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1.4¢ thor energy plc

Thanks mate, I will keep my eye on that tenement as time goes...

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JandJ

5,466 Posts.

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14/12/17

14:53

Post #: 29632688
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Originally posted by Bigsky ↑

Hi @JandJ

Had a quick look at the geo maps this evening. E45/4690 is located 95km SW of Marble Bar.

View attachment 877037

There is no MRB within cooee of this tenement and cong gold potential may be limited. Can't comment on lithium potential, but no prior mining is marked on the mapping.

View attachment 876998

Redstone Pty Ltd who is the vendor to THR has around 8km of strike of basal MRB sitting unconformably over older 3016-3350Ma aged rocks about 45km further east (E46/1169). As you know I am a fan of this kind of formation for cong gold. The downside is that Redstone applied for this tenement on 18/7/2017 along with a competing application from Greatland Pty Ltd, so presumably they will go into a ballot for it. If I was THR I would be looking at this tenement as well.

View attachment 877040

DYOR

Cheers

BS

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Thanks mate, I will keep my eye on that tenement as time goes by. But I reckon that if all MRB has nugget bearing congol underneath (it won't of course) then I will already be rewarded many times over.

Hi @mechturk -- just track back thru Bigsky's past posts to get an answer to your question. Well worth while.

You can't really ask a man to spend hours answering a complicated question like that before you DYOR first.

THR Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
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