The rock chip is taken from outcrop in a river or on the sidewalls of a river. Being in a high rainfall area the rivers rapidly erode the hills exposing rock. I have taken many myself in PNG and Indonesia.
Photos show the rock samples to be slightly oxidized sulphides also suggesting rapid errosion.
The Au:Ag ratio in Central Creek is unusual - I am not sure what to make of it. Usually high base metals are associated with high Ag.
I can see two things they need to check:
The strike of the mineralisation is believed to be ~E-W but the rivers are running ~N-S. It is possible that there is a N-S structure that intersects the E-W structure and gives the high grade. Their mapping should confirm/refute this.
Photos of the sample site show an extremely smooth rock face making sampling with a chisel or G-Pick very difficult. It should get a portable diamond saw to check the results.
The creek photos bring back memories - I started scratching imaginary leach and mosquito bites.
- Forums
- ASX - By Stock
- LNR
- what a scam
what a scam, page-11
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $148.2K | 49.40M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 5975987 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 31407959 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 5975987 | 0.003 |
37 | 31570186 | 0.002 |
16 | 71023078 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 31407959 | 24 |
0.005 | 21703661 | 25 |
0.006 | 12367539 | 15 |
0.007 | 9935902 | 12 |
0.008 | 26241792 | 8 |
Last trade - 14.28pm 07/08/2024 (20 minute delay) ? |
Featured News
LNR (ASX) Chart |