Could a THOR Porphyry or THREE be worth Billions?WATCH: On YouTube: Taranis Resources channel:
https://www.youtube.com/watch?v=rpMK_FHNaYY
The search for Yamashita's Gold has hit a fever pitch in the Philippines. But is there any evidence that the treasure is real? Or should the legend be reinterpreted to include the MASSIVE gold discoveries that were made underneath abandoned mines after the second world war?
Let's take a deep dive into the mythology and geology of the Lepanto mine in the Philippines, comparing and contrasting that project with Thor. What lessons can we learn from Lepanto and the Far Southeast porphyry to simplify our exploration at Thor?
As it turns out, these deposits share a lot in common!
The more we drill and the more we review our data, the more it seems we're dealing with a deep porphyry system. We are flying a detailed airborne geophysical survey in the spring of 2022 to find out!
LEPANTO TOTAL RESOURCE (Linked Epithermal vs. Porphyry Size & Grade Ratios) (see chart in video)
Deposit Portion M tonnes % Cu Au (g/t) Ag (g/t)
Epithermal 36.3 2.9% 3.4 14
Porphyry 891.7 0.5% 0.7 N/A
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Total/Average 928 0.59% 0.8 N/A
Deposit Portion Tonnage % In Situ Value (US$) Oz Au M Lbs Cu
Epithermal 3.9% $17.6 Billion 3.97 M oz 2.320
Porphyry 96.1% $78.7 Billion 20.1 M oz 9.827
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Total 100% $96.3 Billion 24.0 M oz 12.147