as posted on CYS
check THX announcement Very good results;
"Gold and copper mineralisation is hosted within mafic
volcaniclastic rocks of the Narracoota Formation, the lower
portion of which contains zones of blebby to massive sulphide
dominated by chalcopyrite. Magnetite alteration, minor pyrite
and sphalerite are also present.
Drilling has intersected broad zones of alteration and sulphide
mineralisation characteristic of a large volcanogenic massive
sulphide (VMS) system.
The mineralisation has a strong gold-copper-silver association,
with Sn-Mo-Se-Co-As-Te anomalism also typical of a VMS
deposit. Red Bore mineralisation has a striking visual and
geochemical similarity to the nearby DeGrussa deposit".
confirming again the Naracoota formation.
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