George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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Hehe, sorry Danjo, hopefully I’m not making things sound more complicated than they are! The Cu:Sc map with the red/pink hotspots are showing areas where copper has accumulated (the blue areas are showing where it has been leeched from). The magnetic anomalies are showing areas where a higher than expected magnetic field has been detected during the airborne survey. They could indicate copper ore bodies, but there could be other causes as well. The fact that the two things are showing up consistently very close to each other suggests that they are most likely due to copper…. Let’s hope so anyway!
I hold my hand up and have to admit… SeisNev I look at your maps and have absolutely no idea what the hell they mean but omg I do like looking at them!!!
Great work, let’s hope we hit it big!!!
An updated map of the electromagnetic anomalies with a couple of others added which are close to Cu:Sc hotspots (Lumbeta and Kazozu).
I also noticed that drill number 55 at Cheyeza, which is the one suggesting a new deposit, deeper than all the other data, is directly in line with the indicated EM anomalies. Could that be the start of a bigger ore body?
https://twitter.com/NavSeis/status/1406711780454371335?s=20
Definitely agree we're sitting on the best copper deposits in Africa, we've even being told that by a Major! Only similarities is the Kamo Kakula mine in the DRC, which has been fully Jorc'd and proved up. AAL have tabled an offer, which was rejected. Which pretty much confirms that they want a transaction. People can't understand what that means? If no deal is made, we've RIO, BHP, IVANHOE, ZIJIN, FQM, to name a few other potential buyers who are in the African copper belt system! So fair to say a deal will probably be struck if AAL can't agree what Nick is asking for.
Thanks Kully, my background is in geophysics so I quite enjoy trying to piece the jigsaw together, although to be honest Arc could have made it a lot easier by putting all this information out there on one map! I feel like the more information I have, the more comfortable I am with my investment here and the easier it is to ignore the noise. It will undoubtedly get noisier as the EA deadline gets closer but I’m not concerned. Even if the negotiations with Anglo don’t end in a deal (I’m 99% sure they will) that doesn’t change the fact that we are sitting on what are looking increasing like some of the best copper licenses in Africa.
SeisNav, appreciate your input on this bb. Something different to the usual posts, including myself. All aspects of the drilling campaign, and David Wood input should help hit those missing copper oxides / sulphides from the Sentinel Mine. We just got to wait for the drill results in due time, and the clock is ticking for the EA. Creates uncertainty with some, opportunity for others. The recent comments from some have led me to believe that 'The Silly Season' is upon us. ATB.
It occurred to me that I hadn’t really looked at the data from the first airborne EM survey so I overlaid the EM map onto what we know already and the results are very interesting. At Fwiji, Cheyeza East and Muswema there are EM anomalies on the west side of the Cu:Sc anomalies. The drill data for Cheyeza and Muswema is showing the copper bearing rocks dipping to the west, towards the EM anomalies. In short, I think there is a very good chance that these anomalies are indicating the presence of bigger sulphides. We don’t have any drill locations for Fwiji otherwise I would have plotted them as well. I did contact Arc to see if we could get these locations but unsurprisingly I didn’t get any response! If these EM anomalies are indeed showing the presence of copper then we could be three drills away from proving up three major deposits….
https://twitter.com/NavSeis/status/1406157483471671297?s=20