Who said that the chalcocite veining was more akin to Thaduna than DeGrussa?
Hmmm. I wonder.
Nope, not remembering.
Anyway, I agree with this mystery person who looked at the vein with late quartz and chalcocite infill and began to doubt that it was a VHMS mineralised system (you'll note that AUR hasn't pushedd the VHMS word in that announcement; they must be coming to this realisation). This is late, late, late epigenetic mineralisation. it's likely a fault-hosted breccia. The magnetite alteration in the Ravelstone also is unlikely to be VHMS.
What does this mean? The diamond core will take a bit longer to log, they will get a structural wonk in to write a report, and they will resort to deeper diamond drilling on a new orientation to intersect a new structurally hosted vein chalcocite-bornite-covellite deposit in the volcanics and sediments.
Eg, if the mineralised vein is cutting across E-W, then the E-W oriented drilling might be pinging the edges of the mineralisation.
Just some guy's prediction. Overall no bonanza but with a bit of a rethink of the model here, the outlook is actually good. Just doesn't ring the ASX buzzword bell for "DeGrussa".
- Forums
- ASX - By Stock
- Ann: Wodger Drilling Intersects Multiple Zones of Copper Sulphide
Who said that the chalcocite veining was more akin to Thaduna...
-
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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 |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1216025 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 103729 | 0.030 |
1 | 218636 | 0.028 |
1 | 300000 | 0.024 |
2 | 200000 | 0.022 |
1 | 100000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 20000 | 1 |
0.034 | 194955 | 1 |
0.035 | 665000 | 1 |
0.036 | 58747 | 1 |
0.039 | 82835 | 1 |
Last trade - 16.12pm 12/11/2024 (20 minute delay) ? |
Featured News
AUR (ASX) Chart |
Day chart unavailable