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Strategies & Market Trends : Winter in the Great White North

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To: russet who wrote (3075)9/21/2002 4:31:20 AM
From: E. Charters  Read Replies (1) of 8273
 
Well you would think a serious student would get academic interest when he wanted to run samples but professors are only interested in courting the buck. Noranda has run more free work through Haileybury school of mines in the summer time and off times than any group students has done in experiments. Of course Noranda donated some of the equipment, so it claims rights to it. But do you think Noranda would hire Hailyebury grads? Nope. It's back to Queens.

I asked Lakehead one time to run a platinum sample for me for TPMS I got from a mirror image of the Roby zone in a like gabbro near Lac des Isles. The prof told me it might cost 4,000 dollars to get it done! I left it there and it never was run.

I went into the Makobe lake area when I was at Hailyebury looking for rand type formations in conglomerates of Cobalt type. The are identical to the hematitic conglomerates of Ghana which carry gold, and the same age. I found some seds and tried to get them assayed in the fire assay furnaces at school on the weekend, claiming it was a project for geologay and assaying. It was. The refused to 12 weeks to do anything. Apparently at the time one of the profs was running silver high grade through the furnaces. I assayed one sample from the area at Bell White and they got .01 in a mafic mudstone. Surprisingly this launched a gov't program to review the Snake River sedimentary formation and they (Frelich) found 0.15 oz./ton gold over ten feet in a conglomerate in Day Township. Trudeau instructed the Bear Island indians to make land claims against the whole Cambrian/Lorraine sediment area from Temagami to Makobe Lake and it was tied up for 20 years. I think the feds wanted control over any potentially gold bearing rocks resembling the Rand in South Africa.

All my subsequent assays of Cobalt era conglomerates turned up zeros. I think they need to be clearly braided fan type rocks down river of specific gold or copper areas. The sediments we have are too far from the gold camps to be of much use. But in the sedimentary areas southeast of Sudbury, they conglomerates run gold in lots of places, usually describes as shears. There are some small mines in the area in gold. But looking at the pattern and their spill off of latter day unconsolidated placers into the Vermillion River, my estimation is that the so called shears are actually zonations as they do not report to major faulting in the area and are confined to clear non-Archean sediments. The source rocks could be fenitized granites in shear zones.

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