Interesting Research

Here is some essential reading for all AME shareholders and those with a passing interest given AME control the vast majority of the belt. Two articles to have a look at when you have time and a glass of wine in hand

https://www.sciencedirect.com/science/article/pii/S0169136816307958

Abstract

The Sandstone Greenstone Belt is an exploration-immature, regolith-covered, approximately 1000 sq. km belt, in the Southern Cross Domain of the Yilgarn Craton. In order to estimate potential endowment, historical gold production and deposit resource estimates are required to be quantitatively analysed for calculation of natural and residual gold endowment. The total residual gold endowment within the oxide zone of the Sandstone Greenstone Belt is estimated, by application of a Zipf’s law statistical assessment, to be 2.3 Moz. This mineralisation is most likely contained in extensions of known deposits and several undiscovered deposits. The fresh rock of the Sandstone Greenstone Belt remains poorly explored. However, a conceptual endowment estimate can be made, based on a minerals system comparison between the exploration-immature Sandstone Greenstone Belt and the well-explored, geologically-similar Agnew Greenstone Belt, 100 km to the east. It is possible that natural endowment at Sandstone could total 21.3 Moz, with nine undiscovered deposits of >0.5 Moz.

Application of such a minerals-system integrated endowment assessment represents an effective motivator to embark on a well-resourced gold exploration campaign in the Sandstone Greenstone Belt, a currently immature exploration search space.

https://www.tandfonline.com/doi/full/10.1080/25726838.2019.1674540

In comparison with many of the major gold producing belts within the Yilgarn Craton, the known total gold endowment of the Sandstone greenstone belt is anomalously low. The distribution of historical exploration efforts and domaining of deposit types, based on litho-structural controls on ore formation, presents significant potential for undiscovered shear zone-hosted gold deposits within the Sandstone greenstone belt. These deposits are likely to be located adjacent to district-scale jogs in major lithospheric-scale structures. Based on this study further exploration efforts are advised, targeting lithology-parallel shear zones and corridors of oblique fault arrays adjacent to the lithospheric-scale Youanmi and Edale shear zones that bound the belt.