ADT 0.97% $4.17 adriatic metals plc

My conclusion based on the grade-tonnage statistics of the Cu,...

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    My conclusion based on the grade-tonnage statistics of the Cu, Zn, Pb, Au and Ag above is that the company can probably throw away the idea that this is a pelite-mafic class Besshi-type VMS system. Maybe the geology is saying something different but the grades are saying there is a very small statistical chance.

    As mentioned at the bottom of my answer to your post on Rammelsberg, people have found links between the Kuroko Style (Bimodal-mafic type) VMS depoists and SEDEX styles like at Rammelsberg (see quote below) so on a purely probabilistic basis these bimodal types are probably what is more likely to be in play here as the scarcity of SEDEX style deposits puts them into more of a “lotto ticket” style category. A division two winning ticket is large biomodal-mafic type (>10Mt) with unusually high Ag and gold grades. Rupice has a reasonably good chance of being between 1Mt and 10Mt but a small chance of being >10Mt based on the average grades of the new drill intersections IMO. Then we have the known deposit at Veovaca, the IP anomaly that runs to the northwest at Rupice and the ~1MT historical occurrence at Jurasevac-Brestic plus IP and good geochemistry there on the mine adits. I don’t know how valid those 5km rights are so until the company announces some applications to extend or take new ground or ground having been granted, I’m not putting much value on those rights. I have not read anything official from the company in regard to the 5km rights, maybe someone else has seen something. Please post if I’d you have. Esh

    The Japanese Kuroko volcanogenic massive sulfide deposits display ore grades and sulfide-gangue zones almost identical to those of the Rammelsberg, providing a genetic link between VMS and SEDEX, the two main classes of syn-volcanic and syn-sedimentary sulfide deposits.
    Last edited by eshmun: 20/08/18
 
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