Post by
Retiredgeo on Aug 08, 2024 7:32am
Buying
All 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.
Comment by
TAATInvestor10 on Aug 26, 2024 1:09am
Top post, as Dr QH from Crescat says just a matter of time until a big discovery! Same geological struce as Filo