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Naza

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02/03/21

11:04

Post #: 51445340
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Originally posted by Scarpa: ↑

Nice start. Solving for x shows 24 metres is 0.2 g/tonne, and the 20 metres at 3.2 g/tonne has 16 metres at 1.5 g/tonne which is ok.

Firstly, the 10.1 g/t has a lot to do with it in getting overall average for the 44 metres. Secondly depth, equals underground mining if viable in the good hole area just reported if hits continue at that depth. Thirdly, obviously geology there as I posted previously is not Julimat signature but that is irrelevant if find a viable gold/copper deposit. Other holes reported a little on the average side, copper and gold wise, but this Ann plus previous Ann shows some areas worthy of more drilling.

Lifted from an earlier post in LTR by me
Ann did not have a number of 'signatures' associated with PGEs, albeit it is likely that if they exist - posted this in OAR around signatures -Bottom half - Post #:47672363and thenPost #:46741749

Gold geology data - lifted from a post

Epithermal gold systems and porphyry gold/copper systems
In terms of epithermal deposits, this link is very good:
https://www.911metallurgist.com/blog/epithermal-gold-deposits-characteristics

Relating a little to the above, this is also an ok link for basic understanding of porphyry gold/copper systems:
http://earthsci.org/mineral/mindep/phor_dep/por_dep.html
https://www.sciencedirect.com/science/article/pii/S0169136802000847

Cut of grades - gold open and underground
Posted this also in the general 'gold' commodities section of HC - Post #:46578851- bottom half of post is around cut-off grades, calculating a resource and the concept of 'vertical metres'.

Cut of grades copper/copper concentrate (i.e. where geology lends itself to a copper/gold mineralisation)
I don't hold this other stock, but when I posted there it gives some info around copper deposits and cut off grades and what concentrate means etc etc etc etc - again bottom part of post in understanding variables for determining viability etc etc and what you are seeking to do in exploring to copper concentrate etc etc
Post #:45238061

Geology
A key also to the term porphyry is actually what type of porphyry rock it is:
https://www.911metallurgist.com/blog/types-of-porphyritic-rocks

and

https://www.thomsonresources.com.au/projects/deposit-models/porphyry-copper-gold-deposit-model

The rock type pyrite or arsenopyrite or chalcoprite (which are sulphides) are associated with gold in quartz:
https://www.icmj.com/magazine/article/gold-in-quartz-3404/

I am sure some will not like the above, but further drilling required, obviously.

All IMO

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The market seems to like it a lot.

LTR Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
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