Post by
dwightkerry on Feb 10, 2023 12:25pm
Phanerozoic Sedimentary Rocks = more than half world's gold.
Our project at Olivut "lies within the Interior Platform geologic province, a vast basin of Phanerozoic Sedimnetary Rocks..."
This enormous area Olivut has an interest in, is stretching hundreds of Kilometres and has seen almost zero searches for Gold.
And yet more than half the world's gold production comes from Phanerzoic gold deposits.
"One of the most areally extensive and economically significant belts of Phanerozoic gold deposits in the world is found ... stretching from Central America to the Western tip of Alaska."
This is the area and Rock formations we are in.
The rock formations we have could contain Mother Lode type of deposits according to other Phanerzoic systems.
Olivut has so much upside as it's huge land base has never been tested for gold and the current share price reflects that.
But let's hope Pierre makes a few calls and gets this going.As has been mentioned the shareholder base here has been very supportive and patient.