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Tagged with: PayDirt

Jun 2018 - Sampling Sandstone

Soil Sampling Works at Sandstone

On 13 & 14 June 2018, Alto (AME) reported the progress of its soil sampling program at its mostly wholly owned Sandstone goldfield and discovery of a ~1.3km x 1.3km anomaly south of the Bull Oak open-pit, of which ~30% of the assays have values >30ppb. The actual distribution reported includes 42 assay samples between 31 & 100ppbAu, 17 from 101 to 300ppbAu and 3 >300ppbAu. The significance of >300ppb and the cluster in the >200ppb area shown in the figure is that from what I recall, an ~300ppb gold-in-soil anomaly usually inferred that it could/should result in a gold mine, as illustrated by the Plutonic gold mine having been based on a ~300ppb gold anomaly.

Jul 2018 - Typical SA Gold Mine

A Typical South African Gold Mine

To some degree this description is due to some of the spectacular statements still being made in conferences by various companies (initially Artemis/Novo, followed by a number of others) about the mega-moz potential of their Pilbara gold-bearing conglomerates on the basis that they are similar to South Africa’s Witwatersrand basin gold conglomerates and were formed at about the same time, being ~2.4bn to 2.8bn years ago.

Aug 2018 - Northern Star Auto

Northern Star Leading the Charge into Automation

At the Adobe Symposium Conference in Sydney on 15 August 2018, Adobe included its latest product, namely Adobe Sensei that uses a blue dot and Artificial Intelligence (AI) to result in mind-blowing advances in terms of graphics and marketing capabilities. Although AI, robots, innovation, and automation are all advancing at an accelerated pace, it was stated that only 9% of the top ASX companies were embracing automation.

Nov 2018 - RNC Beta Hunt Gold

RNX/RNC’s Beta Hunt Gold Discovery

This comment has been mainly drawn from a presentation that RNC (Royal Nickel Corporation - RNX.TSX www.rncminerals.com ) made at Kerry Stevenson’s Symposium Conference in Perth in October 2018, plus post presentation discussions with RNX, RNX’s November 2018 presentation and ERA’s own knowledge from visiting Beta Hunt in 2005 and 2006 (reports available on the eagleres website) when it was owned by Consmin (CSM).

Jun 2019 - Back to 1984!

Google Earth can go back to 1984!

The following comments are based purely on observation. While writing a research report for Red5 (RED) I wondered if it was possible to see on Google Earth when the bund wall for the ~20Mt No 5 Tailings Pond had been built at RED’s 100% owned King of the Hills (KOTH) mine. Also, whether the wall failure that occurred in the KOTH north pit, which effectively closed the open-cut operations in 2004 could be seen (before and afterwards).

Sep 2019 - The Next Nova

The Next Nova

Despite the many exploration dollars spent in the Fraser Range, both before and increasingly after the discovery of Nova in August 2012, nothing else of material significance has been discovered apart from Creasy’s Silver Knight in July 2018, ~25km NE on strike of Nova. At the dinner after the Nova visit ahead of Diggers in August 2019, it was stated that the three potentially promising “players” for the next discovery in the Fraser Range were regarded as Independence (IGO), Creasy (private) and Legend (LEG).