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Gold/Mining/Energy : KRL Resources (KRL:VSE)
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To: teevee who wrote (150)6/18/1999 11:46:00 AM
From: E. Charters  Read Replies (1) of 159
 
Well the geology is right actually. Whether pump and dump or not all drillers generate excitement and brokers et al, get on the bandwagon generating room to dump etc.. Shingingtree is replete with copper and Royal Oak has a large land position with copper-gold showings and has looked at the stuff that Karl Forbes developed in some of the townships, where extremely wide (100 metres) disseminated copper deposits exist. Not production worthy yet, but nobody hammered them either. That area has remained staked for ten years. Some areas where re-examined in latter years with Pelangio-Larder by former Texas Gulf geologist Ken Darke who drilled the discovery hole of Kidd Creek, the largest richest copper-zinc mine in the world in not-far-away Timmins. Texas Gulf started their exploration program under Darke in 1960 in the Shiningrtee-Swayze camp. Darke felt the area was too phreatomagmatic and high level to hold the copper deposits as the explosive volcanism had blown them all out it appeared. They did drill and fly the area though, with the standard amount of success.

Not many geologists would agree with Darke now and I am one who thinks these primary volcanic rhyolitic areas should be re-looked at just as Darke had taken a stab at with Pelangio. Volcanic systems that deposit copper are huge and concentrating efforts near Timmins is not necessarily the way to go. The rocks are right in the Swayze-Shiningtree and one has to look to find. Copper is particularly a dominant part of the plumbing system of the qtz veins and porphyries there with many near ore grade incidences and it is only a matter of time until someone with the right land package finds the layered subaqueous environments with a depositional history due to protected basin and fault system riches.

They are there.

Laissons-nous chercher.

mailto:echarter@grubstake.on.ca
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