AUR 0.00% 0.7¢ auris minerals limited

That's ok! It is often called an iron oxide gossan. Finding a...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,557 Posts.
    lightbulb Created with Sketch. 154
    That's ok!

    It is often called an iron oxide gossan.

    Finding a surface gossan just like the one in the picture i posted was a popular way for explorers to identify mineralisation below. They were exploited for that reason and so there are probably not that many left to find. Ross's Reef is one though and is underexplored!

    Horseshoe Lights vms was discovered that way by a couple of individuals back in about 1946, but they were looking for gold. They missed the copper!!

    There was a gossan at Red Bore (THX).

    Erosion takes its toll over hundreds of millions of years, and to the extent in some cases that the clear evidence of the gossan has gone. Your mention of a gossan might not be erroneous therefore, as I would expect one to have been around Wodger, one at Forrest too. Whilst the surface expression may have long gone, the mineralisation would still be below, or at least that part that has not disappeared over time. My guess is that this is a gossanous area.

    Wiki: Gossan (eiserner hut or eisenhut) is intensely oxidized, weathered or decomposed rock, usually the upper and exposed part of an ore deposit or mineral vein.
 
watchlist Created with Sketch. Add AUR (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $2.383M
Open High Low Value Volume
0.6¢ 0.7¢ 0.6¢ $14.8K 2.460M

Buyers (Bids)

No. Vol. Price($)
2 811638 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 736892 4
View Market Depth
Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
AUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.