SRT 3.03% 16.0¢ strata investment holdings plc

marrakai, page-2

  1. 31 Posts.
    From RRR Website - Note TTY exploration program is based on a lot of potential blind deposits of supergene iron - Marrakai has similar potential. DYOR

    Project Summary

    In Rum Jungle Uranium Field
    Previous exploration for uranium, gold, base metals
    Iron expressions at surface and possible Frances Creek type structure


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    General

    The 20.3 sq km Marrakai license (ELA 24614) lies 75 km south-east of Darwin on the eastern side of the Archaean Rum Jungle Uranium Field.

    In 1963 several limonitic ironstone replacement deposits in brecciated zones along limbs and crestal parts of a large NE trending anticline were identified. Limited rock chip sampling gave results at 31% and 35% Fe. A theoretical model based on the Frances Creek iron ore deposits has been posited, indicating the possibility of massive supergene ore bodies with little surface expression. No iron ore exploration has been carried out since the 1960s, but the area has seen exploration in the 1980s and 1990s directed at gold, base metals and uranium.
 
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