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Mogotes Metals Inc. V.MOG.WT


Primary Symbol: V.MOG Alternate Symbol(s):  MOGMF

Mogotes Metals is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties in Argentina and Chile. Currently, the business objective of the Company is to identify a mineral resource at the Filo Sur Project.


TSXV:MOG - Post by User

Post by Retiredgeoon Aug 08, 2024 7:32am
219 Views
Post# 36169045

Buying

BuyingAll of those colourful copper sulphates are telling you that there was Copper and Sulphur (chalcopyrite, bornite, covellite, chalcocite, enargite etc) at or near surface.  The Alunite/Jarosite, clay minerals, pyrophyllite, native Sulphur and vuggy quartz are all telling you that they are in the lithocap(s) (uppermost region) of one or more porphyry intrusions.

The geology/mineralogy uncovered to date strongly suggests that MOG has multiple mineralized porphyry intrusions on their property.  Their proximity to Filo del Sol suggests that they could be in the same league as Filo del Sol.  The assays of next season's drilling won't be released until 2025 but I'm not waiting.  I am taking advantage of any dip to accumulate.  I suspect that a lot of big players are doing the same and that explains the high daily volumes that we have been seeing.

I'm not expecting much from last season's drilling.  Maiden drill holes on blind targets are akin to poking your head out of the water to see where you are.  They will use these holes to vector in on the good stuff next season.




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