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Regal Resources Inc RGARF

"Regal Resources Inc, through its subsidiary, is engaged in the acquisition, exploration and development of mineral properties."


GREY:RGARF - Post by User

Post by gameofboneson Feb 07, 2018 5:29pm
61 Views
Post# 27522546

Geologist Peter Megaw's Golden Touch in His Search for Mines

Geologist Peter Megaw's Golden Touch in His Search for MinesGeologist Peter Megaw's Golden Touch in His Search for District-Scale Mines

Comments on the Sunnyside Project:

Sunnyside project in Arizona has also seen Megaw's involvement. "Barksdale has picked up what appears to be the source end of Arizona Mining Inc.'s (AZ:TSX) Taylor deposit. When you look around the Sunnyside porphyry complex, there are literally hundreds of prospects and dozens of old mines that mined high-grade sulfide veins in the volcanics that overlie the limestones that host the replacement and skarn mineralization at depth," he stated.

Megaw sees the carbonate replacement skarn porphyry system as zoned. "Think of an archery target. The bull's eye is the porphyry center, which is dominated by copper. Then you have concentric rings outward from there where progressively you go from copper to zinc to lead to silver to manganese. The relative dominance of one metal or another is important. And in this particular case, you get to throw a gram or two of gold in in different parts of this as well," Megaw stated.

Barksdale has submitted drilling permits. "In a place like Arizona, the permitting process for the federal forest service can be a protracted process. It's probably a year before they're able to start drilling," Megaw said. "That doesn't really bother me because there's a lot of legwork that needs to be done first," he added. "First of all, we need to get out and do some mapping and sampling and see if we can generate a metal zoning picture to understand where the best, richest part of the system is likely to be. There are some very inexpensive, low-impact geophysical techniques that we should be applying out there to see how deep we have to go to get to the good coherent limestone part of the package. So, there is well over a year's worth of work before there should be drilling out there. With any luck, the combination of timing and moving the project forward geologically should coincide, and it should be ready to drill in a year to a year and a half from now."


 

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