RE: Greatland Gold commences maiden drilling campaign at Paterson South - Shares Magazine28 Jun 2023 07:43
Hi MH
You have to remember Havieron is still unique in orebody terms, to find another within a few kilometres would be like finding 2 needles in a haystack.
That being said Stingray’s inversion shell looks absolutely enormous.
Look at the section showing Decka Stingray and Havieron:-
https://polaris.brighterir.com/public/greatland_gold/news/rns/story/w03v06w
3 different modelling techniques have been used giving hugely varying sizes.
Decka has had a forward model and is the smallest, they haven’t mentioned any conductors there but they are intending to drill so could be like Pearl, ie drill and remodel.
Havieron has had a susceptibility value survey on it by Callum I think and this was how he found it. The value though he used was fairly high so when you look at Havieron’s inversion shell on that section it doesn’t look that big compared to Stingray.
Stingray has had a lower susceptibility value survey on it which has produced this enormous inversion shell.
Within it they have located a conductor. This is 600m away from where Rio drilled and found copper and bismuth.
Everybody might say oh not again but it looks like Rio drilled on the edge of magnetic anomaly, ok they missed it.
The inversion shell is 3km N to S, the mineralisation could be 1km -1.2km but the conductor needs to be mineralised.
One clue already that it maybe is that they have already mentioned about bismuth but also it’s pyrrhotite and not magnetite
Pyrrhotite 👍
Magnetite 👎
Top of the orebody is around 250m undercover, the bottom of the inversion shell is down to magnetic survey limits around 1200-1400m
Looks very promising
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