G'Day Jim-Yes Agree as I posted regarding what imo has been largely overlooked
by the market-on the 28th April.
Here is the link again for those interested.
Below for consideration.
Side note-Re last ANN 27th April-88 new Mestre Panel samples grade
Important details largely overlooked.
Of note, the Mestre zone contains a significant amount of ankerite, which is closely related
with the high-grade areas of this zone and has previously never been seen in the other
areas of the mine.
Ankerite is an iron-rich carbonate, different from the carbonates found in the quartzites
matrix (dolomites), and probably of a hydrothermal origin.
Ankerite can be a key indicator for significant hydrothermal vein deposits which
could lead to further gold bearing zones the deeper we develop the Mestre zone.
This mineral is now an important prospective vector for Mestre zone.
The hydrothermal factor is determinant in Mestre zone.
The Mestre vein is inserted in the proximal hydrothermal halo
(sericitic halo) and it is stratigraphically close to the lithological contact
between the arcosean quartzite (bedrock) and an impure limestone.
This contact is gradual, and layers of the limestone occur in the basis of
the arcosean quartzite more reactive chemically "increasing the potential of mineralization".
"A further important hydrothermal feature was seen in Mestre zone."
During sampling this year, we have "found a significant amount of ankerite",
"closely related with high grade areas in this zone" which has,
"never seen in the other areas of the mine".
Ankerite is an iron-rich carbonate, "different" from the carbonates found
in the "quartzites matrix "(dolomites) and it has probably a "hydrothermal origin".
"This mineral is now an important prospective vector for Mestre zone".
All the above is comments made by OGX MGT-and I have highlighted what imo
they MGT consider to be very important aspects & very important details largely
overlooked imo by the market.
Please DYOR before investing & verify anything read on H.C. & make your own determinations before making decisions.
imo-gltah
salt
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