Why EEE...25 Oct 2022 19:51
Pitfield confirmed as having all the hallmarks of a "Giant" copper mineralised system, potentially containing multiple sediment-hosted stratabound copper (SSC) deposits.
· An exceptionally large, magnetic anomaly, extending over 40km N-S has been identified at Pitfield.
· SSC deposits are globally significant geological systems which deliver ~20% of copper production globally and are often very large and high-grade deposits.
· The Pitfield geological setting compares favourably with the sandstone sub-type of SSC, exemplified by the massive Udokan Ore Region in Russia.
This is major...