SPR 1.74% 56.5¢ spartan resources limited

Lobon, Do you mean Tropicana as the 'near neighbours' to...

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    Lobon,

    Do you mean Tropicana as the 'near neighbours' to Glenburgh? If so you might want to check Tropicana's location as it's in a different province and not close. The comparison GCY makes between Glenburgh and Tropicana is that they are probably in the same class of orogenic Au deposits - craton margin setting, high metamorphic grade host rocks, somewhat challenging to explore for given overprinting of alteration halos and stripping of by-product metals from the mineralisation, and large scale Au endowment. The Gascoyne is an underexplored terrain of W.A. largely due to the high metamorphic grade in the Capricorn Orogen. Compared with greenstone hosted Au of the Yilgarn, it is a more complex terrain to explore but with the right mindset I believe there is great potential for discovery and Glenburgh is a standout project in this respect.

    Although I don't hold GCY shares (no available capital, sadly) I watch their progress very closely and share your excitement for the exploration potential at Glenburgh. It is a massive system and I hope that the next exploration phase will begin to truly unlock what I feel will be significant Au mineralisation. 2018 will be an exciting year for GCY on a number of fronts!

    Cheers,
    Bornite
 
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