Oakover River
Posted: Thu Jun 15, 2023 2:37 pm
Another application
This was Encounter resources until recently.
It sits on the Tabletop fault line on the NW trend between Nifty and our Tabletop 2 anomaly.
They did an AEM survey just before it lapsed on part of this licence.
I can’t find why it lapsed but Encounter demerged part of its business that had this licence in 2022.
They’ve said it’s a zinc area but they’ve located a copper sulphide deposit, one older drill found 26m @0.6% copper
2 diamond drills were drilled in 2021 unfortunately I haven’t found the results yet.
Underlying molten magma coming up the fault seems to be the source.
A few other small companies like Rio and Fortesque have applied for parts of this licence but Ggp has gone for the bigger area.
This was Encounter resources until recently.
It sits on the Tabletop fault line on the NW trend between Nifty and our Tabletop 2 anomaly.
They did an AEM survey just before it lapsed on part of this licence.
I can’t find why it lapsed but Encounter demerged part of its business that had this licence in 2022.
They’ve said it’s a zinc area but they’ve located a copper sulphide deposit, one older drill found 26m @0.6% copper
2 diamond drills were drilled in 2021 unfortunately I haven’t found the results yet.
Underlying molten magma coming up the fault seems to be the source.
A few other small companies like Rio and Fortesque have applied for parts of this licence but Ggp has gone for the bigger area.