I'm wondering what this great new target has in common with Mt Weld and Luni of WA1, other than being a circular feature?
Mt Weld is a very obvious gravity and magnetic high even on DMRS scale maps on 'Locate' webpages.
Luni is an area of medium magnetics also on a gravity high on DRMS scale maps.
Around the Luni find in the localised area there are a few low magnetic circular features, but none of them are being targeted by any of the companies up there, with the exception of the 'Emily' magnetic low area (not circular), that looks like a bit of a continuation of the Luni find.
Considering the local geology has the Destiny C1 feature marked as 'Basalt', perhaps this is exactly what that feature is. An old cone shape with higher levels of vegetation enjoying the richer ground from weathered basalt makes a lot of sense and explains the magnetic low.
REE and Niobium finds tend to be associated with magnetite in the fresh rock, hence the magnetic high and the gravity high. Weathered areas can turn the magnetite into hematite, being non magnetic would explain the 'mild' magnetics of Luni, the weathered section masking the deeper magnetite. Mt Weld is just an out and out magnetic high.
The largest Niobium find in the world, being Araxa in Brazil is also an outstanding gravity and magnetic anomaly, visible on any geophysics maps.
Sounds a lot like the cap raise is very close if they can keep the SP up a bit, with all this 'potential'. SGQ has had so much potential for just about every type of mineralisation known to man. Such rich ground that they have never found anything on..
Anyone wanting to get in on REE/Niobium action should go and have a good look at Mt Weld at 28.85S 122.54E on any type of magnetic or gravity map, it sticks out like Dogs b.....
https://maps.slip.wa.gov.au/landgate/locate/Then compare, by going on same map type to the potential of C1 at Destiny....
