Would now be a good time for the gold and diamond possibility to become reality?
http://www.falklands-oil.com/
and go to the onshore geology part.
Before the Atlantic Ocean opened, the Falklands were joined to South Africa along the margin of the Gondwana supercontinent.
There are striking geological similarities between Falklands geology and South Africa’s Cape Fold Belt and Karoo Basin, and this has led to speculation that the Falklands might contain mineral deposits of the same style as the well-known, world-class African examples.
Recent exploration activity has found some possible diamond-indicator minerals such as chromite and garnet, although doubt remains as to whether the precise chemistry of these minerals is indicative of an origin in a kimberlite pipe.
Gold grains have been panned from a number of Falklands streams.
Fresh, angular gold grains have been discovered to date in streams, suggesting that the grains have not traveled far from their bedrock source.
Over 300 gold grains have been independently analysed by BGS, confirming three potentially different gold sources:
* a pyritic Black Shale source
* two separate epithermal sources in unknown host rocks.
* A comprehensive exploration programme was conducted in the early to mid 2000s by Falklands Gold and Minerals Ltd. They acquired an extensive aeromagnetic survey of the Islands, and subsequently drilled and cored many of the identified geophysical anomalies. However, they failed to locate any potentially viable gold deposits, and the company relinquished its exploration licence in 2008.
Garnet and rutile grains are concentrated in features such as raised beach deposits. These could potentially form extractable mineral deposits, but are at present considered to be uneconomic due to the geographical isolation of the Falklands.
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