RGLD's Property:Whirlwind JackAnd this is in response to comments on other boards that their property is bigger or their property is closer or their property is...well, you get the idea. My apologies for the length...a little weekend reading. If you take a few seconds and check the links, you'll clearly see my reasoning.
Ya, all those factors above are nice, but what is even more important is the property's geology: rock types, structures, mineralization, alteration, etc. I personally feel that RGLD's Whirlwind Jack property contains many of those compelling requisites, sharing many of the features that are integral to their contiguous neighbour, GBR's Dixie project.
It's important to note that according to a 2015 MNDM report the geology in the area is poorly understood because only 1-2%...that's 1-2% of the land surface is rock outcrops, so maps involve a lot of extrapolation....remember that for later.
Until we begin our own exploration, we must rely on comments from GBR with respect tp gold mineralization controls. Obviously, most investors are aware that the LP Fault is key to controlling gold mineralization, and in the northwest zones (Bear Rimini) felsic volcanic rocks are also integral as is silification. In particular, we know that GBR feels that the LP Fault is key to mineralization on the entire property and they are showing that now by deploying 3 drills to drill along the strike length of it on
their property.
From GBR's slide presentation:
...BR Zone – high grade gold in silicified felsic lapilli tuff associated with wide-spread anomalous gold and a regional scale deformation zone...
...High grade gold is localized within silicified coarse grained felsic volcaniclastic rocks. The zone is proximal to a large fault zone (LP Fault) the fault zone is marked by anomalous gold values... First off, if you look at the link below to RGLD's site, you'll see a copy of a geophyisical map that clearly shows signatures from rocks and structures trending from Dixie onto RGLD's property.
https://www.redlakegold.ca/whirlwind-jack-gold-project Now, If you scroll to page 6 of GBR's presentation, you'll see a property geology map that clearly shows the LP Fault and the felsic vocanics (yellow coloured) trending nothwest to our property...
https://www.greatbearresources.ca/site/assets/files/3773/geology_presentation_may-23_2019.pdf And if that's not enough, if you have a look at PAC's website and scroll down, you'll see a property map of the entire region. Our property isn't labelled, but you can see it in grey, connecting in the NW of Dixie (juts up to north and to west). Now look from Dixie northwest. Our property is located on trend from Dixie towards Starratt-Olsen Mine, Wedge Zone and Pure Gold's Madsen Mine.
https://www.pactongold.com/projects/canada/red-lake-ontario/ That's right, Whirlwind Jack is aligned not only with Dixie but 3 significant deposits (2 mines) as well as Pacton's property to the northwest. However, as I've said, this isn't just about proximity to others, though we're right in the middle of elephant country. It's about having a property that has the right geology condusive to hosting gold mineralization which it sure looks like RGLD's Whirlwind Jack has.
It's going to be an interesting exploration program which I'm sure will garner further excitement, interest, speculation and price appreciation.
Have a good night.
Oh, also remember the geology map is a very general regional view...and also remember the lack of rock outcrops showing (only 1-2 %). The last thing GBR wants to do is show key features trending onto neighbouring lands (e.g. north fault). Because should those neighbouring lands lapse due to inactivity, you can bet GBR will be all over them. It won't be until we do extensive exploration work that we discover the features of Whirlwind Jack. Should be interesting!