EVN 1.06% $4.65 evolution mining limited

"FY23 will all depend on the turnaround at Red Lake" Faulting...

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    "FY23 will all depend on the turnaround at Red Lake"

    Faulting can chop up an ore body and move the pieces far apart, leading to a discontinuous deposit which is much harder to mine. This has been a persistent challenge in the Red Lake district, where high grade gold ore can be offset by 100’s of meters by subtle faults leaving very little obvious sign of where it went.

    For those that are interested:

    https://www.geologyforinvestors.com/red-lake-the-times-they-are-a-changin/

    Cheers

    These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
 
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