The aeromagnetic survey results, coupled with the gravity data, have provided fundamental insights into the development of gold mineralisation in the Nagambie- Rushworth region.
Gold bearing fluids, sourced from deep crustal volcanic rocks have risen through
the major (gravity) fault pathways.
Where the deep crustal fractures meet the (relatively) shallow thrusts, mineralising
fluids can travel east or west to concentrate into the overlying, fractured Devonian
sediments to form deposits in near surface fractures within the folded rocks.
At these intersections, the host rocks are likely to be more fractured or folded,
presenting better fluid pathways and concentration for gold deposition.
Future exploration can now focus on such structural intersections. This eliminates large areas within the tenement holding, allowing Nagambie Resources to concentrate exploration spending in tightly focussed areas.
says it all for me
NAG Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
