VMS 5.26% 1.8¢ venture minerals limited

geology

  1. 1,339 Posts.
    Greetings Vms holders.

    Been keenly watching and buying vms since results of first drill hole. Not a geologist but vms seems to have that X factor.

    good luck all.

    found this on the net. I see some similar wording.

    "Olympic Dam type deposits may represent the most significant new type of ore deposit whose geology became well-documented during the review period. As a follow-up to their 1990 paper on the Olympic Dam deposit in South Australia, Oreskes and Einaudi [1992] reported fluid inclusion and stable isotopic data from the unusual Fe-rich breccias and Cu-U-Au-Ag ores. They argued that primary magmatic fluids probably deposited early magnetite, but that the mineralized hematitic breccias were formed from the influx of cooler fluids having a more surficial origin. As noted above, Proterozoic Olympic Dam type deposits also occur in granite-rhyolite terranes of the U.S. midcontinent, as described by Nuelle et al. [1992] and Sidder et al. [1993]. These USGS authors concluded that saline magma-hydrothermal fluids derived from Fe-rich trachytes had initially emplaced Fe-silica ore and then subsequently boiled and explosively emplaced rare earth element
    [4] (REE) bearing breccias into rhyolitic tuffs within a shallow eroded caldera complex."

    Fingers crossed.
 
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