OAU 0.00% 0.6¢ ora gold limited

"thundelarra hits big" -proactive investors

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    I'm interpreting the comments about "different model" to mean just because SFR looked like this (pipes) and its the only significant strike to date doesn't mean it's the only way copper might be distributed in the region… is that a fair interpretation?

    http://www.proactiveinvestors.com.au/companies/news/55008/thundelarra-hits-it-big-at-red-bore-55008.html


    Analysis

    Thundelarra’s discovery of ore grade copper at Red Bore is value accretive and a clear sign that it is unlocking the riches present in the tenement.

    That the holes appear to have intersected the top of a breccia pipe / feeder pipe system has also substantially increased its prospectivity by opening up the possibility that it contains an intrusive-related system preserved in its entirety.

    This interpretation has already resulted in two further breccia / feeder pipe targets been identified from magnetic data.

    Notably, this represents a different model from the traditionally accepted DeGrussa VMS.

 
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