Horseshoe Lights vhms - some history, page-5

Good to hear from you again Blythefan.

I just realised that I missed some important words at the beginning of my initial post. It should have read:
'RNI has been saying for some time now that there is a geo relationship between Forrest-Wodger-Big Billy and Horseshoe Lights and it repeated that statement today.'

These are extracts from yesterday's ann:

'In addition to the mineralisation, the geochemistry from the assays also delineates certain rock types and suggests that the mineralisation at Wodger sits within a regional fold. This is an important geological feature as the mineralisation belonging to the proximal Horseshoe Lights VMS deposit sits within a similar fold structure.....

Geology

• Wodger, Big Billy and Forrest all sit within the Ravelstone Formation turbiditic sediments which sit above the Narracoota Fm Volcanics as part of the Bryah Basin package. The style of mineralisation and stratigraphic horizon is identical to the Horseshoe Lights deposit (re-mobilised VMS deposit) that sits 25km north-east of the Big Billy, Wodger and Forrest VMS prospects.'

These are relevant extracts form the 24/7/13 ann on Big Billy:

'The key components of this targeted corridor (include)...the identification of a key stratigraphic horizon between the Narracoota Formation meta-volcanics and the overlying Ravelstone Formation, that is interpreted to act as a prospective mineralising “trap”position. This position is analogous to the location of the Horseshoe Lights Cu-Au base metal deposit.'

'This widespread zone of highly anomalous copper and gold results is control by the folded and faulted contact between a package of mafic to intermediate volcanic rocks (Narracoota Formation) and a sequence of overlying sedimentary and volcano-clastic rocks (Ravelstone Formation). Mineralisation is in the form of disseminated copper oxides, carbonates (malachite) and locally stringers of sulphide (chalcopyrite) associated with quartz carbonate veins (SeeFigures3-4).

The interpretation of these results is that they demonstrate that an active copper-gold mineralising process focused along faults and the key stratigraphic contacts has been in place. These processes are considered to have the potential to develop into a significant accumulation of copper-gold mineralisation.'