From MTR Sharechat on LSE

Overnight from a poster on the LSE Sharechat forum(17:13 LON TIME):

(Poster- Okenia)
T4 is normal sediment hosted mineralisation. Typically these are thin sheet-shaped veins that break the surface then plunge deep. Only a couple of metres wide but decent grades - you have to make an underground mine though to get at most of it.

T3 is utterly different. It looks to be 30-50m thick mineralisation (as opposed to a couple of metres) and it is horizontal (parallel to the surface) as opposed to tilted down. It's never been seen before in the Kalahari.

You can imagine what that means for how much you can get out, and how the economics will work.

Sandfire hit this sort of thick deposit, their SP bagged 100x over a year and their SP is still at that level near enough, now that they are at full production.

If this continues to play out then you have got a Tier One asset - massive, in friendly jurisdiction etc etc and coming onto the market just as Rio Tinto say they need new assets but can't find any for sale.

All eyes on the assay results - I'm hoping this week although there is so much thick mineralisation in the T3 samples it may take longer to get assayed lol'

Also,


'T4 is the normal type of Copper mineralisation that's widespread in the Kalahari Copperbelt. It's steeply dipping, thinner veins.

T3 however is very different. Like nothing else found in the Kalahari Copperbelt before.
It's basically flat, very thick and close to the surface.'

And....


'This is what kicked it all off at SFR. Any of this sound even a wee bit familiar with regard to thickness?!?'

"Margaret Hawke, a 25-year old geologist, drills the discovery RC drill hole at Sandfire’s Doolgunna Project in Western Australia. These drill holes unearthed massive sulphide mineralisation at depth in a region better known for its gold discoveries, leading to one of the most celebrated recent mineral discoveries in Western Australia. The first diamond drill hole targeting the new deposit later returned a stunning intersection of 75m @ 2.4% Cu and 47m @ 5.3% Cu; and 35m @ 6.9% Cu at the DeGrussa deposit."


GLTA