mark creasy may favour the ce prospect, page-74

reading what the company has said on their website they certainly believe they are onto something and 'have a magmatic system of significant scale'. much like with Fraser Range they are now looking at things in a different perspective to how things were historically undertaken and previously explored which is putting new light on their tenements;

"While the Walhalla – Woods Point District is mostly known for gold mining, high grade copper - nickel and PGE mineralisation also occurs within the belt. Both mineralisation styles are hosted by dykes from the Woods Point Dyke Swarm (WPDS), a series of ultramafic to felsic dykes occurring over a 75km long north-south belt which are now interpreted to be the “plumbing” for a magmatic system of significant scale. The same studies have also developed a co-genetic model for the gold and the “polymetal” mineralisation. Five key Cu-Ni-PGE occurrences are known within the WDPS and three of these lie with Orion’s tenement package (Figure 1, shown below). Despite these occurrences being known, sampled and, in the case of Coopers Creek, previously mined there has been only been sporadic exploration for polymetallic deposits (mostly in the 1970’s & 1980’s)."

"The new concept of a genetic relationship between polymetal and gold mineralisation in this district, as well as the model for polymetal mineralisation to be controlled by magmatic processes, has lead Orion to a new focus on exploration for polymetal, dyke-hosted deposits. The bulk of each individual dyke will likely exhibit only traces of sulphide mineralisation and minor Cu-Ni-PGE anomalism, however examples such as Coopers Creek clearly demonstrate the potential for accumulation of sulphides in structural traps, resulting in zones of high grade mineralisation. Subsurface geometry of each dyke occurrence is considered one of the crucial factors in the development of such zones of sulphide accumulation and high grade mineralisation. Orion recognises the opportunity presented by these unique deposits as well as their potential value, illustrated in Table 2 by the valuation of the metal content intersected in historical dirllhole CC003, as shown below."

"Orion’s gold exploration in Victoria is now directed towards structural targets evaluated to hold potential for laterally and vertically extensive shear-hosted bodies similar to the Cohen’s Reef style of mineralisation (which historically produced approximately 1.5Moz at >1 ounce of gold per tonne). Limited testing of potential bulk mineralisation targets, such as Holy Terror will also be conducted."