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Fatboy1nc7 May '24 -
Once holders understand the significance of David Wood's (DW) missing copper theory against the now verbal confirmed mineralisation fluid flows. Arc could well be heading to double digits very quickly on SP.
Despite all the uproar over the IC... seems only 3 people have noticed the reason/importance of the call on the BBs. I'm personally excited Ella, you? Oh yes... Karl being the 4th! Was he told, or did he figure it out?
So why mention Nguba you ask?
For that we need to go back to a 2019 RNS. This adds a bit more of a layer of info for you and how it interacts with the present Anglo methodology, as described on the IC last week:
hxxps://www.arcminerals.com/news/rns/rns-details/2019/Large-New-Target-Identified-at-Zamsort/default.aspx
"The Central African Copperbelt has been a focus of exploration and mining activity since the 19th century.
There has been recent success in discovering copper deposits at stratigraphically higher positions adjacent to and outside of the typical Copperbelt (e.g. the Frontier Deposit, at the top of the Mwashya Group east of the Zambian Copperbelt, the Sentinel Deposit within the middle Mwashya Group and the world-class Kamoa Deposit at the base of the Nguba Group).
Given the proximity of the Zamsort licence to the Sentinel Deposit the potential for mineralisation within a typical stratigraphic settings, or concealed under Kalahari cover, is considered high."
Let me quote this passage again from 2019 (making more sense as you continue reading):
"There has been recent success in discovering copper deposits at stratigraphically higher positions adjacent to and outside of the typical Copperbelt (e.g. the Frontier Deposit, at the top of the Mwashya Group east of the Zambian Copperbelt, the Sentinel Deposit within the middle Mwashya Group and the world-class Kamoa Deposit at the base of the Nguba Group).
Given the proximity of the Zamsort licence to the Sentinel Deposit the potential for mineralisation within a typical stratigraphic settings, or concealed under Kalahari cover, is considered high."
Historically copper mineralisation in the Copper Belt is associated with Ore Shale in the lower Roan below Nguba. (Yes Ella... Nguba is above the Roan, Seis is wrong on that Tweet).
So why all the excitement? Now comes the good bit Ella... which most people have missed!
During the technical handover VC did mention the Nguba formation... I've had a team of translators and audio specialists working on it for a few hours, see below:
"Anglo commenced with the joint venture's first diamond drill hole that went down just short of 930m.
Drilling this deep hole is to validate the geological stratigraphy that may be conducive to metal concentration and refine the exploration strategies.
Cont....
The diamond drill hole was collared quite high up in the stratigraphy in the Nguba formation and intersected 4 stratigraphic packages and evidence of metasomatism with the intensity increasing with depth and more importantly provided evidence of fluid flow within this part of the basin where the hole was being drilled, initial indications from this hole.
And that's just the first hole drilled. The area is not only prospective for copper, but also for nickel, which to be fair is probably not unexpected, given that on the other side of the dome First Quantum are mining copper and nickel at present from their Sentinel and Enterprise mines respectively".
Give me ears to listen. Give me eyes to see. Give me FB!
So the reason Anglo collared their hole in the Nguba (startigraphic formation above the Mwashia) is to ensure that they intersected all the stratigraphies known to host copper mineralisation. I think NvS describing them as "traps".
Remember mineralisation permeates upwards from the basement of the Roan... as VC has stated:
"The diamond drill hole was collared quite high up in the stratigraphy in the Nguba formation and intersected 4 stratigraphic packages and evidence of metasomatism with the intensity increasing with depth and more importantly provided evidence of fluid flow within this part of the basin".
Would seem that Anglo stopped quite high up in the stratigraphy of the our Nguba formation at 930m down hole (See above 2019 RNS for positional reference).
Could also imply more mineralisation observed on the way down to the Ore Shale in the lower Roan (intensity increasing with depth). Could Anglo be looking to establish a basement default depth on the Roan?
Remember as you move towards the Domes Region, mineralisation can be found in much higher stratigraphy, given the age of the formation. Sentinel saw Copper and Nickel at 520m down hole within the Nguba formation (typical). We are now at 930m and still repeating traps of mineralisation on an increased depth.
This is MASSIVE and the potential is unreal given the size of the area... so a potential Tier 1 seems likely! I have always believed that to be the case!
Just to add credence to that statement… on the operational update NvS has now cunningly added the following reinforcement on the opening paragraph:
"Arc Minerals, an exploration company forging partnerships to discover and develop Tier 1 copper deposits".
This will hopefully be the reason why DW was requested to come to site by Anglo last December... study the mineralisation, especially the Copper + Nickel mix, adding weight to Sentinel's missing copper theory (fault line).
Right now I don't claim to understand Anglo's corporate strategy behind not allowing more information to be released... could be Anglo's way of having a silent corporate orgasm!
All I know is Arc has been gagged from releasing (printed) sensitive information without the written consent of Anglo.
I see that I wrongly tweeted that the Nguba formation is below the Roan formation when of course as has been pointed out it's actually overlaying the Roan. I think there's a bit of confusion over terminology though. I believe when Vasillios is talking about collaring quite high up in the sequence in the Nguba formation he's talking about at surface not at the end of the hole. The lowest stratigraphy they encountered was the Lower Roan at 930m so presumably this continued further down beyond the drill.
The diamond drill hole was collared quite high up in the stratigraphy in the Nguba formation and intersected 4 stratigraphic packages and evidence of metasomatism with the intensity increasing with depth and more importantly provided evidence of fluid flow within this part of the basin where the hole was being drilled, initial indications from this hole.
And that's just the first hole drilled. The area is not only prospective for copper, but also for nickel, which to be fair is probably not unexpected, given that on the other side of the dome First Quantum are mining copper and nickel at present from their Sentinel and Enterprise mines respectively".
Give me ears to listen. Give me eyes to see. Give me FB!
So the reason Anglo collared their hole in the Nguba (startigraphic formation above the Mwashia) is to ensure that they intersected all the stratigraphies known to host copper mineralisation. I think NvS describing them as "traps".
Remember mineralisation permeates upwards from the basement of the Roan... as VC has stated:
"The diamond drill hole was collared quite high up in the stratigraphy in the Nguba formation and intersected 4 stratigraphic packages and evidence of metasomatism with the intensity increasing with depth and more importantly provided evidence of fluid flow within this part of the basin".
Would seem that Anglo stopped quite high up in the stratigraphy of the our Nguba formation at 930m down hole (See above 2019 RNS for positional reference).
Could also imply more mineralisation observed on the way down to the Ore Shale in the lower Roan (intensity increasing with depth). Could Anglo be looking to establish a basement default depth on the Roan?
Remember as you move towards the Domes Region, mineralisation can be found in much higher stratigraphy, given the age of the formation. Sentinel saw Copper and Nickel at 520m down hole within the Nguba formation (typical). We are now at 930m and still repeating traps of mineralisation on an increased depth.
This is MASSIVE and the potential is unreal given the size of the area... so a potential Tier 1 seems likely! I have always believed that to be the case!
Just to add credence to that statement… on the operational update NvS has now cunningly added the following reinforcement on the opening paragraph:
"Arc Minerals, an exploration company forging partnerships to discover and develop Tier 1 copper deposits".
This will hopefully be the reason why DW was requested to come to site by Anglo last December... study the mineralisation, especially the Copper + Nickel mix, adding weight to Sentinel's missing copper theory (fault line).
Right now I don't claim to understand Anglo's corporate strategy behind not allowing more information to be released... could be Anglo's way of having a silent corporate orgasm!
All I know is Arc has been gagged from releasing (printed) sensitive information without the written consent of Anglo.
YADDA YADDA YADDA YADDA
You do love a copy and paste don't you dear, proven to be incapable of formulating your own reply time and time again.
The games up mucker go concentrate on yot ladyboys xx
Atvb
Siuya.