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Ann: Completion of TD 002 at the Turesi Prospect, page-16

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Pinkie38

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26/04/18

11:26

Post #: 32690440
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Originally posted by Scarpa ↑

Not much to add to my posts from the first hole. The key term is silicified pegmatite which confirms they are still seeking to find the main pegmatite body. A partially different concept to pegmataite stringers in part. This image here sort of shows what silicified pegmatite means (in simple terms as picture appears basic). Basically need to find the main body. The pegmatite stringers may come from teh same body so a question here is the area overlayed by one or two pegmatite bodies - I don't know but further drilling will decide?

For anyone that is interested, SYA reported something similar in one of its exploration programs and I'll just put that announcement below because this is the interesting part in that announcement is that they didn't think that part would contain much spod in the silicified pegmatite if at all, but stated the rocks underneath are likely to contain spod (so finding the main pegmatite body a key here for GPP). All IMO

www.asx.com.au/asxpdf/20170508/pdf/43j3btm9qgsdhf.pdf (if this link does not work the SYA announcement is dated 17 May 2017.

This page that is brought up in this search is interesting. Essentially alludes to the same thing of GPP needing to find the main pegmatite zone.

https://books.google.com.au/books?id=LT5SAQAAMAAJ&pg=PA383&lpg=PA383&dq=silicified pegmatite&source=bl&ots=R5pjHu93Df&sig=ga6M5wJgiKO8gp1uMZkGTWmprrE&hl=en&sa=X&ved=2ahUKEwjPpaKVy9baAhWIu7wKHR60Dq8Q6AEwBHoECAAQSA#v=onepage&q=silicified pegmatite&f=false

The other term pervasive pegmatites is also important, which when combined with the term silicified pegmatite gives the flavour of something bigger can be present (where is the issue). @anatol is also correct that some silicified pegamatite components are not good at all so time will tell. From recollection the colouring here in the trench photos was more white to purple in a previous Ann (the one in the trenches - not green as that colour can imply something ese here when the term silicified is branded) so that is a good thing. So this post is in addition to my posts from the first hole and basically the key comment is they are still looking and needing to find - also not sure why the rest of my post is in italics as can't change it.

@Tragore, the simple answer to your question is don't know. The other unfortunate part is how far the stringers go etc etc and will we intersect the main body in this campaign (if at all). That is teh risk as 1 in 50 exploration plays ever make it to mining, but high reward if your project does make it to mining (but also high risk of losing it all as well). Time will tell

All IMO

All IMO

Expand

SYA’s announcement refer to rock chip assays and it wasn’t from drilling program. They are also refer to chip samples on the surface. “Weathered silicified cap-rock on the surface.”

GPP’s results refer to silicified pegmatite. Big difference. First hole confirmed the stringers and now the second hole confirms the presence of pegmatite.

GPP Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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Ann: Completion of TD 002 at the Turesi Prospect, page-16

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