Copper/Gold ... Gold/Copper ...can't say he aint trying to find FLG potential value creating assets. The location is great.
My concern would be if its once again early stage exploration (i.e. no modern drilling done). I know the PR says advanced. My view of advanced exploration is a maiden MRE exists. PL's might be sampling complete or geochem/geophys done and drill targets identified.
Right now assets themselves appear cheap because drilling a discovery hole isn't being rewarded and drilling a "duster" gets the stock slaughtered.
My research suggests the ideal setting for gold (and silver) discoveries in the Maricunga Belt is
* being in the margins of a caldera (because when it collapses it creates the pathwyas for hydrothermal fluids carrying gold/silver)
* a Miocene-aged volcanic and intrusive systems
* controlled by major faults, with high-sulfidation epithermal or porphyry-style mineralization
* intense hydrothermal breccias and fluid evolution ... gold-rich vuggy silicia (quartz veining) and alunite zones
I'll be looking out for those "keywords".
This might be useful for education & orientation. Nothing happens "fast".
https://www.rio2.com/fenixgold
this is another
https://torqresources.com/site/assets/files/2932/torq_ir_03sep2024.pdf
Who knows what comes next.
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