ESR estrella resources limited

"We've got global interest in what we are doing in Timor now", page-70

  1. 6,514 Posts.
    lightbulb Created with Sketch. 2055
    Yeah I'm still wondering what the potential value of a large manganese operation could be worth
    and thanks for your input on that .....

    Meanwhile I think one of the really gripping aspects ref ESR is the relationships made & the first mover advantage into
    whats is almost totally un explored territory

    Clearly there is a limit to what they can or might be able to do at once ...and I guess getting some validation of
    to resource estimates of what they might have ref the Manganese deposit is the first major step .


    Meanwhile .....

    A answer to a simple simple question about the similarities of the geology of Timor - Leste …with Papua New Guinea from Chat GPT

    "Timor-Leste is part of the Banda Arc, a region of intense tectonic activity that results from the collision between the Australian and Eurasian plates. This geological setting has created complex geology with a variety of rock types, from volcanic to sedimentary and metamorphic formations. The island has experienced significant uplift, folding, and faulting, which has shaped its current mountainous landscape.
    In terms of mineral resources, Timor-Leste has not been as extensively explored as some of its neighbors, like Papua New Guinea or Indonesia. However, its tectonic setting suggests some potential for mineral deposits, especially since mineralization is often associated with such plate boundaries. There are indications of minerals like limestone, marble, and, to some extent, chromite, but systematic surveys for metals like gold and copper are limited.
    Papua New Guinea is geologically similar to Timor-Leste but with more extensive volcanic and intrusive rock formations, which are often associated with large gold and copper deposits. This is why Papua New Guinea hosts world-class mining operations, like the Grasberg mine. For Timor-Leste, the likelihood of finding economically viable gold or copper deposits remains uncertain but is geologically plausible. A more detailed exploration, particularly focused on areas with volcanic or hydrothermal activity, would be necessary to determine if there are significant gold or copper resources."


    So maybe ESR might pick up some other stuff as well as Manganese .....

    Early days
 
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