RE: In a nutshell7 May 2024 23:34
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