AN ELEPHANT IN THE MAKINGFor those interested and/or invested in ORX , the 2012 Technical Report on the Shining Tree Project should be mandatory reading material.
So I wanted to draw your attention to some very interesting statements from this report :
Current exploration has indicated that gold mineralization is more widespread than originally thought. It is related to structures and intrusions.
Vein systems trend in various directions with the most prominent being in a north-northwest direction. The north-south structures appear to exhibit the most significant control on the mineralization.
The exploration/deposit model is similar to that hosting the Matachewan deposits to the north and the deposits of Kirkland Lake to the north east.
Gold mineralization and sulphide minerals appear to be related to hydrothermal activity accompanying intrusion of syenites and intermediate to felsic porphyries.
Injection of hydrothermal fluids was localized along structural zones and vents resulting in vein systems and breccia deposits, creating both local high grade gold zones and larger disseminated low grade gold envelopes.
Visible gold was noted in several locations associated with quartz veining.
Further exploration work should focus on these structurally controlled, hydrothermal alteration systems. Lithogeochemistry shows the similarity of the alkaline gabbrosyenite intrusive with intermediate to felsic flows, porphyries and pyroclastic rocks/breccias suggesting a common genetic volcanic-intrusive link and the controlling factor in gold mineralization.
Taking into consideration the Juby Gold Project from Tahoe Resources adjacent to our south and connecting the dots , we can only come to the conclusion that our management has acquired a first class asset in a great jurisdiction and with excellent infrastructure.
I am very sure that some big names surrounding us are closely watching our progress the coming months at both Shining Tree and Mirado.
Good luck.
Long ORX