Rooster Talk Episode 45 with Thomas Line, Chief Executive Officer of Taruga Minerals Limited (ASX:TAR) as they look for a potential Giant Copper deposit at the Wyacca Project.
Announcement: 30th August 2021 Drill Results and Exploration Update – Wyacca Project
Expect a great geology discussion on what the latest announcement means for the company and why the results to date give him the confidence to find a giant motherlode.
Thomas gives us a detailed explanation of the VTEM™ (Versatile Time Domain Electromagnetic) figures and what they mean. He also gives a thorough explanation of how they are helping to model the ongoing exploration strategy. More importantly, he explains the importance of having a systematic process of understanding and executing a good exploration plan.
It is useful to see how someone like Thomas thinks when he is interpreting the direction of the copper mineralisation at the project scale.
Watch the interview: Rooster Talk Episode 45
Thomas shares with us the following aspects of the company:
Why Wyacca?
How to understand VTEM?
What do the current results mean at Wyacca?
Using Plate Modelling to differentiate non copper bearing sulphides.
What is the news flow for Taruga?
Wyacca has the potential to be a major copper discovery. Historical High Grade Copper mining at up to 40% Cu.
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 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, South Australia.
Wyacca
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.
About Thomas Line
Chief Executive Officer
Thomas is the project-generator and vendor of Strikeline Resources and its three highly-prospective South Australian projects and 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.
Disclaimer
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.
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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.
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