Eloise Copper Mine is situated 56 km east-southeast of Cloncurry, Queensland, Australia. The deposit was discovered by BHP Minerals in 1986 during follow up diamond drilling of EM anomalies associated with major aeromagnetic anomalies. The deposit is overlain by 60 m of Mesozoic cover. Amalg Resources NL commenced mining during 1995 by means of decline access and long hole-stoping. The total mineral resource comprised 1.77 million tonnes at 4.10 per cent Cu as at the end of June 2003. Proved and probable reserves are 930 000 tonnes at 3.97 per cent Cu.
Mineralisation is hosted within a strongly foliated Proterozoic meta-sedimentary sequence comprising arenites and schists. The metasediment sequence also contains a coarse-grained amphibolite body possibly representing an early intrusion of gabbroic composition. Economic mineralisation characteristically occurs as a number of steeply plunging lenticular bodies with strike lengths of between 100 and 200 m and maximum widths approaching 25 m. The principal orebody, the Levuka (B) Lode, displays a down plunge extension exceeding 1000 m and is open at depth.
Ore mineralogy is almost exclusively chalcopyrite with the principal gangue phases consisting of pyrrhotite + quartz + carbonate. A biotite + hornblende + magnetite assemblage represents locally intense mafic alteration of the metasedimentary host sequence. Magnetite is present in variable amounts and may be locally significant in some of the smaller satellite orebodies. Within the orebodies the sulfides display a range of textures from massive through to vein like. Sulfides commonly display brecciated textures at a range of scales.
Post-mineralisation faulting has severely dislocated the orebodies, resulting in a complex arrangement of fault bounded ore blocks. These faults display considerable variability in regard to strike, dip and amount and direction of throw. A recent review of the fault system by means of large-scale structure underground mapping, re-interpretation of drill core and 3D modelling has led to a significant improvement in the understanding of these structures. A significant upgrade of the geological database has accompanied the structural review. The overall improved understanding has aided the mine design processes with particular regard to decline and access development and pillar location. This has also impacted on the design of drilling programs and exploration for additional satellite ore zones. https://www.ausimm.com.au/publications/epublication.aspx?ID=1320
With no background, Eloise seems relatively smaller size, while if MEP is successful, I would bet far more bigger size.
My interpretation against fig. 3, regardless of its origin types such as IOCG or ISCG or VHMS or SEDEX,
it seems clearly shows sulphide in core (fig.3) is somewhere very distal or very far far from main source or feeder sills or
main ore body(ies) or main lodes(or lenses) whatever it says. So if MEP try very hard to find main source/body, definitely likely to exist somewhere.
Regards,
ps: please read my pre-post:.....either ways is neither 100% correct nor 100% wrong instead of 100% right. (My Australan is 2nd language)
MEP Price at posting:
9.2¢ Sentiment: None Disclosure: Held