Had a quick question about some comments I have seen on a couple of threads relating to SFR/ALY/PEK and the Jenkins Fault.
Some posters have mentioned ALYs potential VMS and SFRs deposits relate to the Jenkins fault.
This would mean the northern Doolgunna companies (ALY,SFR,TLM,SRI,CYS,PEK...) have much more potential that the southerns (ENT,RHM,RRE,BKG...)
Just wondering what the reasoning was?
I have my own opinion that the key is the Naracoota Volcanics (NV) and not the fault line. My reasoning is:
1. I thought, and please correct me if I am wrong, the Jenkins fault occured after the NV were deposited
2. VMS deposits are kinda stratigraphically controlled
3. The Horseshoe lights VMS deposit (apparently the very first VMS found in the area) is in the NV and nowhere near the Jenkins Fault.
My "theory" has caused me to shy away from those Doolgunna companies that dont have much (or no) exposure to the NV e.g.
TLM,CYS,PEK,SRI... and put more cash into the SFR,ALY,ENT,RRE,RHMs... (especially ALY)
That being said PEK and SRI have other projects that look pretty good by themselves.
Does this sound reasonable, or is it all just dodgy geology?
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