here we go .. ?, page-9

Has settled down again after the speeding ticket but will run again imho

Drilling rigs currently beig mobilised. Always good to focus on the main game;

"Based on the information available to date, there are two distinct possible scenarios that could explain the presence of the mafic-ultramafic rocks intersected by the drilling:

1) The rocks belong to the Narracoota Formation (host to Sandfire’s DeGrussa deposits), and are similar to occurrences near Gayle’s Bore, and at Talisman Mining’s Halloween Project, west of the Great Northern Highway. If so, they are the most north-easterly occurrence of the prospective VMS horizon identified to date along the DeGrussa Trend.

2) The rocks are an extension of the older Marymia-Plutonic greenstone belt which is mapped occurring immediately to the north-east on the fringes of the Curara Well Project area. This greenstone belt hosts the Plutonic Gold Mine, which has produced just under 5 million ounces since operations commenced in 1990. If this scenario proved correct, it would represent substantial potential for gold mineralisation. This possibility is supported to some extent by the intersection in hole TCWRAB040 of 43ppb gold over 4m."


I think THX believe that the potential for DeGrussa style copper-gold mineralisation is the most likely of the two scenarios as they mention this"


"The magnetic image also illustrates how the work done to date has resulted in revisions to the previous interpretations of the inferred position of the Jenkins Fault. This has significant geological relevance as it reaffirms the possibility that the geochemical anomalies fall within the Proterozoic Bryah Basin, increasing the likelihood of the mafic-ultramafic units being part of the Narracoota Formation, and adding to the prospectivity for potential DeGrussa style copper-gold mineralisation"

DYOR !!!