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Gold/Mining/Energy : Pacific Wildcat (V.PAW)

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To: Dav!d who wrote (38)11/9/1996 4:19:00 PM
From: Dav!d   of 47
 
Any geology experts out there????

The annual report provided some maps and info about the Sulut property. This is what they said,

"Three broad types of geology are present in the potentially exloitable gold mineralization at Sulut. All three form a continuum and occur together as a consequence of the rapid tectonic erosion of a hydrothermal porphyry copper-gold system. With minimum outer limits of 3,000 by 1,000 metres, the currently known extent of the gold mineralization is typical of many porphyry copper-gold type mineralized systems located in the Southwest Pacific.
At Doup, an early porphyry copper-gold style quartz vein stockwork is hosted in an antrusive complex dominated by dioritic rock types. A later superimposed epithermal to mesothermal quartz and carbonate vein system of gold-lead-zinc-silver mineralization has been compared to the Kelian gold deposit in cnetral Kalimantan and represents the higher-grade mineralization at Sulut.
Calcareous sediment hosted gold-lead-zinc-silver mineralization typifies the Bentang prospect area while Parabo exhibits epithermal vein and vein breccia hosted fine-grained gold-lead-zinc-silver mineralization. At Tungau, a similar suite of minerals is hosted predominately within a black calcareous mudstone and a more typical dioritic hosted vein mineralization. Finally, dioritic boulders at Tapabeken contain gold mineralization in quartz veins and breccias, and base metal mineralization in calcareous sediments, suggestive of Doup-type mineralization."

The map shows all targets (Tapabeken, Parabo, Doup, Doup south, Bentang, and Tungau. The geology is quite complex because there are faults at Doup, cross faults at Parabo, and cross faults near Tapabeken. Then, the geology has a mesh of volcanics, breccia (with composite of sediments or diorites), sediments, and diorite.

I am planning on calling Hard Rock analysts to see what they think of the Sulut mineralization.

David
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