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Wednesday, July 10, 2024 11:31:57 AM
Sean reached out to me to comment on some of the research I was sharing concerning the possible magmatic or meteoritic origins of PGM's in central idaho or the Idaho Batholith. I have since deleted many of these twitter posts of mine because they are extremely inferential and do not explain even foundationally as to why some of these XRF readings are so high in iridium, nor the implied ubiquitousness of PGM's across their claims. I will quote below because I think it is important to the conversation here:
Steve Dobson is the contracted geologist working at Sidney currently, employed by Western Frontier Mining Services. I am inclined to believe that the geological basis for PGM's is being investigated, but the puzzle remains incomplete. Nevertheless, what they have found out is enough to warrant investment of the company's time and resources in order to exhaust. I would like to take a step back from this precariously steep speculation we have found ourselves in and allow the company to come up with something more official concerning this subject, backed by redundant results of multiple analytical modalities, ie: lab assays, etc.
I remain very certain that this "foray" doesn't indicate anything wrong with SDRC's endeavor to sell gold. I believe it is just the opposite. They are handling such a large amount of money in the form of concentrates, that they feel the obligation to investigate and exhaust any and all possibility of leaving value on the table at sale; a process, if neglected, that can mean a difference in millions to many millions of dollars. This particular meteorite matter has snowballed into something that if taken to a breakthrough conclusion, can dramatically alter our understanding of the region and its geological past, possibly, in turn, attracting renewed academic interest (which may possibly also bring renewed economic interest) to the surrounding mining districts.
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