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Each sample bag is labelled with a unique identification number from a ticket book and the duplicate
                 ticket is torn out of the book and placed in the bag with the sample. When the core has been cut it is
                 submitted  to  the  laboratory  for  assay  along  with  the  required  number  of  blanks,  standards  and
                 duplicates for proper quality control purposes.

                 Interpretation
                 When the results of the assays become available, they are plotted along with observations from the
                 logging onto cross-sections. This enables the results to be easily visualised and interpreted by the
                 geologist.
                 Intervals of significant mineralisation are identified and reported as the average grade over an interval
                 of drill-core with corrections applied to account for the angle of the hole. This is how the true thickness
                 of mineralisation is obtained.
                 Investors should always be on the lookout for drill hole data that has been reported without corrections.
                 Some companies have reported results of drilling that are at an oblique angle to the mineralisation
                 without any corrections, giving apparently very wide zones of mineralisation. In extreme cases some
                 companies  may  even  drill  parallel  to  the  mineralisation  with  seemingly  hundreds  of  metres  of
                 mineralisation. Therefore, company exploration reports should always be read with care to avoid any
                 misinterpretation of the data.

                 What the –IC? An Introduction to Alteration


                 Overview
                 Alteration  is  a  term  that  appears  in  almost  every  junior  mining  company  press  release  or  project
                 description,  often  repeated  many  times  in  a  single  paragraph.  It  is  usually  prefaced  by  a  strange
                 assortment of words ending in –ic, like potassic, advanced argillic or hematinic.
                 Entire  journals, textbooks  and  theses  explore  in detail  the  formation  of  alteration minerals  and  the
                 patterns  they  form  around  the  world’s  most  important  ore  deposits. Understanding  alteration  is
                 essential to understanding where the next big discovery will be found.


                 What is alteration?
                 Ore deposits form in many different ways and valuable minerals accumulate in igneous, metamorphic
                 and sedimentary settings.
                 The most common ore forming processes involve the relocation and concentration of metals by fluids.
                 Some fluids are released by a magma, others are hot, aqueous fluids circulating deep within the crust
                 or cooler groundwater’s percolating down from the surface. Many are a complex combination of these.
                 In most cases alteration is caused by these fluids moving
                 through the tiny spaces between the minerals in a rock and
                 along structures like faults.

                 Alteration involves the modification and replacement of the
                 original minerals in a rock with a new suite of minerals with
                 different chemistry.
                 Minerals can be altered by sudden changes in temperature
                 and pressure too.

                 New  alteration  minerals are deposited  in  cavities  or
                 fractures,  change  the  chemistry  of  existing minerals  or
                 replace them with new minerals entirely. Replacement of
                 one ore mineral by another, or by a mineral formed during weathering is common in many ore systems.
                 Sodium- and calcium-altered porphyritic granite from Yerington, Nevada, USA (jsjgeology/flickr)





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