RE:RE:What IfIf we hit something ?
MINERAL DEPOSITS FORM THE MINE
If these mineralisations are considered economically viable to extract, they are called ore.
Several factors are considered when calculating the mineability of a deposit. Important factors are the cost of extracting the deposit, the metal content and its location. Copper ore with a content of 0.3 per cent is probably not worth extracting if it lies at a depth of 1000 m, but can be interesting if it is at the surface.
Exploration Drilling
The key exploration target for the Program will be a deep magnetotelluric (“MT”) low-resistivity anomaly initially identified in 2009 by a Titan IP-MT survey, and better defined by data reprocessing in 2018 as depicted in Figure 1 below. The anomaly trends NE-SW, is approximately 1,300 m long and 500 m wide, and is expected to be encountered at approximately 800 m depth in the location shown in Figure 1. An equally extensive induced polarization (“IP”) anomaly lies above and northwest of this MT anomaly. Historical drill holes that penetrated that anomaly contained low-grade copper and gold values.
Many ore minerals are heavy, magnetic or electrically conductive, and their presence in the bedrock shows in geophysical measurements.
M2
PS
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