OAU 0.00% 1.0¢ ora gold limited

The mention of a copper anomaly No 32 in this report pricked my...

  1. 2,291 Posts.
    lightbulb Created with Sketch. 274
    The mention of a copper anomaly No 32 in this report pricked my memory that ORA/THUNDELARRA had previously mention a possibility of a VHMS target on their claims in the overall Abbotts field.

    i found this reference in a 4th Quarter report dated 30 September 2016. A year or so before this WA govt mines department report in 2017 - 2018 was released.

    In the quarterly by THX on page 5.. Figure 3 it reported on their Ascuns project the following.

    "Anomalous Cu and Zn in a black shale package MLTEM conductors and IP charge ability resistivity targets to be tested over a + 5 kms strike length . VHMS POSSIBILTY."

    In the image attached it is showing to conductivity plates away from the actual drill hole which intersected the Cu, Zn samples.

    So... Perhaps ORA have some re-thinking to do over the whole greenstone belt, looking for future gold discoveries and more VMS occurrences, of which it is well documented that VMS deposits generally come in clusters.

    One good aspect for shareholders is they have this area well covered.
 
watchlist Created with Sketch. Add OAU (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $73.40M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
6 950000 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1209503 6
View Market Depth
Last trade - 09.58am 12/11/2024 (20 minute delay) ?
OAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.