The new package they picked up in Ardmore is probably the least explored tenement on the East and the most prospective. For the last sort of 10 years its been held with unproductive private exploration companies. Lets review what they have
- It's quite literally has all the favourable stratigraphy's such as the Argylla Formation the Corella Formation and the Mega Lyn basalts.
- Its home to the Fountain Range Fault which is just about the most productive fault on the Eastern Fold Belt with known deposit such as (Mary Kathleen, Trafalgar, Mt Philip, Lady Rose, Ajax, Tiny Boot, Lakeview, Kalman, Mount Colin) The Kalman deposit is 12kms East best intercept [email protected]% Cu and 1.3Gpt Au
- Its home to the Overlander Fault which was the fluid driver for the Overlander deposit 2kms to the East - Best intercept there is 75m @ 1.33% Cu
- Its 11Kms North on strike of Lady Fanny, Nil desperandum, Its adjacent to Mount Isa Mines St Andrew Tenement package which includes Little Beauty 10m @3.8% Its only around 5Kms from Mount Hope which we all know is turning into a beast, its only 2kms from the Overlander deposit as mentioned above and 12kms from Kalman.
- Historical, publicly available reports quite clearly show there is outcropping, mineralised hydrothermal magnetite alteration which indicates hydrothermal redox activity.
- The historical reports also show that copper is present in numerous rocktypes which is very encouraging.
All in all I think that Cooper will be very successful with the Ardmore tenement package after they do some drill target exploration. Im sticking it out as I dont want to sell what could potentially replicate any of the intercepts at Mount Hope, Overlander, Lady Fanny, Nil Desperandum, Little Beauty and Kalman.
This is all provided from public data available on the https://geoscience.data.qld.gov.au/ - DYOR - Don't take this as advice please check my research above to ensure reliability.
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The new package they picked up in Ardmore is probably the least...
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