its a wood duck, page-3

actually not that bad... Thought that the results would be worse than that. 10 g/t Au and 0.83% Cu is equivalent to approx $350 to $400 per tonne of rock at today's prices which is better than Olympic Dam (although 28m is big but not spectacular).

At $800 per ounce, 10g/t of Au = approx $300 of gold per tonne of rock in the ground.
At $8000 per tonne of copper, 0.83% of Cu = 8.3kg = $59 of copper per tonne of rock in the ground
Total value of tonne of rock in the ground = $360 approx

If you convert that to a copper equivalent:

e.g.

At $8000 per tonne of copper or $8 per kg of copper. You would need 45kg of copper per tonne of rock to get that value.

Thats 4.5% copper equivalent!!

Pretty spectacular intersection. Although at 28m its well short of Carapateena's 180m intersection (2.8% copper equivalent).

However these holes are very widely spaced and if Carapateena is any indication, a very big intersection could be nearby.

I am now back in. Got nervous earlier and sold out at $1.65 after buying in at 34c so am well ahead on MOX.

Hole 3 meant to be the best. THis hole has surpised me on the upside as I thought it wouldnt be that good.

what a rollercoaster!