RE: Molopo farms...19 Dec 2020 08:36
james, I posed a question at the webinar which expressed similar concerns which was considered to technical for a non-geologist to answer and was asked to refer it direct to the Company which I have done; replicated below.
That said, I think you may be taking to dim a view of the results. Do not forget there are two targets and the secondary target, large Nickel Sulphide deposits is still very much a possibility which wont be announced until assay results have been completed. Also, the down hole probes may well have revealed a large lower than expected target which may have prompted the company to employ the services of these new companies to verify and better target future drills. Also, don't forget that drill 2 did find ultramafic material at the expected depth and the layer may well continue in a continuous layer across the remaining drill sites.
Paul,
I asked a question at last night's webinar which you requested be emailed for technical referral;
"Do the results from the first two drill holes at Molopo Farm mean that it is extremely unlikely that there is a lateral continuity of magnetic lithologies as lenses at least several hundred metres in strike as originally predicted from 3D modelling"?
The reason I asked the question was because drill 1 found the ultramafic layer at a higher level than the target depth and at a different level to drill 2 and hence would seem to indicate it is discontinuous between holes 1 and 2 and hence probably not commercially extractable.
From the KKME site "All past exploration of the Molopo Farms Complex (MFC) has focused on finding Platinum Group mineralization similar to the Merensky Reef mineralization in the contemporaneous Bushveld Complex of South Africa.
This historic exploration did locate Platinum Group (and nickel) mineralization in individual drill-holes, but which was found to be laterally discontinuous. Our examination of drill core shows that the MFC is intensely deformed (away from the Jwaneng-Makopong Shear/Feeder Zone) by both ductile and brittle structures to explain the lateral discontinuity, both of mineralization and any lithological layering.
The deformation is accompanied by intense alteration of primary minerals, notably the replacement of olivine by serpentine and magnetite. The potential for major Ni mineralization was ignored despite anomalous showings of this metal in soils, borehole water and drill core analyses.
The primary target for KKME is Ni-Cu-PGM mineralization in the geophysically delineated major ENE-WSW Jwaneng-Makopong Shear/Feeder Zone through the centre of the MFC. KKME’s re-interpretation of the available geophysical data shows that individual lithological units are deformed into laterally continuous lenses parallel to the ENE-WSW strike of the host shear/feeder zone.
Hope this clarifies the question
Interim response received "I have shared your technical query internally and will respond shortly."
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