Technically Speaking, The Share Price Is Still Looking Good!But ignore the charts. Just accept the fact that our share price is once again, now trending higher!
This share price consolidation has taken some additional time.
It's hard to watch other explorer's, share prices rising, while we seem to sit here and longingly wait, for ours to do the very same thing!
Drilling results do take time to get properly assayed! For some, it seems to take, much too long!
For now, focus on the recent discovery of a massively thicker region of volcanic deposition called the 'build-up conductor' zone. It is a heavily, hydrothermatically, altered zone of mineralization.
This very thick alteration suggests that there may have existed in a later geologic time frame, huge amounts of hydrothermal convection cells, that continually sent, newly dissolved mineralization, over two km, back to the original site of exhalation, only to be recycled, over and over again!
The scale of this VMS deposition, must have been huge!
The deepest parts of Marshall Lake's, main VMS zone's, underlying structure, may have been, continually built up, over the passage, of a vast amount of time!
The presence of an already known, series of higher grade, stringer plates, does seem to suggest the presence of a much more valuable, larger scale ore body, much deeper down!
This much deeper MT target that the company has now drilled and must be assaying by now is only the first of four!
Massively sized stringer zones, thicker in size and with significant mineralization can offer up extremely valuable resources.
But are these four MT zones, really just, stringer zones?
Perhaps these so called 'stringer' zone' extensions are ultimately, all connected together, further down below.
Could they really represent the beginnings of a much more massive scale and very deeply running ore body that has been accumulating, heavily folding and distorting, by immense geologic tectonic forces and by hydrothermic events, directed towards it, over some considerable amount of geologic time?
It does appear that a series of consecutive and very important, volcanic undersea events, did occur, at and/or near, this very same site.
The much younger rock that appears east of the main Billiton ore body, called the 'build up conductor' zone, now drilled, gives the best indication that a later type of secondary, VMS deposition, actually did occur. This younger VMS, secondary feature, may also be, much more widely dispersed, in this same, more easterly direction, but perhaps, remains presently down dipping, and striking, back towards the east?
The geophysics used in this easterly direction may have only better defined, the most shallow tip of this very same feature. Many more of these thick kinds of VMS depositions may also be found nearby, at a later date, nearby to this very same, 'build up conductor' zone.
And they could be, all connected together! They may all be a part of this very same, secondary system of VMS deposition!
Could a more widely dispersed system of VMS deposition still offer up different zones of very differentiated, mineral deposits? Or would they all exist today as barren zones of worthless sulfated iron deposits?
Due to a unique folding geologic process, might there still exist further down, parallel in direction to the higher up, 'conductive build up' zone, tightly knit regions, each containing independent areas consisting of zinc, copper, silver or gold zones of valuable economic deposition?
Perhaps the main 'build up conductor' zone represents the part of a secondary depositional zone offering the highest concentration of purely sulfated iron formulations. And yet such a barren region might still may offer some insight as to the value of the overall deposit. It might have once been a zone with a different and more valuable composition. Hydrothemically altered by tremendously heated downward directed convection cells, much of the various mineralized and valuable solutions, may have now, all leached out! The volcananism may have ended prior the end of the leaching process caused by all of the heating and convecting solutions.
Perhaps some of the more traditional conceptual ideas about VMS deposits may also apply at Marshall Lake in a secondary depositional model where two different time frames also involve, older and much younger, volcanic rock, geologically, all connected together? It could be a most complicated, geological depositional situation.
There may still exist mushroom style, differentiated VMS depositional zones, still to be found in some of the deeper younger rock, where they lie, at the most, around two km away from a deeper and valuable ore body, hidden beneath the Billiton zone and the rest of the already best known, deeper stringer plates!
Build-up conductor zone connectivity with deeper dispersed depositions and/or extensions has not been, well detected yet. Parallel running, underlying deposits, may continue to dip deeper, further to the west, towards the main deposit! But any that exist, may have all been structurally folded in a slightly different way! The exact overall dip is less important than the direction of their strike!
The 'buildup conductor' may be a part of a much bigger VMS system. But within the limitations of the geophysics used at that location, only discoveries, nearer to the surface have been properly modeled. Only the most shallow of these depositions has been best defined and finally drilled. We still await those assay results!
Some deeper, north eastern and likely, parallel running, down dipping conductors, possibly moving in strike in a westerly direction, towards the main Billiton deposit, are less well defined, and might also, need to be drilled!
At it's best, the potential mineralization offered up by a secondary depositional VMS model, suggests that some significant addition of valuable mineralization could be made to the overall deposit.
At its worst, this model still offers value as having once been the source of some significant important past hydrothermal convection. Perhaps most of the valuable mineralization that might have still existed in the remaining zones of conductivity, lying to the east of the main Marshall Lake ore body, may have been, all leached out!
Perhaps only barren assemblages of mineralization, containing pyrite or pyrrhotite may remain, left still hidden, deeper in the east! But only future drilling, may determine that!
One might conclude that the most active VMS activity would cease prior to the cessation of all downward hydrothemic convectional activity. The last source of massive underground heating would gradually diminish over time. The leaching of the source rock by downward convective heating events might well continue, after any significant volcanic action, had finallly ceased!
Secondly, we know that much of the Marshall Lake property is also VMS in nature and it is also heavily folded and strained, or even faulted, by these same, huge geological, tectonic forces. Since a major fault zone runs directly across the property, several smaller, but similarly structurally, altered zones, have also formed nearby, this main event!
These zones of structural deformations are highly prospective for gold, as well as copper mineralization, here at Marshall Lake. Historical trenching and drilling, and more recent outcrop rock sampling, have already found, much evidence of these kinds of valuable mineralized structural alterations!
LIttle recent drilling has been done to date to confirm the economic significance of this kind of mineralization.
But it could prove to be a worthy endeavor in any attempt to increase the value of Copper Lake's Marshall Lake property!
Copper Lake's joint venture partner, Rainy Mountain Royalty, reveals on its web page (Marshall Lake claim map) that a larger scale, deformational area, aptly named, the 'Moose Lake Fault' zone, runs directly across the Marshall Lake property! But only Moose pasture, this region is not!
https://www.rmroyalty.com/site/wp-content/uploads/2010/04/marshall_claim_map.jpg Hopefully, our share price will keep on moving higher!
Why should our company's exploration efforts be constrained by a share price that is much too cheap?
Marshall Lake is a property that needs to be drilled. It costs money, to make it all happen, at a much faster pace!
For an explorer, private placements must be made, at least, until the time that their property is finally sold!
https://copperlakeresources.com/wp-content/uploads/2023/10/CPL-Annual-General-Meeting-2023-Final.pdf Such is this layman's model of Marshall Lake. What do you think?
Is this just a story of fiction, a pipe dream or an apparent fantasy, about to come true?
If you believe that the latter is this best case situation, why not add to the bid?
One day, each share could become extremely valuable to its owner!
And even one single, but large scale ore body, buried deeply within the Earth, is still a tale, well worth the telling!
But that's a story best up to Copper Lake management to fully define!
All the best! Java