George, well said. -Jimsy, your erosion comment does not apply. ;) *A flat lying volcanic would likely not erode any differently than a vertical one! Your comment about the presence of diamonds was right on, tho! -The tonnage implications here are enormous, people.
I have taken some time to read over the technical (as it is appropriately termed in the NR) update news release, and Wow is it packed with mucho juicy tidbits! It requires several reads to glean some of the meaning, but the significance is in there. Remember it is a TECHNICAL update. I will hi-lite only some of it here, but I haven't a lot of time. Nor am I a geologist. But man, there is so much meaningful information included in the update! Where do I begin?! -
- Let's hope Sudhir Khanna will take some time and offer his opinions. He is definitely way more knowledgeable than I!
Remember that not even all the core has been logged yet:
This is a preliminary update prepared by Marum Resources, the project operator, on the basis of technical work performed by Marum, project manager Apex Geoscience and two other geological consultants. Core logging and sampling operations are still in progress.
- More to come. B^D
- - - - -
I am SURE this release was worded carefully so as to wait for lab confirmation (as well as further work), but I think it offers great support/ evidence for the concept that we are sitting on phenomenal tonnage potential, of mantle-sourced volcanic material, shown to contain indicators of diamonds (need lab reports for crystal reports), and proof that the volcanic material uncovered still lies at source:
[T-9] The preliminary examination of samples has yielded numerous confirmations that the rocks are primary volcanic pyroclastics. One spectacular indicator is a grain of drop glass that was extracted from small sample of Target 9 core. It consists of a glass droplet with a delicate glass filament tail that formed as a drop of molten magma was thrown into the air and spiraled into the building mass of pyroclastic rock outside the volcanic vent. The droplet and tail, which could not possibly withstand any sedimentary transport without breaking, is perfectly preserved and contains gas bubbles. The glass and trapped gas may yield evidence concerning the composition of the original volcanic magma.
The following statements lead to the significance of the P-1 sequence:
Both the Target 7 and Target 7-D holes, at 30 metres, contain a
5-metre thick unit that is of undisputed primary volcanic origin.
The unit is called the "P-1 Sequence" since it is the first true
pyroclastic identified in the area. It is capped by a hard,
sulphide-rich, carbonate-veined, dense pyroclastic that overlies a
sulphide-rich rock described as a dark green, mica-rich, densely
packed, accretionary lapilli pyroclastic with chlorite alteration,
some serpentine textured alteration and as yet unidentified
splotches of a dark blue metallic mineral. Additional pyroclastic
units that have not yet been examined in detail underlie the P-1
Sequence. However, a quick microscope analysis of a grab
sample taken from a core depth of 107 metres is described as a
"dark green crystal pyroclastic with moderately packed lapilli,
scattered mica and sulphides, containing fragments of crystal
lithic pyroclastic and showing evidence of chlorite, slight
serpentine alteration and occasional blue metallic splotches".
All of the pyroclastic rocks are vesicular; that is, they contain
slightly elliptical, slightly deformed bubbles formed by the de-
gassing of the hot volcanic rock. The Target 7-D hole appears to
contain a number of significant pyroclastic units over an interval
of 75 metres below the P-1 Sequence.
The following continues the picture:
Target 9 was drilled to a depth of 175 metres. Rocks with
pyroclastic textures and minerals were encountered throughout
the hole. The most important of these is a 10 metre thick unit
encountered at a depth of 38 metres. It consists of a brecciated,
somewhat fragmental, sulphide-rich, crystal pyroclastic that is
underlain by a hard layer consisting of dark green vesicular,
slightly pelletal pyroclastic rock with horizontal calcite veins and
multiple horizontal and cross-cutting veins of sulphide minerals,
including pyrite, pyrrhotite, possible chalcopyrite and splotches
of a dark blue metallic mineral. This veined layer is underlain by
a spectacular dark green and dark brown, massive, densely
packed, pelletal lapilli pyroclastic with a fine-grained chloritized
matrix. The dense pelletal unit contains disseminated sulphides
as well as beautiful sulphide latticeworks that envelop the lapilli
structures. The base of the main pyroclastic unit consists of a
medium gray matrix with sparse lapilli and minor sulphides,
including blue metallic minerals.
Read the following (take a breath), and consider the tonnage involved:
The topmost pyroclastic unit encountered in Targets 7, 7-D and 9
are considered to be stratigraphically equivalent due to their
virtually identical internal stratigraphic structure. That is, the P-1 Sequence has been identified at precisely the same elevation in
the three targets. Targets 7 and 7-D are 600 metres apart and
both are located approximately 13 km from Target 9. All three
targets are on elevated ground and the P-1 Sequence is projected
to outcrop around the periphery of the Naylor Hills, the
dominant topographical feature of the area. P-1 is flat lying and
its elevation is now precisely known. A preliminary calculation,
using an average thickness assumption of 7 metres, suggests that
a very conservatively estimated minimum of 600 million tonnes
of P-1 Sequence material is available for surface sampling on the
joint venture permits. A significantly larger tonnage of P-1
Sequence material can be projected to be available at nominally
higher rock strip ratios. In other words, based on recent drill
intercepts and the results of previous sampling programs, the P-1
Sequence is a flat-lying volcanic, possibly kimberlitic, layer
between 5 and 10 metres thick and is projected to outcrop along
the edges of the Naylor Hills in a band varying between 300
metres and one kilometre wide, covering a conservatively
estimated area of 30 square kilometres without any rock cover
and with virtually no overburden.
- Boing.
Imagine also the low mining costs and the real prospects here, if the pyro-volcano-clastics prove to be diamond bearing! This is an extremely significant news release. -- Wait for it to sink in, and as anaylsts dissect it.
Lastly,
Several mini-bulk samples of one to 5 tonnes each are being planned for execution immediately following spring breakup.
- More BIG news! Follow-up mini-bulk sampling. yessir.
..Since 1995, at the beginning of the Chinchaga diamond program, Marum Resources Inc. has been acquiring the components of a mobile bulk sample processing plant. The equipment is in storage in Calgary and Edmonton and is readily available for mobilization to the Chinchaga area.
- The makings for an onsite bulk-sample processing plant. -That's outta left field! I'm smiling.
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Folks, this company is quietly shaping up to be a major player!
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What an extraordinary amount of information is included in this technical update. And extraordinarily encouraging! I am certain this will get attention.
BTW,
Any wishing to, might email queries to president Boulay at:
president@marumresources.com
I'm sure he will answer questions as he can. And if any do, and you're able, please report back here!
Cheers,
-j
:>
PS, the following was added to the MMU email-out NR:
Please Note: We will attempt to update our project website with new maps, photos and other materials as soon as possible and will advise you by email.
- That website is: mmu.simplenet.com |
