Hi @adzconan,,,,,What is called an ore? ( URL ),,,,,,,,Ore is a...

  1. 584 Posts.
    lightbulb Created with Sketch. 529

    Hi @adzconan,

    ,,,,What is called an ore? ( URL )

    ,,,,,,,,Ore is a deposit in Earth's crust of one or more valuable minerals.,,,
    I sure hope for your sake that PTR will find an "ore body".

    Thank you for letting HC readers know that rock is harder than sand.
    So what ? At this stage PTR should focus on finding the high grades. So should you.

    My proposition is that the Eromanga Sea has created a situation where it is almost certain that the TiO2 was brought to surface in an intrusion far far away from Mulgathing. It was brought to this area via inflows to the Eromanga Sea, then shaken and stirred in the waterbody, finally settling well sorted, well graded, in the depressions on the sea floor. Exactly the same process you would see on a concentrate shaker table. The deposits in the depressions will be uncompressed, since they formed in water. Possibly as dense as a sand, clay, or mud. Certainly not an igneous rock.

    The high TMI RTP areas are an indication of the presence of Magnetite, a partially oxidised Iron Oxide, a brownish to black rock. Iron Oxides deposited in water can be expected to be fully oxidised (red) and therefore have low TMI RTP.

    I find it remarkable that the defining feature of the surface geology here, the Eromanga Sea, is never considered by PTR.

    GLTAH

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
30.0¢
Change
0.005(1.69%)
Mkt cap ! $103.6M
Open High Low Value Volume
29.5¢ 30.0¢ 29.0¢ $106.8K 365.3K

Buyers (Bids)

No. Vol. Price($)
1 106156 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 179999 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
PTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.