Yes Goldfinger….. in total agreement. I’m not a geo but from my background research, reading and observations of the announcements, it is obvious that there is a huge conductive structure deep down which hopefully will be shown to have ‘fingers’ coming up below Burra, as they have been shown to be below Olympic Dam and related IOCG deposits up that way.
I tend to believe that all the surface mineralisation at Burra is sourced from the deep conductive structure and hopefully a shallow IOCG deposit sitting below Burra and I reckon that the fault structures around Burra provided plenty of “traps” for that and the Cobalt & other minerals that are being found. Both IVR and AMG have tenements with these fault lines & traps.
Let me also add one further thing as to why I have total confidence in AMG and not been influenced by a few petty, bitter naysayers on here based on what happened with an unassociated company years ago. I have researched just who is running AMG’s Burra project and I was pleased to find out that it is their Director Geoff Kidd with Nicole Gallaway-Worland as the Project Manager. I did well out of CWK where Geoff Kidd was their COO and have followed him for many years. Nicole Galloway-Worland equally has a totally honourable and well respected strong technical reputation in SA and I note that she is now the Competent Person for Burra.
I think that the project couldn’t be in better hands with Geoff & Nicole running it and when you see the manner in which AMG have assembled around 7000 sq. kms of prospective ground then retained Prof. Heinson and UoA to run the MT investigation, I can see Geoff Kidd’s stamp all over this. I’m staying in AMG and I reckon it will be an interesting and hopefully very rewarding ride.
AMG Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
