The more I look at the rock chips, geology and IP the more I am concerned the IP highs reflect Corella Formation rock units which may be high in pyrite or graphite (even Rob Watkins MD of Carnaby said the Corella formation was difficult for IP and gave false readings because of pyrite in his recent RIU presentation). The dolerite seems to be low in the IP and the Corella Formation is where the elevated IP is in the two zones I previously posted.
The continuity of the mineralised shear zones is a bit of a question for me. The northern part of one has already moved since the first announcement and I suspect they are in places inferred rather than visible, are there multiple mineralised shear zones that don't necessarily link up to form one long zone in either case?
Certainly worth looking further at the mineralised zones located by rock chips and testing the best IP anomalies. I like the northern area where we don't have the IP yet as it is closer to the regional faults and the Carnaby declared IOCG corridor.
Cooper still need to get their eye in here but hard to ignore some very high grade oxide rock chips in calcite-quartz-iron oxide mineralisation. A few drill holes will reveal much.
DYOR. Not investment advice.
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