ALR 20.0% 0.4¢ altair minerals limited

upper Bornite Zone?, page-16

  1. psk
    500 Posts.
    lightbulb Created with Sketch. 83
    @WhatLiesBeneath29 I undertook a similar analysis not long ago against the major IOCG deposits as I was concerned/confused by the lack of a substantial gravity anomaly at HWDD04. However, I did play around with the contour and gravity line settings and you do get a little anomaly there. Also handy to reference the Zonge MT data from a while back. The pink cross is my estimate of the rough location of the drill hole.

    https://hotcopper.com.au/data/attachments/2770/2770426-d7329397a8c2221e8efb995951cb2d2e.jpg
    Add on the breakdowns of the Eastern Feeder zone and it looks like they have drilled right into it:

    https://hotcopper.com.au/data/attachments/2770/2770462-6a24e422a2e103750032333cb029d6de.jpg
    Then overlay the Aeromagnetic targets and the MT, Magnetics and Gravity contour (noted it is not a huge anomaly) line up quite nicely.

    Think HWDD03 is a little further south and looks as though it could indicate the distal portion of a mineralised system (whether that is Oak Dam west or a separate system associated with HWDD04 as the more proximal drill hole remains to be seen).

    Also looked at what weight is given to TMI & Gravity and the pros v cons of both. Found an interesting article on the limitations of the data and what may skew it in the Gawler Craton and Mt Isa regions: https://www.tandfonline.com/doi/pdf/10.1071/ASEG2012ab278?needAccess=true


 
watchlist Created with Sketch. Add ALR (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $21.48M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $2.098K 519.6K

Buyers (Bids)

No. Vol. Price($)
9 11746954 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 16675231 22
View Market Depth
Last trade - 15.06pm 11/07/2024 (20 minute delay) ?
ALR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.