Elephant Model
In reference to the Adelaide Advertiser article 21/10/2017 when LINDSAY OWLER was interviewed
“Mr Owler sees the Torrens project as potentially filling in part the missing piece in South Australia’s geological map. It’s accepted wisdom that mineral deposits tend to exist in a continuum — where one large deposit exists, there should be more ….. The theory is that there must be some other ELEPHANTS out there — but that South Australia’s deep layer of rock which overlays deposits ….. has hidden them from us until now”
Elephants! Very interesting. Let’s look a little deeper!
The TORRENS Tenement is located within the highly prospective Stuart Shelf and lies within:
- 75km of BHP’s monster OLYMPIC DAM deposit
- 50km of OZ Minerals’ Carrapateena deposit
- 125 km of OZ Minerals’ Prominent Hill deposit
Lindsay Owler’s believes there are “10 exploration targets each with the potential to host an Olympic Dam-sized deposit”
ARE, besides its 30% stake in TORRENS, has strategically secured 2 other tenements, MURDIE and WEST LAKE TORRENS:
MURDIE (100% ARE)
Confirmed IOCG system
One drill hole by WMC in 1981
WEST LAKE TORRENS (100% ARE)
Further testing warranted
The Geological setting of these tenements are equivalent to TORRENS
Olympic Domain
Torrens Hinge/Craton margin
Mantle fluid potential campaign
Lindsay Owler has said “the company was determined to go
BIG with its exploration program”.
If in fact an
elephant is discovered during the joint venture drilling at TORRENS, then ARE with their strategic
100% ownership of MURDIE and WEST LAKE TORRENS, may well be in a position to uncover a “
parade of elephants” (correct English wording for “a group of elephants”)!
I have analysed the current data from the geophysics and historical drilling to come up with my “
Elephant Model” below:
DISCLAIMER: Don’t be fooled by this Elephant Model ……..… just “doodling” while awaiting the drilling to commence ………. as I am still unsure if Lindsay Owler may have underestimated the potential of Lake Torrens and the adjoining tenements, such that, instead of an elephant being found, a sauropod may actually be found (a sauropod is believed to be the largest dinosaur and the biggest creature ever to walk on land!)
Believe it or Not!!!
DYOR
