | 3 |
0.009 | 1033282 | 3 |
0.010 | 1000000 | 1 |
Last trade - 10.04am 18/10/2024 (20 minute delay) ? |
Featured News
LGP
Record revenue of $10.2 million as European demand drives 40% quarterly growth, with $1 million in operating cash inflow and $0.5 million in cost savings forecast
ICG (ASX) Chart |