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Gold/Mining/Energy : ECHARTERS

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To: jurka who wrote (3203)9/30/1999 9:53:00 AM
From: Aurum  Read Replies (1) of 3744
 
The paper "The Economic Potential of Terrestrial Impact Craters" R.A.F. Grieve and V.L. Masaitis, International Geology Review, Vol 36, 1994, pp. 105-151 talks about the Sudbury Basin. The nickel sulphide ores were possibly formed when large masses of melted rock mixed to form immiscible sulphides.

The journals "Geology" and "New Scientist" a year or so ago carried articles reporting the work of John Spray of the Uni of New Brunswick, who has found a layer of pseudotachyte 45 square kilometres in extent, and one kilometre thick. Spray says that this pseudotachyte formed by friction along "super faults" produced at the time of an impact.

There is currently a lot of debate that supposed impact structures are actually "Crypto-explosion" features.

The paper by Grieve makes the point that 25% of known impact structures contain economic commodities - and he doesn't include the Rand (symmetrically situated around the Vredford ring impact structure.

Commodities as diverse as oil, nickel, gold and diamonds are associated with impact structures. And two of these deposits are world class - Sudbury and the Rand.
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