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Little quiet on the home front today. Nice to see a positive
finish. Happy V-Day to all. Don't forget the flowers.
DESCRIPTIVE MODEL OF SOLUTION-COLLAPSE
BRECCIA PIPE URANIUM DEPOSITS
By Warren I. Finch
BRIEF DESCRIPTION
SYNONYM: Collapse breccia pipe deposits, sedimentary breccia pipe deposits, Orphan Lode-type deposit.
DESCRIPTION: Uraninite and associated sulfide, arsenide, sulfate, and arsenic-sulfosalt minerals as disseminated replacements and minor fracture fillings in distinct bodies in near-vertical cylindrical solution-collapse breccia pipes, 30-175 m in diameter and 1,000 m in length. Pipes located in flat-lying upper Paleozoic and Triassic rocks restricted to the Grand Canyon region in the southwestern part of the Colorado Plateau.
TYPICAL DEPOSITS: Orphan Lode (Chenoweth, 1986; Gornitz and others, 1988), EZ-2 (Krewedl and Carisey, 1986), Pigeon (Schafer, 1988) all in Arizona.
RELATIVE IMPORTANCE: One of two dominant high-grade sources of United States uranium production in 1987; expected to be major source of future uranium production within the United States.
COMMODITIES: U
OTHER COMMODITIES: ± Cu± V± Ag± Au
ASSOCIATED DEPOSIT TYPES (*suspected to be genetically related): *Sandstone uranium; supergene enrichment of Cu and V and depletion of U in deeply eroded and weathered pipes--typical example, Ridenour, Arizona (Chenoweth, 1988); Apex germanium- and gallium-bearing breccia pipe nearby in Basin and Range province (Wenrich and others, 1987).
REGIONAL GEOLOGIC ATTRIBUTES
TECTONOSTRATIGRAPHIC SETTING: Pipes found within and along the southwest margin of the Colorado Plateau, in a stable block existent since the Precambrian and resistant to tectonic forces acting on the western part of the North American plate. Wall rocks of pipes were deposited on a stable marine platform. Pipes apparently originated along and at intersections of N. 50° E.- and N. 45° W.-trending joint or fracture sets (Wenrich and Sutphin, 1989), roughly parallel to orthogonal Colorado River (N. 45° E.), Zuni (N. 45° W), and related lineaments shown by Green (1988, fig. 4) that developed in the Precambrian and rejuvenated in later periods. No igneous rocks are found in the pipes.
REGIONAL DEPOSITIONAL ENVIRONMENT: Breccia pipes developed from solution collapse within the thick Mississippian Redwall Limestone (0-210 m) beginning in the Late Mississippian and propagated upward into overlying strata of carbonate-cemented sandstone, siltstone, limestone, and conglomerate for at least 1,000 m, apparently only where the Redwall is >15 m thick. Stoping was intermittently active and reached the lower members of the Chinle Formation in Late Triassic time.
AGE RANGE: Host wall-rocks for pipes: Late Mississippian to Late Triassic. Ores: 260-200 Ma (Ludwig and Simmons, 1988).
LOCAL GEOLOGIC ATTRIBUTES
HOST ROCKS: Karst-collapse breccia. Breccia clasts as wide as 10 m across, consisting mainly of sandstone (~90 percent) and siltstone (~10 percent), occur in a matrix of quartz grains that is commonly well-cemented with carbonate minerals. Minor claystone and limestone clasts.
ASSOCIATED ROCKS: Unbrecciated flat-lying sandstone, siltstone, and limestone.
ORE MINERALOGY: Principal ore minerals: uraninite±roscoelite+tyuyamunite* +torbernite*+uranophane *+zeunerite*+chalcopyrite+bornite*±chalcocite*±malachite*+azurite *+brochantite *+volborthite+naumannite. Associated base-metal minerals: ±sphalerite ±galena±bravoite± rammelsbergite+stibnite +molybdenite+skutterudite. An asterisk indicates sugergene origin. Pre-uraninite mineral assemblages resemble those of Mississippi Valley-type deposits. Unusual complexity of mineralogy shown in appendix E.
GANGUE MINERALS: Pyrite+marcasite+calcite+dolomite+barite+anhydrite±siderite ±hematite±limonite±goethite±pyrobitumen (see app. E).
TEXTURE AND MINERAL ZONING: Orebodies occur as discontinuous pods mainly in the core of the breccia pipe but some are also found in the annular-ring structure and may occupy as much as a 200-m vertical interval (fig. 20). Mainly replacement and sparse open-space filling. Pyrite/marcasite and base-metal sulfides, locally associated with pyrobitumen, form a discontinuous "massive sulfide cap" above the uranium deposits in many pipes. Uranium, vanadium, and copper roughly zoned within some deposits.
Figure 20. Schematic cross section of a solution-collapse breccia pipe in the Grand Canyon region, showing the general distribution of uranium ore within the pipe (stratigraphic section modified after Van Gosen and Wenrich, 1989). [Because of limitations on the reproduction of the original figure, the figure shown here does not contain all of the detail of the original.]
ORE CONTROLS: Fractured, permeable rock within breccia pipe. Nearly all primary ore confined to the breccia pipe: rarely, a little uranium ore is reported in relatively undisturbed beds outside the ring structure. Vertically, most primary ore is below the Coconino Sandstone and at the level of the Hermit Shale and the Esplanade Sandstone of the Supai Group (fig. 20).
ISOTOPIC SIGNATURES: See Age Range above.
FLUID INCLUSIONS: Fluid-inclusion-filling temperatures of 80-173°C for ore-related sphalerite, dolomite, and calcite. Salinities (in weight percent NaCl equivalent) are for sphalerite, [= or >] 9, for dolomite, [= or >] 17, and for calcite, [= or >] 4 (Wenrich, 1985; Wenrich and Sutphin, 1988).
STRUCTURAL SETTING: All ore associated with solution-collapse breccia pipes.
ORE DEPOSIT GEOMETRY: Orebodies develop in annular-ring structures and in the core (fig. 20). At Orphan Lode, orebodies in core range from 15 to 60 m in diameter and from 30 to 90 m high; annular-ring orebodies are 5-20 m wide, and a few tens of meters high, and extend variably part way around ring circumference (Chenoweth, 1988).
ALTERATION: Characteristic bleaching by reduction (some extends locally outward into wall rocks as much as 30 m); common carbonate recrystallization and calcification, local dolomitization and kaolinization, some weak silicification. Calcified rock extends outside boundary shears, completely surrounding the Orphan Lode pipe. Malachite, azurite, goethite, and other secondary minerals on surface outcrops of eroded pipes.
EFFECT OF WEATHERING: Leaching of U and enrichment of Cu and V, particularly in those pipes deeply weathered. "Massive sulfide cap" apparently prevented oxidation prior to erosion and exposure.
EFFECT OF METAMORPHISM: Not applicable.
GEOCHEMICAL SIGNATURES: Enrichment of Ag, As, Ba, Cd, Co, Cr, Cs, Cu, Hg, Mo, Ni, Pb, Sb, Se, Sr, U, V, Y, Zn, Zr, and REE; indicator elements are Ag, As, Co, Cu, Ni, Pb, and Zn (Wenrich, 1985).
GEOPHYSICAL SIGNATURES: Electrical conductivity and magnetic properties of the pipes are significantly greater than for unbrecciated rocks; diagnostic differences in conductivity shown by scalar audiomagnetotelluric (AMT) and E-field telluric profile data for one pipe (Flanigan and others, 1986). Ground magnetometer surveys show subtle low magnetic values over several pipes (Van Gosen and Wenrich, 1989).
SPATIAL EXPLORATION GUIDES: Collapse features recognized by concentrically inward-dipping beds, circular concave topography, circular patches of brecciated and (or) bleached or iron-stained rock (related to "massive sulfide cap") and differences in vegetation. In well-exposed areas of the Marble Plateau, collapse breccia pipe densities are 0.11 pipes per square kilometer. Marked tendency for pipes to occur in clusters as small as 3 km2 in diameter. The presence of one pipe indicates a high probability for other pipes nearby.
OTHER EXPLORATION GUIDES: For a new area outside of the Grand Canyon region, a thick (>15 m) flat-lying, karst-forming limestone overlain by a thick sequence of predominantly carbonate-cemented sandstone and siltstone within a perpetually stable cratonic environment and a post-pipe formation volcanic source for uranium. Preexisting Mississippi Valley-type Cu-Co-Ni-Pb-Zn sulfide-rich ore may be required as a reductant for uranium deposition.
OVERBURDEN: Favorable area on Coconino Plateau (fig. 20): depths to mineralized portion of pipes are 150-600 m. Area exposed on Esplanade surface (fig. 20): depths are 0-120 m. Additional cover by basalt, 0-100 m thick, around San Francisco and Mt. Floyd volcanic fields. Quaternary and Tertiary sediments, 0-50 m thick, cover a few areas.
OTHER: Tectonic stability required for preservation. "Massive sulfide cap" prevented and delayed oxidation of some breccia pipe ores. Goethite possible pathfinder mineral for recognition of concealed pipe.
I,m on board. Bought into ucoi today for the long trend
upward which may not be as long as we all think. Had interest
in this stock a while back and it was confirmed I was looking
in the the right direction when the Lone Ranger and I starting
posting on one of my first trades sgcr. What a ride it has
been.
Thanks to all for allowing me in. I hope to share as much as
I can. Let's all have a great Tuesday.
Very well said. I hope you are having a safe and
exciting experience on your move.
I got a chance to diversify today with a couple more additions
to my portfolio that I spoke about in previous posts.
Sgcr is taking it's time on it's upward trend?
I know I know PATIENCE PATIENCE PATIENCE.
I learned this from the best... Let's see if we can
have a Fat Tuesday.
Key Gold (kygc) is now Strategic Resources (sgcr). Which I am sure
that everyone is aware of by now.
29,950 hectares. We are going to be busy in our up and coming
explorations.
1.00000 Hectare = 2.47105 Acres
Welcome to the board.
SGCR:US
Strategic Resources Ltd
Key Gold Acquires Interests in Uranium Properties in Argentina a
Key Gold Acquires Interests in Uranium Properties in
Argentina and Raises Private Equity
BOULDER, Colo., Dec. 6, 2006 (PRIME NEWSWIRE) -- Key Gold Corporation (OTCBB:KYGC) is pleased to announce that it has acquired from Somuncurah SRL, an Argentine entity, a four-year option to purchase certain uranium properties located in the province of La Rioja, Argentina, for an aggregate purchase price of approximately $3.6 million. The properties consist of seven groups of uranium exploration properties covering an aggregate area of 29,950 hectares. The properties are located in proximity with other exploration properties currently being explored by other companies or in proximity with properties previously claimed by the Argentine National Commission of Atomic Energy (C.N.E.A.).
Key Gold is also pleased to announce that it has raised approximately $1,000,000 (subject to a 20% green shoe to cover over-allotments) in a private placement of equity securities. The company plans to use the funds generated by the sale of the 25 million units (or up to 30 million, upon the exercise of the green shoe) primarily in connection with its new uranium project in Argentina and for general corporate purposes.
"We are excited to commence a new phase in our corporate life," announced Key Gold's CEO, John Anderson. He continued, "The prior operators on these properties performed considerable exploration work and they are located where sizeable radiometric anomalies have been detected or in proximity with various other related claims or mining activity." Anderson concluded, "Our private placement will provide us with the seed capital to begin the necessary activities for our new project."
Key Gold also announces that, prior to the end of this year, it intends to change its name to "Strategic Resources, Ltd." It also intends to obtain a new CUSIP number, a new trading symbol, and to reverse split its common stock on a 1-for-2 basis.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the common stock, warrants, or common stock to be issued upon exercise of the warrants. Any opportunity to participate in the private placement was available to a very limited group of non-U.S. persons. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
About Key Gold:
Key Gold Corporation is in the business of exploring, acquiring, and developing advanced precious metals and base metals properties. The Company's shares are quoted on the OTC Bulletin Board under the symbol "KYGC."
Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, the satisfactory completion of various surveys, the availability of sufficient operating capital to effectuate its business plans; fluctuations in the price of precious and non-precious metals; stock price fluctuations; and other risks. These risks are and will be detailed, from time to time, in Key Gold's Securities and Exchange Commission filings, including its Forms 10-KSB, 10-QSB, and 8-K. Actual results may differ materially from management's expectations.
For further information please visit our web site at www.keygoldcorp.com
CONTACT: Key Gold Corporation
John Anderson
(604) 628-5000
Provider ID: 00109993 -0- Dec/06/2006 13:29 GMT
Last Updated: December 6, 2006 08:29 EST
board. Here is some info for you.
Thank you 100 fold. I will enjoy moving up together.
Could i have you post the sgcr chart. I cannot post charts
at this time Thx
Wow I will be a busy man. Thx for all the input.
My internal transfer finally took place, so I can finally start
trading.
Some of stocks I am looking to possible add.
uoci
atex
dytb
djrt
flwe
acmb
Thanks for the new board. Take a look at sgcr had a nice run up
had a little selling and looking for bottom. Should be getting
ready to move again soon.
No i did not. I really feel for the guy who took a day off
from work and went to get his last 200.00 dollars out of
the bank and put them into the stock after hearing or seeing
the report on first call.
Go ahead
I believe they had the wrong trading symbol in the first
call report according to some of the posts.
Thought you might enjoy this. Hopefully we will not get caught up in any hype as such. usxp stock volume above
a billion yes billion today alone. Some interesting posting going on
at usxp. This is a sub penny stock. Target price of $26.50
Hey I cut and pasted.
Back to the
MARKETS section
All Headlines
Print this Release Return to Headlines
February 09, 2007 05:00 AM Eastern Time
Universal Express Announces First Call Recommends USXP as Strong Buy
NEW YORK--(BUSINESS WIRE)--Universal Express Inc. (OTCBB: USXP), today is proud to announce that First Call has recommended Universal Express as a “Strong Buy”, and Target Price of $26.50.
To access the First Call recommendation and target, go to: www.cnbc.com:80/id/15837280?q=usxp.
About Universal Express
Universal Express, Inc. is a 23 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com.
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contacts
Universal Express, Inc.
Mark Falk, 561-367-6177
publicrelations@usxp.com
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The new strategic rescource hub board seems to have
disappeared. It probably wasn't one of my more brilliant
of ideas. Sgcr today?? How will I know or what
chart would be easiest to decifer for me at this stage
to detemine if we have reached a bottom or if we are still
searching. Baseball baseball and more baseball for me
over the weekend. #1 son practice Sat a.m. Sunday p.m.
# 2 son practice Sunday p.m. & for me Dad Ad a 4 hr.
umpiring clinic on Sat. I can,t leave my daughter out
she is on a traveling competition cheerleading team.
Travel all over U.S. They have been to California,Atlanta,
Carolina's and luckily this weekend there here locally.
She was accepted recently to attend Florida State University.
Starts in June already.
So as you can see if i can come close to the Bulls Eye with
this sgcr trade it will be put to good use.
P.S. I may even get a chance to see my wife between 7-8
on Sunday evening. ha ha not complaining I do enjoy every
minute of every day.
Amen Thx for getting us back on track.
that should have been horseshoe. Packer Backer
go Bret one more year!!!!!!!!!!!!!!!
what is that flashing horshoe at the bottom of this post??
O.k. congrats.
hihlander how about moderating the new board.
strategic rescources the next level. Check it out
new boards or click on ad1.
This is what i found and believe to be the answer.
I have found that candlestick reversal indicators occuring at 50% retracement level are very reliable, about 65%, although not necessarily to the degree that gives a significantly profitable trade.
Sufficient though for me to double my normal trading size when a swing high (low) is associated with a candlestick reversal indicator at around the 50% retracement level.
I'm not sure why the 50% retracement works so well as resistance (support). Maybe it's something to do with supply and demand theory being the point at which the number of buyers and sellers should be equal. Any thoughts?
I'm glad you came back with that post for
the people interested in succeeding with the board.
I have family in Hawaii. Actually my wifes sisters husbands
parents are from there. I will get the particulars if you
need them. Been talking to a few of my good freinds.
They seem to be interested in the unico site. May be joining
on soon. Hilander i don't want to mislead you. I am fairly
new at the application and hands on side of investing but I
am highly invested with alot of the bell weathers, the account
that i am starting with here is a so called play account if
you will. I don't have a whole lot of the sgcr stock, well
at least i didn't think I did until it started moving upward
approx 200k not to terribly bad for a 6k investment.
Just got back from our Thursday night pool night with a good
friend he beat me 5 to 3. The best part about that is I taught him how to play. Great person freind and you should
meet him soon Oh i do have pro help with the bell weathers. Looking to learn. Have a grrrreat Friday.
Let's get sgcr moving on up to the east side sounds like
a little G. Jefferson
Looks like a hammer starting to form on the macd12 daily
chart as of this morning. Anyone out there today???????
Looks like a little more activity stirring today with
sgcr. Up we go. Have a great day.
Researching daily. I know the volume charts to be
green for buyer and red for sellers.
I believe the Aroon chart indicates upward movement if the
lines become more upright or vertical.
Long way to go but willing to learn.
no private reply at this time.
If the absolute level stays above zero would this be considered a bullish trend. If the indicator grows in strength or green in color above the o line would this be
considered momemtum.
I was amaazed when I went to the Unico posts this evening
alot of bashing and a few negative people posting. I hope
the sgcr board stays on the up and up.
CMF chart at .225 looking like money flow gaining momentum?
I'm trying?????
Good evening!!! Have you finished those taxes yet?? Ha Ha
Just got off the ol ball diamond with my son. Great time.
RSI chart seems to be holding strong? Extremely light volume
today. Think we will be moving soon or to soon to tell?
Welcome to our own little posters club. I do not know
Highlander but with the posts we have shared over the past
I feel that we can trust each other. Only fair and honest
posts please. I was very fortunate to get in this stock at the very bottom
when the name was key gold and the symbol was kygc.
If you have read my previous post you know where I stand. It would have been easy for me to sell at the bid of
around .90 pps. I have a gut feeling and also with the
charting my fellow posters have been helping me with I feel
we will be headed northeast again very soon. I don't believe
I would wait much longer. The stock shot up rather quickly
throughout the month of January 2007. Looking forward to
sharing and learning together. Very quiet day today for sgcr.
As always my opinion is my own and please do your own
Due Deligence before trading.
Hello where is everyone today.
Very light volume today good or bad????
I have been staying up late doing research on charts and
all the abreviations that go with each. I must say it is a
bit overwhelming but I seem to be picking up new ideas daily.
I keep getting a TOU Refresher pop-up that keeps referring to
off-topic or spam????? If I am doing something off key please
advise. Otherwise this may be a standard pop-up for newbies.
I have been checking other stocks to get into including
the one we talked about the other day with the 212 movie.
Good ol USA stock. Looks like may be best time to get in.
I'm like you I will be getting in for the long haul.
Amazed with sgcr and all the hectares or acres that are involved with this project. Haven't heard much news or
pr since name change. I am still an 8 to 5 er so I better
be hitting the pillow. Thanks again. Have a great day
on Wednesday stay poised and positive.
Yes, it also looks as though the pps was around 1.25 to 1.40
I wonder how many of those buyers are still around considering
the key gold decline. Thanks for the input and patience.
This is one of my first trades and as you can imagine the
anxiety is kicking in. How are we looking for Wednesday?????????
Noticed a good size sell after hours. Hopefully we
can get this baby back on track. Heavy volume again today.
Sounds like a plan. I believe we are going to rebound
this afternoon on sgcr. Volume is growing stronger daily.
Go long ---- touchdown!!!! O.k maybe thats what the
Chicago Bears were thinking. Have a great rest of day.
Yes I do have TD Ameritrade. I looked at the new charting
that is provided and found the volume levels and alot of
new upper and lower indicators to the sight.
Not a whole lot of time on my hands but always willing to
learn.
Thank you and let's have a great Tuesday.
I do appeciate it. I am fully aware I am reponsible
for my on decisions. Just trying to get a little insight.
Thanks again and let me know what you find out after
hours. Looks to me we are back at .91 a share after hours.
I was also looking at ckys earlier last week, did not
get in - noticed today trading was halted???????
I do appeciate it. I am fully aware I am reponsible
for my on decisions. Just trying to get a little insight.
Thanks again and let me know what you find out after
hours. Looks to me we are back at .91 a share after hours.
I was also looking at ckys earlier last week, did not
get in - noticed today trading was halted???????
I enjoy your responses. I will be buying into this stock
shortly. What is your take on today's sgcr pps.
This may sound strange. I watched this movie a couple
of times over the weekend. I found it on the Unico Mining
ucoi site. I really enjoyed it-along with the site.
How we looking the rest of the day on sgcr?