Ann: Significant Cu/REE System Discovered at Hardway, page-14

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06/02/23

16:49

Post #: 66100621
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Originally posted by GeoFiji: ↑

[email protected]% copper is a good intersection but the zone is really weathered and the mineralisation is oxide such as malachite. Malachite and azurite can be very high grade and were targets for the old miners in the region who mainly gave up when sulphides were intersected. It may well be a significant mineralised system in the scientific sense but to make it as a mine it will require economic mineralisation in the sulphide zone I think (unless weathering goes down hundreds of metres). I expect more drilling into the sulphide zone and strike extensions.

I suppose geophysics might be obvious given it is the Hardway Fault and it may host significant mineralised shoots at deeper levels or along strike.

The REE mineralisation is interesting but I am not qualified to comment on whether it can be extracted economically as a by-product of copper processing. On its own the REE levels look an order of magnitude too low but they perhaps point to the possibility of higher grade zones and this is worth a look, especially if they correspond to the copper zones.

A good announcement that leads to a lot more work.

The plunging shoot at Mount Hope South is definitely worth chasing and could turn into batch of good drill results in 2023. That area seems well endowed.

DYOR. Not investment advice.

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I hope mine/drilling results are not like women. History tells me that being well endowed is usually not worth chasing. Ok, maybe for some.

My water is telling me the same thing GeoFiji. Really great grades of REE and volume is usuallyl where its at. Might be geologically a professor's dream, but my dream is about money not uniqueness. 263 ppm and 117 ppm aren't worth a candle and these were the results most worthy of note.

HMX Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
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