secret to nearology is geology connect thedots

Hi All,

I know this a long post but if you take the time to read through it and view the images below IMHO you will see that there is a good case to entertain having a look at URM.

This is NOT financial. Everyone please do your own research & DD.

Cheers,
Brantley

bungy234's Comments:

"The secret to nearology is geology."

"So we need to do some research on the geological sequence unique to phosphate rock mineralisation."


To those comments I submit the following:

http://www.nature.com/nature/journal/v285/n5764/abs/285395a0.html

Cambrian stromatolitic phosphorites from the Georgina Basin, Australia

P. N. Southgate

Research School of Earth Sciences, Australian National University, PO Box 4, Canberra, ACT 2600, Australia

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The carbonates interfinger with and underlie the Beetle Creek Formation which contains Australia's largest known phosphate deposits.//


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http://investor-forum.thesubway.com/showtopic.php?tid/960/

Geological History of the Georgina Basin of Queensland.

The Georgina Basin hosts a number of phosphorate deposits near Mt Isa. In particular, the Beetle Creek Formation and Thorntonia Limestone contain three key phosphatic lithologies: pelletal, microsphorite and replacement-types.

The Lady Annie, Lady Jane, D-Tree & Thorntonia phosphate deposits lie within the Beetle Creek Formation and its lateral facies equivalents. (Howard, 1986).

The Inca Formation is the youngest unit, composed of laminated siltstones and shales and conformably overlies Thorntonia Limestone. The Thorntonia Limestone is a dolomitic limestone with increasing chert bands toward top. It is the lateral facies equivalent to the Beetle Creek Formation, with which it intertongues.

The Beetle Creek Formation hosts the phosphate deposits, composed predominately of interbedded coarse to fine grained phosphorites, siltstone, claystone, chert and some descrete carbonate lenses.

Locally, karstlikesurfaces are filled with chalky high-grade phosphate that appears to replace the underlying limestone. This unit conformably and gradationally overlies Mt Hendry Formation which is a discontinuous conglomerate and sandstone. (Cook & Elgueta, 1986).

All the deposits formed under coastal, shallow marine conditions. These Cambrian sediments are covered by up to 71m of Mesozoic claystone and sandstone and Cainozoic alluvium and eluvium. Coarse to medium grained skeletal-ovulitic grainstone and packstone phosphorites are thought to have formed through reworking, transport and accumulation grains.

Phosphatic microsphorite are thought to have formed from the suspension of very fine grained detrital material or precipitation from the water column in very shallow supratidal areas. (Cook & Elgueta, 1986)

The replacement phosphates are thought to have occurred due to post-depositional phosphate replacement of carbonate, such as found at D-Tree.


From Novac's post :

http://www.hotcopper.com.au/post_single.asp?fid=1&tid=674062&msgno=2880471

Novac's comments:

"In strongly suggest people read the recent scoping study by Legend Internatioanl Holdings.

It states that the Lady Annie and Lady Jane deposits which total 486Mt @ 17%P205 are their world class deposits. They plan to build a 300km slurry pipeline to transport concetrate which will be produced at the benefication plant they plan to build.

All this infrastructure will be on the doorstep of URM's Thorntonia tennament, which is more than likely going to have an economic deposit at similar grades.

URM could choose to;

1. go it alone
2. Sell to Legend at the gate
3. strike a deal with Legend to use the infrastructure
4. Legend may buy URM all together some time down the track.

Legend have signed a deal with a large Indian Fertilizer company. Musn't be underestimated of the significance of having Legend next door.

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From bungy234's Posts:

http://www.hotcopper.com.au/post_single.asp?fid=1&tid=674062&msgno=2883187#2883187

bungy234's Comments:

The secret to nearology is geology. So we need to do some research on the geological sequence unique to phosphate rock mineralisation.

e.g. Is/was Legend's Lady Jane prospect's physiographic feature a shallow bay catchment, formed eons ago?

No one can question the fact that URM's Thorntonia prospect adjoins Legend's Lady Jane. Also, high grade phosphate rock chips don't simply appear for no reason. However, as we all know, nearology and rock chips is one thing, resource drilling is something else. Mind you, I like what I see and perhaps locating the tenements on Google Earth may help with identifying characteristics common to both Legend and Uramet.

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