PUR 0.00% 0.5¢ pursuit minerals ltd

Regarding the talk about CVV, I suggest people read this...

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    Regarding the talk about CVV, I suggest people read this announcement about the A1 prospect:
    https://caravelminerals.com.au/wp-content/uploads/2018/10/2017-06-22-Calingiri-Progress-Report.pdf

    This A1 (also called Ablett) prospect is the northern AEM target in PUR's tenement, and has been drilled (albeit shallow) 12 years ago by Dominion and others, and then again several years ago by Caravel.

    Everybody is on the Ni-PGE bandwagon, but Cal East is a huge distance from Julimar, and CVV's suggestion is that a felsic/mafic bimodal VMS system could be in play. So something else to consider. Cu-Zn (+/- Pb-Au-Ag) would be the main targets for such a system. The risk will be grades and whether the AEM anomalies are coming from pyrite/pyrrhotite. The latter is extremely conductive. Pyrite can be variable, but is sometimes very conductive and is the most common mineralisation in a VMS system.

    Here is some background into VMS deposits in the Yilgarn Craton ... https://nla.gov.au/nla.obj-2125419036/view. There are only snippets from the South West Terrane, because nothing much has really been found. If PUR were to unlock something significant of this nature it would be fascinating.

    I have looked at the open file geochem (which is fairly extensive but does not cover the main 2 anomalies, and seems unreliable for Ni-Pd-Pt). I will grid it up and post later when I get a chance.
 
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