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Strategic Elements Ltd.
Summary
| Project: | Behemoth | |
|---|---|---|
| Deposit: | Behemoth | |
| Location: | Australia | |
| Commodities: | Silver-Copper-Molybdenum-Lead-Zinc | |
| Date: | 4/7/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-4-2020: Strategic Elements Ltd. announces an Exploration/Drilling Update report for its Behemoth deposit at the Behemoth project. Drilling results incl. 1m @ 2.55ppm Ag, 899ppm CU, 284ppm Mo, 80.4ppm Pb, 436ppm Zn from 420m. The Behemoth project is in a | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Angus (Not stated) | |
| ABSTRACT: | The Behemoth project is in an area of extensive sand dunes and cover with minimal outcrop and the area around it is virtually unexplored. Magnetic and gravity surveys over Behemoth projects reveal a 7km wide magnetic ring feature surrounding gravity high. This could be indicative of several mineral deposit models including an intrusive or alteration system at depth or an alkaline ring complex. Additionally, meteorite impact structures are able to exhibit a positive gravity anomaly due to crustal thickening linked to the impact process. An Induced Polarization (IP) survey completed by SOR indicated a broad sub-horizontal layering at 300 to 400m with chargeabilities increasing with depth. Possible geological explanations of the broad chargeable zones include widespread sub horizontal weakly to moderately sulphidic ± graphitic sediments or large scale intrusive or alteration systems containing widespread sulphides (2-5%).Two diamond holes were drilled into the southern edge of the circular feature (Figure 1) in December 2019 with BH01 and BH02 drilled to 561.6m and 615.2m respectively with results and potential interpretations discussed below. | |
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