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ron wrote:
meguma wrote: Reading up on IOCG, specifically Olympic Dam. Here is some food for thought.
The original (and mother of all) IOCG deposit, Olympic Dam was discovered by Western Mining (WMC). The first hole RD-1, completed in July 1975, hit about 40m averaging ~1% Cu. Most holes after the initial discovery intersected between 10 to 90m averaging ~1% Cu, until hole RD-10, completed in November 1976, which "revealed a 200-m-thick interval of mineralization containing spectacular, large masses of chalcocite, bornite, and chalcopyrite, with my early visual estimates of grade ranging from 2 to 4% copper over drill core intersection widths ranging from 100 m to 200 m!". (RD-10 official assay 170m of 2.12% copper and 0.06% uranium oxide.).
citeseerx.ist.psu.edu/viewdoc/download?d...13&rep=rep1&type=pdf
thanks for posting,we'll keep those numbers in mind,170m of 2.12%,if zonte could have half of that,the stock would fly well over $1 easily.
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meguma wrote: Reading up on IOCG, specifically Olympic Dam. Here is some food for thought.
The original (and mother of all) IOCG deposit, Olympic Dam was discovered by Western Mining (WMC). The first hole RD-1, completed in July 1975, hit about 40m averaging ~1% Cu. Most holes after the initial discovery intersected between 10 to 90m averaging ~1% Cu, until hole RD-10, completed in November 1976, which "revealed a 200-m-thick interval of mineralization containing spectacular, large masses of chalcocite, bornite, and chalcopyrite, with my early visual estimates of grade ranging from 2 to 4% copper over drill core intersection widths ranging from 100 m to 200 m!". (RD-10 official assay 170m of 2.12% copper and 0.06% uranium oxide.).
citeseerx.ist.psu.edu/viewdoc/download?d...13&rep=rep1&type=pdf
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