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10/07/18
10:14
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Originally posted by bobadah
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“This is probably the most exciting hole we have completed to date, with multiple zones of strong base metal mineralisation now encountered some 120m down-plunge of the discovery intercept. This proves the continuity of mineralisation at depth and demonstrates that we have a significant emerging discovery on our hands at Mt Hardy .
‘’It now appears that we may be modelling the upper, thinner zones of mineralisation rather than the thicker base metal-rich sulphides. This opens up the possibility that some of the holes we drilled earlier in this field season may not have been drilled deep enough to properly test the target zones. We are currently reviewing all of these holes in consultation with our geophysicists and will look at a number of extensions to previous holes. “With data from recently completed down-hole EM surveys expected over the coming days, we expect to be able to site further follow-up holes to maximum effect to further evaluate the full scale and potential of this exciting high-grade base metal discovery.”
Don't forget, folks, copper is going to be a much needed element in the roll out of electric vehicles.
Hard to understand why so many shareholders are getting out at rock bottom prices. I have actually been buying, including the options.
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I don’t understand geology but at what depth is this find? The deeper the find, the more expensive to mine? I’m trying to understand the quality of this find in relation to reality of extracting from the ore body.