MVT in the Bubble Well Member (Juderina Formation) related to the geographically nearby Magellan oxide lead deposit in the Earaheedy Formation???...Fanciful Blythefan given the 340 Million Year age separation.
The core photo displayed in RIR's recent announcement only shows ~10% semi-massive pyrite and marcasite forming in fractures within a karst formation (BWM). No sphalerite or arsenopyrite evident at the scale of the image so expecting only trace base metal signatures in assays (if any).
RIR's "Interpreted amorphous spherocobaltite" (pink mineral) will prove to be simple iron carbonate staining associated with the same low temperature remobilisation event evident throughout the Windplain Group sediments associated with deposition of the overlying Mooloogool Group (pyritic shale in particular).
Would be prudent to wait for results before further drilling starts....maybe spend the Company's money on some much-needed geology courses?
P
(20min delay)