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
AI
