Post by
SuneeDaze on Dec 31, 2019 10:41am
Today's NR...Highlights (lots of them)
So, there were a number of noteworthy points released in today’s nr.
Obviously the geophysics itself. As I said before, it is messed up…which is great! If you look at the map, regardless of your background knowledge, it is easy to see folding, breaks and lineaments (features in a straight line…often result of faulting, contacts, etc.). You want to see structures and deformation like this because it provides causes and pathways for mineralized fluids.
The area of interest is 1 km in length from the Eastern border, but is within a 12 km zone extending across the property. Oh, and that area of interest is interpreted as the LP Fault!
The nr also commented on rock types on the property…mafic and felsic volcanics as well as metasediments. A number of naysayers have stated that our property is all granites or just felsics…or whatever. Wrong! Mineralization in Dixie occurs along the LP Fault along contacts between the mafic and felsic volcanics. And on that property, the marker horizon for the gold is…metasediments.
And the correlation between Whirlwind Jack and Dixie (LP, rock units, etc.) is encouraging no doubt. But regardless of that, RGLD (on its own property) has integral geological features that lend itself to a gold mineralized environment.
It’s going to be interesting to see how exploration unfolds over the coming months…and the ensuing accompanying results.
Happy New Year!