KALAKA RECAP15 May 2023 01:29
RECAP OF EARLIER NOTE FOR ANYONE NEW
RE: Mark 15 Mar 2021 15:31
"MARK - KALAKA WILL MAKE LABOLA LOOK LIKE A BABY"
Had a detailed conversation with Mark on the KALAKA project which I found to be eye opening. On simply reading the RNS of 11th March, one would only get a basic idea of the project as the figures that accompanied the RNS would not have made much sense to non geologists like us.
IMPORTANT NOTE:
> The point to note is that the IP survey covered only a 1/3 of the licence area and therefore there is significantly more prospects to be identified in the remaining area.
(A)
> We have established a PROOF OF CONCEPT for the region. The CHARGEABILITY in the relevant target zones (K1A to .....K8) has been strongly establised. This chargeability responds to the presence of the Sulphides which indicates gold mineralisation - the coloured fraction in figure 3.
> The correlation between Sulphides and Chargeability is near perfect i .e the the mineralisation is directly related to the Sulphides present in the various targets.
(B) TARGET 7 on figure 3 (K1A prospect)
> Currently this has estimated tonnage of between 50 million tonnes to 100 million tonnes based on historical drilling. This is expected to grow / increase by between 50% to 100%. So effectively doubling the prospect on K1A.
(C) TARGET 8 on figure 3 (K1A prospect)
> This is a dead copy of target 7 and open to the north. Although no historical drilling has been done on this site, in tonnage terms, this will be a replication of target 7.
(D) TARGET 6
> This target is very unusual in that the data to the east of the target suggests that the rocks are different (i.e. black sedimentary like slate).
> Due to the CONTACT ZONE (forgot now what he meant by this) - expect something very different. Hoevever, what they do know is that, as in the case of K1A, this is likewise MINERALISED.
> And, if K1A is likely to double from 50 m tonnes to 100 m tonnes, target 6 is TWICE AS LONG.
>Some historical drilling in the past
(E) TARGETS 1 TO 5 (MAINLY 1 AND 2 AS WELL AS £ AND 4)
>Some historical
> These are viewed as VERY INTERESTING
>The area in the center is cross hatched
> It has a different rock type (Granite intrusive)
> It creates a pressure shadow means ultimately, the rocks on the edge are squeezed and broken. Hence, there is a dilation zone with lots of fractures appearing for floods of liquid to come up.
> The above creates a different type of target to others AND FORMS MUCH WIDER THAN OTHERS. There is much more propensity for fluids to come up and spread out. HENCE A BEAUTIFUL TARGET.
> The upshot of all this is that: (1) we have MORE TONNAGE and (2) DILATION ZONES HAVE MUCH HIGHER GRADES. JOG is the collateral term used to describe this - i.e. the mineralisation jogs to the left or right creating the dilation zone.
(F) UNMARKED TARGET
> South-East of targets 1 and 2 tracking North-East is yet another zone at a different angle - here there is m
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