Meteorite may have ‘rained gold’ on Australia
- •It's also interesting to consider how this kind of research, even if it's about ancient impacts, might influence future exploration strategies.
- •Are there distinct geological signatures from these kinds of events that prospectors could look for?
- •Knowing about these very specific, localized phenomena just adds another wrinkle to the due diligence.
Hey everyone,
Just read this fascinating article on Mining.com about how a meteorite might have "rained gold" on Australia: https://www.mining.com/meteorite-may-have-rained-gold-on-australia/. My initial thought was, "Well, there goes my retirement plan of just casually strolling around Western Australia with a metal detector!" Kidding, mostly. But seriously, the idea that meteorites didn't just deliver precious metals but also redistributed existing gold after impact is pretty mind-blowing. It always makes me think about the sheer randomness that can play into resource discovery, and how much we still don't fully understand about geological processes. I've been eyeing some gold exploration stocks lately, and while this article isn't going to make me suddenly dump my holdings or dive in headfirst, it definitely adds another layer to the long-term prospects narrative.
It's also interesting to consider how this kind of research, even if it's about ancient impacts, might influence future exploration strategies. Are there distinct geological signatures from these kinds of events that prospectors could look for? For many years I’ve invested in more established mining companies, but with my kids getting older and less dependent, I’ve been looking into more speculative plays. Knowing about these very specific, localized phenomena just adds another wrinkle to the due diligence. What do you all think? Anyone else reading this and suddenly wanting to invest in giant slingshots for asteroid deflection?