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Wonder why such a production was made on Dec 23rd about the the barren hole or the lower copper value with such little information disclosed...
All of the minerals listed in the above picture are in the Dec 23rd PR.
Rare-earth elements and rare metals also
received attention on the Island of Newfoundland.page 5
Quess you did not read far enough
Yeah I know LOL
Its picture of the coal miner from Germany....KATX just used a backhoe to dig the trench at North Lucky the trench was full of Copper 2 meters deep....Same vein as at Blue Point...
The massive part is the point...LOLWoods is a geo PHd and it was in Tim Froude report past chair of the Newfoundland Mineral department
THIS... was also written by Dennis Woods, but does not mention Olympic Dam....but it is on the same work report that Froude says it is likened to. CONCLUSION AND RECOMMENDATIONS
The magnetic and gradient array IP/resistivity survey over the Holloway Cove and Ken’s Mountain grids of the South Princess property of Cornerstone Resources Inc. has resulted in the identification of a variety of anomalous magnetic, resistive and chargeable formations and structures based on the magnetic, apparent resistivity, and apparent chargeability response over the grids. In general, the results from Ken’s Mountain are far more anomalous that the data from Holloway Cove, especially the apparent chargeability response.
At Holloway Cove, a region of anomalous magnetic and high-resistivity response has been observed in the south-central portion of the grid and extending to the northern end of the grid along isolated trends. The geologic and potential economic significance of these features is not known, but it is expected to be relatively insignificant. Also insignificant is the generally weak chargeability response over much of the Holloway Cove grid, except for a 12 to 13 msec, moderately large and broad chargeability anomaly in the northwest corner of the grid. This anomaly occurs in an area of zero magnetic response, but it is coincident with a minor resistivity high. Although weak, the anomaly should be investigated further by prospecting and sampling, and possibly trenching. If there is indication of economic mineralization associated with the anomaly, then a short drill hole into the centre of the apparent chargeability high may be warranted. More definitive chargeability and resistivity results (particularly regarding depth of burial), obtained by carrying out a few lines of pole-dipole IP/resistivity surveying directly over the chargeability high, would be useful to insure that the optimal location is chosen for drilling.
The magnetic and gradient array IP/resistivity results from Ken’s Mountain are highly anomalous. Numerous magnetic, resistive and chargeable formations and structures are apparent throughout the grid area. These features are, in part, coincident with each other, and hence likely associated with common geologic formations and structures. The anomalous features dominantly trend north-south in the western portion of the grid, and north-northeast over much of the remainder of the grid, which implies that there are at least two separate geologic terranes within the grid area. Most of the anomalous formations are interpreted to be at or near surface, except for a broad linear zone in the northwest portion of the grid, which may have a deeper source as well as near-surface structures.
The most significant anomalies from an economic standpoint are the very high amplitude (i.e. greater than 40 msec) chargeability zones that trend across the entire grid between 9200E and 9600E, and along the eastern edge of the grid between lines 8600N and 9000N. These linear, chargeable bodies are interpreted to be due to significant concentrations of conductive mineraliza- tion (e.g. sulphides or graphite), and possibly even semi-massive to massive mineralization since, in some cases, they also appear to have lower resistivities than the surrounding formations. The anomalous chargeable zones are also partially coincident with magnetic anomalies, which supports an interpretation of sulphide mineralization rather than graphite.
Follow-up work should include prospecting and sampling along the axis of the highest chargeability anomalies, and trenching of the better showings along these trends. Short drill holes could be planned into the centre of the highest chargeability anomalies using geologic structural information to design optimal hole locations and orientations. However, it is strongly recommended that at least a line or two of pole-dipole IP/resistivity surveying and inversion be carried out over the most promising chargeability targets so that more definitive structural information can be obtained prior to drilling. Determining depth of burial and whether the anomalous zones intensify with depth, as suggested by the magnetic results, is particularly important. The anomalous high-chargeability zone along the eastern edge of the Ken’s Mountain grid is especially troublesome since only half, and possibly even less than half, of the anomaly has been document by the current survey. Grid cover- age should be extended to the east if this area looks interesting from a geological/mineralization perspective.
Respectfully submitted,
Dennis V. Woods, Ph.D., P.Eng. Consulting Geophysicist
Thats what you use on a massive ore deposit a massive ore digger...
hydromet Vale Copper...this is the first one and we know where one of the next ones is going...Newfoundland...and we can make a guess that it can handle copper as well...we can guess how has a Strataform Sedimentary Copper deposit as well. We can hope the revenue goes back into exploration in Newfoundland as its supposed to in Chile...
http://www.vale.com/en-us/o-que-fazemos/destaques/Pages/tres-valles-e-marco-no-chile.aspx
is Vale’s first industrial-scale cathode plant using a hydrometallurgical
In December, Vale inaugurated the Tres Valles copper plant, its first project in Chile. Located in Salamanca, the plant, whose annual production capacity is 18,500 tons of copper cathode (metal plate), is Vale’s first industrial-scale cathode plant using a hydrometallurgical process. Total investment in implementing the project was US$140 million.
Tres Valles is a landmark project in Chile in terms of implementation efficiency, setting a record for speed between licensing and the start of operations. This is just the beginning for Vale’s investment in Chile, since all of the revenue generated from the venture will be reinvested in new mineral exploration in the country’s Andean region.
RR DD what would one barren drill one mean? at OD it might mean you drilled the center of the Gravity Anomoly does one barren hole at Ken Mountian mean its not a OD type deposit NO... it does not...
Does drilling 2 holes mean you are going to hit the OD deposit.. no you can see it was the 10th hole that produced results back then...now we have 2 hole BHEM which Vale is very good at...as a matter of fact some geos hire have experience in the very same cores at VB
Funny thing about assay collection they are collected to see whats on the ground and the core results release todate show the same elements in the cores...
Hey I heard on another board that with low volume this thing can go to no bid almost overnight.....some long time stock guys on another board been doing this for 80+ years said so....
Thanks I also like ones with
the USGS and the Newfoundland government and ERock Like they are all in some type of scam together...and the guys that did the drilling that work in the department....what they are in on the scam too....The link is clearly two different styles of gold deposits...and is clearly from 2010
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/pdf/Prop%20for%20opt%20Map,%20Island%20Mar.%202010.pdf
So who did the report on Falconbridge in 1980 J Hinckey
http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch03/012H_0668.pdf Looks like Jim Hinchey
Who is Hinchey and Saunders
Page 16 upper right
Phil Saunders, Jim Hinchey both at Gov. http://www.nr.gov.nl.ca/nr/department/contact/mines/mines.html
So if you read back when the cores were sent out in 1987 (?) the did the resource estimate on a small number of borings and a small area but this was still enough to be listed buy the USGS and now its deeper and larger... and combinded with other minerals
Er0ck Share9 Wednesday, January 13, 2010 4:03:16 AM
Re: None Post # of 173252
What makes this property so special isn't the fact that it's a gold property, but the type of gold property that it is. Handcamp is a very special and unique type of gold deposit known as a "Volcanogenic massive sulfide" (VMS) deposit. Making this property even more special is the fact that this isn't just any type of "VMS" deposit, but it's a "Felsic" VMS deposit. World wide there is only something like 800 of these VMS deposits. They are known for their high tonnage, high quality gold deposits. Of these VMS, the best quality, highest producing gold deposits are the "Felsic" VMS deposits. Right now, out of the 40 VMS deposit sites in Newfoundland, KATX's Handcamp site is rated the highest gold grade with a 13.4 rating. It is the highest grade VMS gold site in all of Newfoundland according to the USGS.
Handcamps special and rare nature has already been validated and backed up by a series of surface rock and soil samples that were processed at a lab. Rock samples were collected over the prospected areas with numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au, along with excellent Zn, CU, Ag numbers.
Not only are these gold numbers FAR higher than any of the surrounding mining sites owned by other companies, these numbers are ONLY from surface rocks. Felsic VMS deposits are not the type of deposits that have most of their gold in the surface layers, but instead, most the gold deposits are deeper in the ground. To find these levels of gold in just the surface rocks would imply that there should be FAR more in deeper deposits.
How does Handcamp compare to other near by sites?
Here is a good comparison to how KATX's Handcamp property stacks up against a similar mining company. Anaconda Mining is located right down the road from Handcamp and currently is mining their Pine Cove gold property and has already brought gold to market from their site.
Anaconda has completed a NI 43-101 technical report on their Pine Cove site and has been actively mining it for the past 2 years.
Here are the results of Anaconda's test drill 43-101 report on their "Pine Cove" Gold property.
probable mineral reserves of 2,332,676 tonnes at 2.76 g/t
And now here's Handcamps results ONLY from surface samples.
158g/t Au, 94g/t Au, 82g/t Au
As you can see, KATX's Handcamp property is showing far more gold in just the surface rock than what Anaconda is getting from it's actual mining. This is one reason why people are so excited about KATX. We will still need to get the test results back from a test drill to confirm exactly what's in the ground though.
What's ahead for Handcamp and KATX
Here's what we know right now. Ken has been working on finding financing for the drill program for some time now. He announced last week (the 5th of jan) that they will be releasing more of the Handcamp sample results to the public as well as updating us on the status of financing. He gave a time line for these announcements of only a few weeks, so they are expected anytime now.
Right now, KATX needs financing for a drill program. Then they simply need to do the test drills and release a NI 43-101 report and partner up with a mining company to start mining the gold. That's it.
Ken has also been looking for a possible Joint Venture with a mining company to not only do the test drills, but also do the mining once all of the test drills are complete. His ideal plan for this was to sign a joint venture partnership FIRST, then start the test drills. The fact that he is about to update us on the status of financing leaves many people here to believe that they at the very least have acquired some type of financing, and that it is very possible they might have already signed a joint venture as well. These are just rumors as of now, but they are based in real
[10/24/2011 9:01:01 PM] Michael Waldmann: US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce good exploration results from Nevada. The best results continue to come from West Pick, including 0.06 opt (2.05 gpt) gold over 75 ft (22.9 m) and 0.027 opt (0.94 gpt) gold over 180 ft (54.9 m)
These channels are present in the West Pick area where US Gold has encountered significant mineralization, including the best results announced earlier this year of 0.085 opt (2.9 gpt) gold over 150 ft (45.7 m) and 0.065 opt (2.24 gpt) gold over 120 ft
So as you can see, UXG's best gold results were 2.9 g/t.
Here's KATX's Handcamp results for comparison:
rock samples were collected over some of the prospected areas with numerous samples showing very encouraging mineral results, of 158g/t Au, 94g/t Au, 82g/t Au
Again, here is a company that has almost the same number of ountstanding shares as KATX, and only has completed their test drills and they are trading around $3 a share with a high of $3.50 after shooting up from .30 a few months before. Again, it is important to note that KATX's samples are ONLY surface samples. There is a good chance there might be even higher levels of gold the deeper they drill.
But this is not all that KATX has to offer. As stated above, their main focus for 2010 is going to be Handcamp. But they have 2 other very very promising property's as well.
Er0ck Share9 Wednesday, January 13, 2010 4:03:16 AM
Re: None Post # of 173252[/quote
So tell us what would one barren drill one mean? at OD it might mean you drilled the center of the Gravity Anomoly does one barren hole at Ken Mountian mean its not a OD type deposit NO... it does not...
Does drilling 2 holes mean you are going to hit the OD deposit.. no you can see it was the 10th hole that produced results back then...now we have 2 hole BHEM which Vale is very good at...as a matter of fact some geos hire have experience in the very same cores at VB
Funny thing about assay collection they are collected to see whats on the ground and the core results release todate show the same elements in the cores...
Oh I am sure Vale knows what they are doing...question is what are they doing in public and what is the long term objective... they are not that interested now, they have a plan..one with many different facuets I am sure...kind of like Little Deer do your work tell as little as possible let the PPS drop and revise the resource estimate after you worked the PPS over Hmmm seem like a plan the use over and over VB and others... until the plant comes on line.....the copper is not going anywhere....
Their consultant told them they could have picked a better spot... even then it a 2 inch hole..with tons of material on top. Lucky has a 2 meter deep trench...copper in the whole trench....at the surface.....
They found nothing...but massive copper their drill program was minimum they could go out on the cliff... for a company of Vale and Cornerstone size 6 2" holes..even with all that.the drilled in the wrong spot their consultants told them so in there reports nothing but they have kept the claim........LMAO.....Cornerstone keeps looking worst and worst as this goes on. No wonder Ken left....Notice the deep of the red beds...the layers on the Normore report the copper horizon runs accross the penisula..Some of the copper at over 3 % (The North Lucky Pr is only 2.5 ) Notice the amount of cover on the copper and how the section shown to the NE start going back down hill... KATX dug their trench with a BACKHOE no drilling 2 meters down...copper all over the trench.... Much was made of the bad results of the seventh hole....they even ran out of water... Wonder why so much effort went in to reporting the bad result of the one boring.......hmmmmmm.....
Rebeds of the Bona Vista...notice the copper percentage Page 18 http://www.nr.gov.nl.ca/nr?/mines/geoscience/publicat?ions/currentresearch/2010/?hinchey.pdf
Massive
similar in style and setting to the
giant Olympic Dam deposit Tim Froude Cornerstone P Geo...2002 Nice work MTaylor....Vale has other mountain tops that look just like it on their website....
The assay are great,notice the supply of Fe and Mg
suggest potential for a body of iron
oxide +/- base, precious and rare earth type mineralization, similar in style and setting to the
giant Olympic Dam deposit in Australia.
Olympic Dam and related deposits all occur within continental rift sequence rocks adjacent to
major structures. The South Princess Property is located within a continental extensional
environment within peralkaline rocks emplaced adjacent to a regional fault system (O’Brien,
1993). The presence of a large magnetic body that appears to be intrusive into the overlying rock
sequences that appear regionally altered, are variably pyritic and contain vein type fluorite
mineralization appears to suggest a magmatic origin for the mineralization
Funny stuff B4 you call they have Katx surrounded....within 7 days they claimed the balance of the penisula...and ended up with just enough to surround KATX. No need to call I think they know...they were only looking for it for 5 years.........its in the reports.... pretty pictures and all....copper layers, tepees....it all there... Its spelled wrong in the Cornerstone report.....SABKHAS
SABKHAS ZAMBIA
http://geoscience.wisc.edu/~pbrown/g515/web10/L19-CuSed.pdf
who landed their helicopter to check a rusty mineralized outcrop
http://www.thecanadianencyclopedia.com/index.cfm?PgNm=TCE&Params=A1ARTA0006520
The large and high-grade Voisey's Bay nickel-copper-COBALT ore body, the third most important Canadian nickel discovery ever after the Sudbury and Thompson districts, was found in 1994 by prospectors who were searching for diamonds, and who landed their helicopter to check a rusty mineralized outcrop observed from the air. This important mineral discovery was made by methods little more sophisticated than those used in the chance discovery of a rusty outcrop in 1883 that resulted in the unearthing of nickel-copper ore bodies of the Sudbury District. That Voisey's Bay and other recent Canadian ore bodies were discovered by simple prospecting rather than by more sophisticated methods make it clear that the day of the individual prospector has not come to an end.
Who has other rusty outcroppings on the website....KATX and Vale.....funny...
Funny Thing is if you read the Normore,Obrien, and Cornerstone reports, North Lucky was found by following the copper horizon while driving down the highway...the horizon was exposed....so maybe the quarries and the excavation you can see from a google earth image means there does not have to be a drill program.....funny stuff read the the reports....Look at the pictures .......funny....the Armherst copper showing was found from a boat.....funny....
Without doing any real math...billions in royalities at a small percentage for the USA goverment means billions in copper divided by a billion shares...leaves the price above a dollar for the copper mine in arizona... and its an old dog..LOL
So it is possible for KATX as well...because likely not just copper they will find...
Right seven days after North Lucky was staked...Vale stakes the balance of the penisula....and then they fall back to just a claim that surrounds Katx.... Why is that so no other major can get in......
Tens-of-Billions in royalities....in 2010 here is an example of why the newfie government might do a map that had major copper exploration box on the bona Vista... and write reports...... and extend 100,000 to Katx as junior explorer in a grant....go figure.. Its just copper right...for a mine that comes online in 2020 and it an "old dog" as well
http://www.dailykos.com/story/2011/10/26/1030225/-AZ-Republicans-Stimulous:-Tens-of-Billions-for-5100-jobs
The Obama administration is against approving the land swap, saying an environmental review should be completed before the exchange is made. Doing the review after the swap is completed would leave the U.S. government with less control over the project and make it harder to propose alternatives that could limit environmental damage. Rep. Paul Gosar, R-Ariz., the bill's sponsor, said there was no need for a full environmental review until after the swap is completed. "It's just a land swap. It does not pre-empt anything," such as the Antiquities Act, the National Environmental Policy Act or other laws, he said.
Umm, that may be true, but there is another "minor" issue: turning ownership of the land to the Rio Tinto subsidiary Resolution Copper in a land swap means the company will not have to pay any royalties to the U.S. government for lucrative mineral rights that could be worth tens of billions of dollars.
There are many problems with this proposed mine and land swap. It is located a particularly beautiful mountainous area, and area considered sacred to Arizona's native Americans. The 20 tribe Inter Tribal Council of Arizona (ITCA) opposes the land swap because it also permits the use of “block and cave mining", which would threaten the integrity of nearby areas which have strong historical, religious, cultural and sacred importance to Native Americans.
While supportors of the proposed mine claim it would generate 1,400 jobs on site and more than 3,700 related jobs and pump billions of dollars into the Arizona economy, mining in general and copper mining in specific has a checkered history in Arizona. In fact, Superior has already been home to one of the largest cooper mine in Arizona. In the 70s 80s and early 90s Superior was booming with the business generated by the Magma Mine. But the fortunes of the mine - and Superior - fell with copper prices. After years of decline, the mine shut down for good in 1996. Today, with deteriorating, boarded-up buildings lining Main Street and far fewer people living there. And even if this land swap is approved this week, the mine wouldn't begin production until 2020. In the meantime, we would be giving the mine a go ahead without an environmental impact study, and more importantly - forever giving up any rights for royalties - revenue our federal government desperately needs - that could amount to tens of billions of dollars.
Fortunately, as usual, Rep. Raul Grijalva has our back and has come out strongly against this Republican/Chamber of Commerce boondoggle. Grijalva called the mining proposal one of the most significant issues Congress has faced this year.
"A foreign-owned company doing business on U.S. public lands is basically getting a blank check on extraction (of copper) and a green light from Congress to go ahead and begin this without any return on the money." Thank you Congressman Grijalva! We must do everything we can to stop this being passed by the Republican Congress. But if they march lockstep and push this through, it is essential that we get it killed in the Senate
Seems like the same folks looking for something, Ken stalked and a week later Vale surrounded the North Lucky...now how does that happen unless you have been looking in an area for a long time..just a bit down the road.....So the major exploration for Cu on the Bona Vista had a lot to the geosurvey group in the newfie mineral department...the same folks that did the maps and a reports....
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch13/NFLD_2900.pdf
The presence and abundance of the red beds is important as the
primary source of copper. A number of the occurrences and lake sediment
anomalies are close to the basaltic basement and red beds. The prominence
of red beds with the basalts and in the overlying stratigraphy indicates
sufficient “source rock” for copper. (Copper loosely attached to hematitic
minerals would easily have been picked up and transported by oxidized,
hyper saline formational fluids. Tom Lane with the aid of Carol Seymour, Leon Normore, Julie
Labonte, Tim Stead and Brent Thomas produced a detailed map of the property
and carried out detailed sampling and prospecting of the Blue Point horizon.
Extensive areas of the shoreline were mapped in coordination with Sean O’Brien of
the Newfoundland and Labrador Geological Survey. Mike Basha, the Cornerstone
exploration manager, coordinated the staffing and program schedule. Periodically
through the season Tom Lane met, toured and “brainstormed” with Mike Basha,
Jon Thorson, Sean O’Brien and Jim Franklin.
Seems funny that if they knew everthing in 2007 that Normore would write a paper for the Newfie government and have it listed as current reasearch 2011 and the same players involved at Cornerstone and Vales Red cliff claim since 2004 would be listed in the current research and be give reasearch credit and personal comunication,in 2010
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2011/Normore-2011.pdf
Description of the Trinity Facies
The Trinity facies of the upper Rocky Harbour Formation is a glaciomarine/glaciolacustrine laminated dropstone diamictite unit that has been extensively mapped in the Trinity map area. It outcrops from the town of New Bonaventure in the southwest of the Trinity map area to the north central map area where it is transected by the Northwest Pond resource road. It is green, (purple near faults), matrixsupported, poorly sorted, internally siltstone laminated dropstone diamictite, rich in well-rounded pebbles and cobbles. The facies varies in thickness from 15 m in the south to 100+ m in the north and shows a decrease in matrix grain size northward
At one locality, south of New Bonaventure, the lower contact of the Trinity facies is with siltstones and volcanic rocks of the Herring Cove facies. The base of the Trinity facies at this outcrop consists of bi-directional crossbedded sandstone associated with large lensoid bodies of pebbly sediment, interpreted as shallow marine and iceberg-dump structures, respectively The upper contacts of the Trinity facies are generally gradational into planar-laminated green siltstones of the Herring Cove and Kings Cove North facies (Figure 4). The Trinity facies is glacial in origin, with classic examples of dropstones (Plate 7C, D, E, G) and faceted clasts with glacial striations (Plate 7F). The variable thickness of the unit is likely a function of proximity to the icesheet margin, indicating an ice centre to the north
Whereas much dispute regarding specific ages of Neoproterozoic glacial periods exists, it is well documented that the Neoproterozoic glacial era ranks as the greatest glacial activity in Earth’s history with glacial deposits identified on all continents, except Antarctica (Hambrey and Harland, 1981, 1985; Knoll and Walter, 1992) and linked to a snowball earth (Hoffman et al., 1998). Worldwide Neoproterozoic glaciations have been moderately constrained with at least five glacial periods represented by the Sturtian726–660 Ma, Marinoan 655–635 Ma (Hoffman and Li, 2009 and references therein), Gaskiers 582 Ma
Herring Cove Facies
The newly defined Herring Cove facies comprises a mixed volcanic-sedimentary succession and signifies an abrupt change induced by volcanism. Volcanic rocks include rhyolite sills, waterlain tuffs and peperites
Very thick-bedded peperites of varying intensities (Plate 8A to D), felsic dykes (Plate 9A), rhyolite sills (Plate 9B), and thin- to medium-bedded tuffs (Plate 9C, D) are found in the Herring Cove facies A distinctive peperitic bed approximately 2.5 m thick was mapped on the west side of Ass Hill (Ass Hill Conglomerate of Thorson, 2004
Peperites are therefore an important facies, for several reasons. They are commonly associated with the early stages of Surtseyan eruptions (Kokelaar, 1983), theyallow paleoenvironmental reconstructions, they may make potent geochronological tools and lastly, may be associated with hydrothermal alteration–mineralization. . . of basinal pore fluids is modified due to the transfer of heat from these intrusive bodies (Skilling et al., 2002) and/or if magmatic fluids contribute to the basinal pore reservoir (Delaney, 1982). The presence of sediment-hosted stratiform copper in the immediate vicinity of Trinity may reflect this phenomenon Folded peperites are common in the Trinity area (Plate 8A, B, D; cf. Lorenz, 1984 and Brooks, 1995). They display pink subrounded, fluidal to globular felsic masses having dark-grey reaction rims in the lower part of the sedimentary bed to ropey and elongate, more stratiform felsic bodies near the top of the bed (Plate 8B). This indicates more intense mixing of lava in sediment, at the base of the bed, suggesting formation near the sediment–water contact. Coherent sills that intrude the sedimentary rocks at White Point and Trinity Highway near Trinity Pond, erode into the bounding siltstones of the Herring Cove facies. They may represent feeder conduits that supplied magma to peperite domains (cf. Hanson and Hargrove, 1999). Multiple tuff horizons overlying the peperites in the Herring Cove facies (Plates 9C, D) may also be sourced from the same magma body as the peperites beds.
Pink volcanic tuff, displaying tepee-like structures found in Herring Cove (Plate 9E) (sabka beds of Thorson, 2004; in Seymour et al., 2004), occur interbedded with thinly laminated siltstones and thin- to medium-bedded tuffs.
The tepee-like structures have a loaded basal contact with a thick devitrified tuff, and also have a linear trend. A welded tuff origin for the unit has been interpreted based on trace element geochemistry (J. Hinchey, personal comunication,2010).
Discordant reduction-oxidation contacts (Plate 14A) and calcite cemented concretionary lens are well developed in several places throughout Champneys West, Fox Island and English Harbour. The redox boundaries appear to be related to faulting (Plate 10C), and fluid flow through splays of the Spillars Cove–English Harbour Fault. Abundant localized pyrite and a rare occurrence of jasper is also associated with these faults in Fox Bay
fluid flow through splays of the Spillars Cove–English Harbour Fault.
in contrast to their thick succession in the Bonavista map area, the rapid change to shallow-marine depositional environments to the west of the Spillers Cove-English Harbour Fault and the distinctive change in aeromagnetic signature across this boundary, supportsa faulted relationship.
west of the Spillers Cove-English Harbour Fault
Local aeromagnetic surveys would be beneficial for highlighting additional volcanic and intrusive rocks in the area. A regionally unified stratigraphic framework may alsoassist with exploration of large tonnage sediment-hosted stratiform copper deposits in this region. Ongoing work on the radiometric dating of tuffs above, and below, the Trinity facies will help determine the stratigraphic relationship between the Trinity facies and Gaskiers Formation in the Avalon Zone,
No one knows what on is on North Lucky but we can guess by the consultant retained by Vale and Cornerstone....J Thorson....
http://www.geo.arizona.edu/geo6xx/geo646a/646A_PW/Papers/Basin_Papers/Hitzman05_SedCu_EG100thAV.pdf
Sorry B4 you get all excited the company may be different and if you read the post...I did not say one thing about the company...the dirt...is the same.....ROTFLMAO...
Mixtite are the
conglomerates as terrestrial red beds to shallow marine cross-beds and mass flows.
Such fluids likely migrated up
structures and into stratigraphic pinch-outs and antiformal traps near the basin
margin.
The presence and abundance of the red beds is important as the
primary source of copper. A number of the occurrences and lake sediment
anomalies are close to the basaltic basement and red beds. The prominence
of red beds with the basalts and in the overlying stratigraphy indicates
sufficient “source rock” for copper. (Copper loosely attached to hematitic
minerals would easily have been picked up and transported by oxidized,
hyper saline formational fluids. Tom Lane with the aid of Carol Seymour, Leon Normore, Julie
Labonte, Tim Stead and Brent Thomas produced a detailed map of the property
and carried out detailed sampling and prospecting of the Blue Point horizon.
Extensive areas of the shoreline were mapped in coordination with Sean O’Brien of
the Newfoundland and Labrador Geological Survey. Mike Basha, the Cornerstone
exploration manager, coordinated the staffing and program schedule. Periodically
through the season Tom Lane met, toured and “brainstormed” with Mike Basha,
Jon Thorson, Sean O’Brien and Jim Franklin.
Sound prospecting in the future will require careful mapping of local faults and
fracturing in sample localities associated with target “grey-green beds”.
Arm Formation extruded along the faulted boundary of this horst and red beds
accumulated between volcanic flows. Basins east and west of this horst subsided and
immature volcanic debris was deposited as thick, lithic sandstones and
conglomerates as terrestrial red beds to shallow marine cross-beds and mass flows.
Such fluids likely migrated up
structures and into stratigraphic pinch-outs and antiformal traps near the basin
margin. It is speculated that red beds, thickly developed along the basin margin,
were the best source of copper metal—
The
permeability of siltstones at that time is unknown, but they are commonly
coupled with coarse sandstone or conglomerate beds. Copper would have
traveled separately in oxidized, highly saline brines. Chalcocite fractures are
observed in association with the Blue Point mineralization. It is likely that
copper was fed into the bed near this location.
The requirements for concentrated copper mineralization are (1) a bed or fracture
zone with concentrated reductants (framboidal pyrite, organics, chlorite + residues)
and (2) a structural zone connected to fracturing with a brittle bed. The limitation
of such targeting is that the mineralization may be localized along the structural
zone. This is a question raised both at Blue Point and at Fifields Pit occurrences. See
the general basin model in Figure 4
Sorry B402 the USGS information in after 1989 all the stuff you listed is. B4
WORLD MINERAL DEPOSIT DATABASES Seems USGS and EGGS have the facts How is that for two sources...(by the way it clearly states not being mined..in 1989...yet)
Society of Economic Geologists and Geological Survey of Canada
176 Canada (Newfoundland and Labrador 49.16.55 N -- 056.04.50 W Handcamp Cu; Au; Ag
http://apps1.gdr.nrcan.gc.ca/gsc_minerals/gquerycache/vms/DP/dp176.html
.27 million metric tons ore; Combined with production?: no; Provisional entry?: no; Resource category: geological resource
Grade-commodity information:
Cu: 2.62 percent
Au: 1.34 grams/metric ton
Ag: 56 grams/metric ton
2005: Volcanogenic Massive Sulphide Deposits
Energy, Mines, and Resources, Canada, 1989
Canadian Mineral Deposits Not Being Mined in 1989
Geology can be fundamental.and.good DD can be cut and pasted....http://www.nr.gov.nl.ca/mines&en/geosurvey/publications/CR2010/2010_Normore.pdf You can see on figure 2 the various formations on this section of the Bona Vista Note Monk Bay as a point of reference..Armherst Cove see where it has the dots Wolf Head Dyke...(dykes are dams) read the report that is at sea level... note the small purlpe shape above the words "based on" below the picture...Thats the mixtite...
Lower left figure 3 Big Head Formation...layer of Mixtite... the only place on figure 2 with Mixtite is the Center of North Lucky
Layers of SSC that the PY in the middle of the unkown thickness.. the North Lucky PR says 300 feet in places... This is setting on the Basalt basement...the fluids and copper have flowed down over the eons...
NOW look at the section that Vale kept North of North Lucky...along the Wolf Head Dyke.....to the shore....
O Look what are the three new purple dots.....New Quarries...Hmmm what do they line up with the Wolf Head Dyke.
Massive, in shear zone. Mature island arc
Nice Work Tink....The USGS and EGGS alway that the time to publish and report on worthless claim in Newfoundland....LMAO...
1988 -> MPH Consulting Ltd (Coates and Tremblay, 1988) was retained by Newfoundland Exploration Company to provide an appraisal of the market value of the surface and mineral rights of the Handcamp property.USGS Hand Camp Felsic volcanogenic massive sulfide deposit, 14 of 40 in Newfoundland province
WORLD MINERAL DEPOSIT DATABASES Seems USGS and EGGS have the facts
Society of Economic Geologists and Geological Survey of Canada
176 Canada (Newfoundland and Labrador 49.16.55 N -- 056.04.50 W Handcamp Cu; Au; Ag
http://apps1.gdr.nrcan.gc.ca/gsc_minerals/gquerycache/vms/DP/dp176.html
2005: Volcanogenic Massive Sulphide Deposits
Energy, Mines, and Resources, Canada, 1989
Canadian Mineral Deposits Not Being Mined in 1989
Seems like just the facts to me....and the falconbridge boring where used to come up with the resource estimate and they where only 100 deep borings and only about 700 feet in total....and now there is another type of gold deposit...great.....
http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
Reference information
Comments
Massive, in shear zone. Mature island arc (calc-alkaline).
http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
References
Economic Information
Discovery date 1928
Tonnage 2.27mt Copper grade 2.62%
Zinc grade 0%
Lead grade 0%
Gold grade 13.4g/mt
Silver grade 56g/mt
Canada Department of Energy, Mines and Resources, 1980, Canadian mineral deposits not being mined in 1980: Mineral Policy Sector Internal Report MRI 80/7, 294 p.
Geological Survey of Canada, 1967, Geology Island of Newfoundland: Map 1231A, scale 1:1,000,000.
Stephens, M.B., Swinden, H.S., and Slack, J.F., 1984, Correlation of massive sulfide deposits in the Appalachian-Caledonian orogen on the basis of paleotectonic setting: Economic Geology, v. 79, no. 7, p. 1442-1478
'''' besides they have surrounded /////////////////////////////////... Lucky ''''............Yep the Worlds Second Largest Mining Company has in 2009 surounded the Kat Lucky......Just think of it!...And if Cornerstone had the better property.....Vale would suround it....would they not?....I think so.....If Cornerstone were still the "MAJOR EXPLORATION" Copper property on the Bonivista would the New Gov Map showing what is ,,,,,and what is not "MAJOR EXPLORATION" not have Cornerstone in the Box?....I think so....In other words if Corner had it....they would be in the Box ...don't ya think?.....I do Kat is directly in the middle of this Copper Box PS: It's Cornerstone that Vale no longer surounds....not Kat....cant SPINN that fact any other way....
significant concentrations of ag and (AU)"".... "HandcampThis Newfoundland Government report states that our Handcamp has "" significant concentrations of ag and (AU)"".... "Handcamp..... "with significant concentrations of ag and (AU) Page #4. .....read the geo reports...Read the Facts...not just opinions...... PS: It's Felsic in this report. Also what it took in 1989 to be concidered "significant concentrations of AU" would have to be a lot more concenrations than it would take to be concidered "significant concentrations of AU" today with the price of Gold where it is right now!....the price of Gold has changed after all,..... Now hasen't it! http://gis.geosurv.gov.nl.ca/geofilePDFS/WBox028/012H_1857.pdf In other words a thousand or even a million posts saying Hanmdcamp has less than significant gold concentrations of Gold does not make it so......now does it!....
Little DEER was an active Mine and they walked away..1.2 billion in resource was just added to the estimate...same time frame.as KATX Handcam[ ...Old methods not old dogs..LMAo....
Yep just like Little Deer.....LMAO Seems like a lot of companies thought that something was there in the ground...the Queen, the USGS, the Newfie government has it as two different types of gold deposits... Ken went twice as deep and found what they were looking for.....happening all over Newfoundland....Old dog new tricks New Highway...new equipment....80 years read the reports minable ore in the ground assay samples many many times...just missed with the 700 feet of borings ...less than 100 feet deep most bearly 50 feet deep...
Old gold dog just need to dig a little deeper just like Little Deer billions left in the ground...20 km away Katx "Closeology" all in the same formation....
So who did the report on Falconbridge in 1980
J Hinckey
http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch03/012H_0668.pdf Looks like Jim Hinchey
And what was the first thing they stated in the conclusion...
Who is they Hinchey and Saunders
Page 16 upper right
Phil Saunders, Jim Hinchey both at Gov. http://www.nr.gov.nl.ca/nr/department/contact/mines/mines.html Phillip Saunders
Project Geologist - Exploration Monitoring
Tel: 709 729-5748
Email: philsaunders@gov.nl.ca
Mineral Rights
James P.Hinchey
Manager
Tel: 709 729-6437
Email: jimhinchey@gov.nl.ca
Pages 16 - 70 were done by the above... and they did the maps and Mercer maybe working there as well did the maps and they would know about handicamp...
If you look at page 70 on you can see that while some boring were done at a length of 100 feet the depth when drilled at an angle was rarely deeper than 100 feet
Geoscience Publication
Norm Mercer is on the gov list too
Norman Mercer Exploration Consultant
Tel: 709 729-6193
Email: normmercer@gov.nl.ca http://www.nr.gov.nl.ca/nr/department/contact/mines/mines.html
So, maybe now that Kat drilled deeper they found better results !
sixth hole, DDH-006, recently completed at a dip angle of-45 degrees, 50m west of DDH-004 and DDH-005 intersected mineralization from 118m to 151m a total width of 33m(112.2ft) at a vertical depth of approximately 100m(340ft).
The seventh hole, DDH-007 being drilled from the same setup at a dip angle of-65 has been designed to test for the continuation of this mineralization down dip at a vertical depth of approximately 120m (408ft)... at a greater vertical depth than all previous drilling.
Zone #1 where the first 3 drill holes took place still show that mineralization continues at depth and will require deeper testing to determine the true depth of this area of the structure.
Zone # 2, 200m north of zone #1, where the latest 3 drill holes took place, showed even greater width at greater depths and is now being tested by DDH-007 to see if the mineralization continues.
President/CEO Ken Stead commented "We are very pleased and excited with the drill program thus far and we look forward to the lab results determining the gold and base metal contents. One would have to understand the significances of these drills holes hitting mineralization at such depths and width, with already known gold showings on surface above the drilled areas. And taking into consideration the amount of mineralization discovered along with the limited amount of drilling in comparison to the known depth and 1400m strike length of the mineralized
[2:05:14 PM] Michael Waldmann: Much deeper
[2:07:12 PM] Michael Waldmann: The current drilling program tested the mineralized zone for approximately 0.9 km along strike (trend) at 250m to 300m spaced intervals and to a maximum vertical depth of 200 m. DDH 012 is the southwestern most drill hole of the current program and is approximately 600m southwest of the main Handcamp showing. During the second phase of exploration, the mineralization in DDH 012 will be tested to depth and along strike to the northeast and southwest where the IP anomaly has been traced a further 500 m and remains open. Two other induced polarization anomalies subparallel to that delineating the Handcamp mineralized zone remain to be tested by diamond drilling. One, about 350 m to the northwest, has been traced for 1.2 km and remains open and the second is about 900m to the northwest, and has been traced for 700 m and remains open. The two anomalies are viable targets for testing in the second phase of exploration
WORLD MINERAL DEPOSIT DATABASES Seems USGS and EGGS have the facts
Society of Economic Geologists and Geological Survey of Canada
176 Canada (Newfoundland and Labrador 49.16.55 N -- 056.04.50 W Handcamp Cu; Au; Ag
http://apps1.gdr.nrcan.gc.ca/gsc_minerals/gquerycache/vms/DP/dp176.html
.27 million metric tons ore; Combined with production?: no; Provisional entry?: no; Resource category: geological resource
Grade-commodity information:
Cu: 2.62 percent
Au: 1.34 grams/metric ton
Ag: 56 grams/metric ton
2005: Volcanogenic Massive Sulphide Deposits
Energy, Mines, and Resources, Canada, 1989
Canadian Mineral Deposits Not Being Mined in 1989
USGS Hand Camp Felsic volcanogenic massive sulfide deposit, 14 of 40 in Newfoundland province
Seems like just the facts to me....and the falconbridge boring where used to come up with the resource estimate and they where only 100 deep borings and only about 700 feet in total....and now there is another type of gold deposit...great.....
http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
Quote:
--------------------------------------------------------------------------------
Country
Canada
State or province
Newfoundland
Geographic location:
49°16'55"N, 56°4'50"W
(-56.080556, 49.281944)
Deposit type Felsic
Great Google Earth Photo
You can see the Fifield Pits in the Lower Left hand corner above the middle of the subdivison...you can see Hodderville on the shore...of Monk bay and Armherst Cove and the fault line running through the claim...if you look close you can see where there been some earth moving in the top of the photo under the c in trace and under the 8 km...the 8km is the distance from Fifield pits to North Lucky.. if you look close at the color you can see the different formation the Conception formation in the photo... follow the Vale claim surrounding the North Lucky Claim...
.http://www.nr.gov.nl.ca/mines&en/geosurvey/publications/CR2010/2010_Normore.pdf You can see on figure 2 the various formations on this section of the Bona Vista Note Monk Bay as a point of reference..Armherst Cove see where it has the dots Wolf Head Dyke...(dykes are dams) read the report that is at sea level... note the small purlpe shape above the words "based on" below the picture...Thats the mixtite...
Lower left figure 3 Big Head Formation...layer of Mixtite... the only place on figure 2 with Mixtite is the Center of North Lucky
Layers of SSC that the PY in the middle of the unkown thickness.. the North Lucky PR says 300 feet in places... This is setting on the Basalt basement...the fluids and copper have flowed down over the eons...
NOW look at the section that Vale kept North of North Lucky...along the Wolf Head Dyke.....to the shore....
O Look what are the three new purple dots.....New Quarries...Hmmm what do they line up with the Wolf Head Dyke....
epigenetic gold and volcanogenic massive sulphide-related gold Gotta love those maps when interpeted correctly, nothing more, nothing less LMAO What is your point again....
Within this map, highlighted in pink, are 3 quarries on the Kat and Vale properties.
I contacted the Newfoundland Govt. and was told the start date of each of these quarries.
The top one,(123373 0 Active QUARRY PERMIT 7118875 Bulldog Contracting Ltd. Quarry Permit Commercial Seal Cove Access Rd), on the VALE property was started May, 2010 (hmmmm, this is just before the Option to JV agreement with Kat, and a few months after VALE surrounded Lucky property)
The other 2 on Kat property were started Aug 2002, and Aug 1994
These pits can give useful information, as is stated in PR
Copper mineralization is quite visible in an old pit near a gravel road and impressive malachite staining along with chalcocite is strata bound within the more sandy beds of the sediments. The horizon that contains the mineralization has been traced for approximately 8 miles with copper mineralization at a thickness of 300ft in places. Assay results of 2.5% Cu were discovered in the most exposed areas within this horizon. The most recent work uncovered several large areas of semi-massive to well disseminated chalcopyrite approximately 4 miles on strike from the open pit which reveals the highest copper grades to date.