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Ann: Melbourne Mining Club Presentation, page-4

  1. 3,102 Posts.
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    1 Hope for the best but remember the hype around RNX's Mongoose deeps hole. Statistically likely to be underwhelming but have to check and sometimes an OD is the result.

    2 Access was created to Mawson with the intention of getting a rig out there relatively early in the season. Wouldn't read much into a previously planned hole or two. More drilling at Mawson would raise my eyebrows.
    Perce was the standout target so they added in access and drilled that first followed by a second EIS co-funded hole.
    Mawson has similarities to the large gravity high NE of Green/Luni as well as Pachapadra (IMO). These latter two are closely related to gneisses though why they have such distinct gravity features is not mentioned in announcements.

    South of Crean there was a strongly magnetic Lamprophyre intersected which appears to be associated with a gravity high.
    Perhaps there are some local mafic/ultramafic intrusives lurking below the surface - hints on CGR and LYN ground of mafic intrusives and more regionally. Gairdner mafics c820 mya? Unlikely but there are regionally extensive mafics.
    https://hotcopper.com.au/data/attachments/6332/6332860-220faa63d41a11b3e6018532402827e6.jpg
    Wordie was not an EIS target and they have not set up access or sent the rig out there. With the two diamond holes they get some idea of cover depth so may send out the AC rig if warranted

    3
    Weddell fault? One of a number of major features. Exploration statistics as above in 1. It offers an interesting target and as such warrants testing - locally to begin with and then, if warranted more extensively. Joyce offers a a good zone to test.
    Stansmore/Endurance?

    The Elephant Island Fault is sub parallel and has some 8 kms of scattered mineralisation along it (Hoschke to Hurley and possibly open). P2 is roughly along the trend as well though not obviously related. Coincidence?

    What is going on with carbonatites in this area?
    In addition to the EIF+-P2 there is the spatially separate Emily-Luni-Green "system" exceeding 10 Kms.
    Faults are obvious potential plumbing systems. How many will contain carbonatites +- mineralisation?
    Two years ago the question would scarcely have been asked.
    Will RCR's Avalon or other targets show this is a much larger field. The c90 Mya (vs >>1 Bya?? West Arunta) Araxa area carbonatites show it is possible.

    https://hotcopper.com.au/data/attachments/6333/6333072-9512b6066fa85e5474b0bc238b5fa7d5.jpg


    =======================
    The recent cash raise may be one reason the aircore 'budget' is now shown as 30+Kms. My estimate would be over 20Kms drilled to date with more to come at Emily, Joyce and at least 4 other named targets.


    Last edited by salpetie: 24/07/24
 
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