Thomas Line, Chief Executive Officer of Taruga Minerals Limited (ASX:TAR) is bringing to light a potential Giant Copper deposit.
Mr. Line brings a great discussion on the company's latest announcement - the Drill Results and Exploration Update of the Wyacca Project. He explains why the company is confident with finding a giant motherlode based on the results so far.
If you have a deep curiosity about geology, this discussion is definitely your cup of coffee :) You may want to pull out your notepad and pen and get ready for some caffeine shots. There are lots of solid takeaways and what is really useful is also to see Thomas Line's train of thought and how he interprets the direction of the copper mineralisation at the project scale.
Wyacca has the potential to be a major copper discovery. Historical High Grade Copper mining at up to 40% Cu. - Thomas Line, CEO, Taruga Minerals Limited
Mr. Line's style of conversation is a very clear and detailed one. He breaks down for us what the VTEM™ (Versatile Time Domain Electromagnetic) figures mean and how they are helping to model the company's ongoing exploration strategy. What helps build confidence is also the importance of having a systematic process of understanding and executing a good exploration plan.
Follow Mr. Line's step-by-step explanation here:
Why Wyacca?
How to understand VTEM™ (Versatile Time Domain Electromagnetic)?
What do the current results mean at Wyacca?
Using Plate Modelling to differentiate non copper bearing sulphides.
What is the news flow for Taruga Minerals Limited?
Watch the interview: Samso Rooster Talk Episode 45
Chapters:
00:00 Introduction
01:08 How are the recent results help your thinking at Wyacca?
05:29 All about Powder Hill
09:16 Coincidence of VTEM and Drilling - Is this a practical rule?
14:37 Exploration strategy to differentiate non copper bearing sulphides.
15:50 How the different VTEM timing mean for Taruga?
20:45 The reason why Taruga is a copper mineralising Tindelpina shale unit.
21:36 The plans for Taruga Minerals Limited in the next 12 months.
23:13 Conclusions
PODCAST
About Taruga Minerals Limited (ASX:TAR)
Taruga Minerals Limited (Taruga or the Company) is a mineral exploration company listed on the Australian Securities Exchange (ASX:TAR) with a focus on acquiring and developing highly prospective Gold, Copper and precious metals exploration projects in Australia.
CEO Thomas Line is supported by a highly credentialed Board, and has provided the Company with exposure to the exciting, under explored, High-Grade Flinders, Torrens and Mt Craig Copper-Gold-Silver Projects on the margin of the Gawler Craton, South Australia.
Wyacca Project
The Wyacca Mine (Cu) is located in the northern portion of the MCCP, Adelaide Fold Belt and was the first operational small-scale mine in the MCCP area.
The Wyacca Project area now expands over a 4.7km long by 1.5km wide alteration zone,
where multiple layers in the stratigraphy, not just the Tindelpina Shale, are now known to be mineralised.
Early-Time VTEM Anomaly Coincident with IP Anomaly at the Wyacca Project Area, Showing New Drill Results, Previous TAR Drilling Results, and Historical Drill Result Highlights.
About Thomas Line
Chief Executive Officer
Thomas is the project-generator and vendor of Strikeline Resources and its three highly-prospective South Australian projects. He has been responsible for their development to date. Thomas is an experienced geologist and project manager with 10 years’ experience in mining, exploration and resource development. Thomas holds an honours degree in geology, is a member of the Australian Institute of Company Directors (AICD) and is committed to the successful future development of the Flinders, Torrens and Mt Craig copper projects.
Contact Taruga Minerals Limited
a/ PO Box 5638 St Georges Tce, Perth WA6831, Australia (Postal Address)
a/ Level 8, 99 St Georges Tce, Perth Western Australia 6000 (Registered Office)
Bonus eBook for Investors
VMS (Volcanogenic Massive Sulfide) Deposits Explained
In simple terms, Volcanic-associated Massive Sulphide (VMS) deposits are caused by underground metal-rich volcanoes rising and creating a cooking environment.
We suggest you download this eBook which explains the VMS and How to Add Value to your Share Portfolio
Disclaimer
This article is sponsored content.
ASX companies engage Samso and Brilliant-Online to share their commentary on the progress of their companies and projects. The author, owners of Samso and Brilliant-Online and associated entities may or may not hold shares of these companies.
The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. - Samso
About the Author
Noel Ong, CEO of Samso tells compelling stories by engaging business leaders to reveal insights beneficial to the investment community.
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