Storm Copper Project is believed to be a Sedimentary Host Copper System, as stated in the ASX announcement titled,
"8% Cu intersected at the Storm Copper Project, Canada, 22nd June 2023",
STRONG EVIDENCE OF A MAJOR COPPER SYSTEM
The drilling and geophysical evidence is strongly supporting the potential for a large-scale copper system within the Storm Project area.
The geology of the area displays all the elements required in the sediment-hosted ore forming process:
- permeable carbonate rocks to act as a fluid conduit and host mineralisation,
- hydrocarbons to reduce metal-bearing fluids and force metal precipitation, sulphur source from bitumen and sour gas,
- proximity to faults known to be an effective source for plumbing,
- all within a favourable structural setting.
A distinct zonation of metal and mineralogy is also observed at Storm. The zonation appears as a large copper-rich core (chalcocite, bornite and covellite) that gives way laterally and vertically to thinner peripheral zones of copper-iron (chalcopyrite), iron (pyrite), zinc (sphalerite) and minor lead (galena).
This zonation provides a powerful vector for exploration. These key features are similar to many of the world’s major sediment-hosted copper systems, including the deposits of the Kalahari Copper Belt (Botswana) and Central African Copper Belt (DRC, Zambia).The following video;
https://youtu.be/YGb7FRmgUTIHighlights some aspects of sedimentary copper deposits,
MEGWA: Bruce Hooper: Sedimentary Copper Deposits - Which Basins are Hiding the Next Big Copper Belt?Sedimentary Copper deposits contain on average 3 Mt of Copper at 1.5%Cu - These types of deposits produce >15% of the worlds copper production with Silver and Cobalt byproducts.
Storm Copper Project ticks all these strategic criteria, eg. Is Chalcocite dominant, mineralised sheets, large deposit, high grade, etc.
Being in the Arctic, we have the flat terrian, arid environment, low population density, stable & Supportive Local government and size to be a major producer.
Kupferschiefer is a Very deep resource - 800 to 2000 metres deep, AW1 has it easy!!!!
Very large Central African Resource, only 2nd to Escondida in size.
High Chinese influence
Sandfire Motheo Deposit in this region.
Sedimentary formations have good Geophysics IP signature, Good chargeability
Geophysics Airborne EM (AEM) search method is useful.
Outcropping of malachite in the Kalahari Copper Belt region
Sounds familiar to Storm Cu Project with its malachite outcropping
The next big deposit could be in the Arctic.
EM helping to find Sedimentary Deposits around the world - AW1 is using Moving Loop Electromagnetic (MLEM) and Vertical Time domain Electromagnetic (VTEM) to find the anomalies, as shown below from the 5th July announcement. This method is hitting the copper mineralisation.
AW1 are using the correct science with proven EM and IP geophysics search tools to better target the Diamond Drilling program for finding the copper mineralisation.
(20min delay)