Oh yes, I forgot. A check of Minview shows that the line of lode of the old mines is contained within about 2 lots of land. These properties have woodland and the hill rises about 200 metres, or thereabouts. The old miners dug shafts from the top of the hill where the copper gossans outcropped, but once CCZ's drilling gives the details of the ore bodies, CCZ's could operate an underground mine with a horizontal adit from the base of the hill, or something like that (see note below) . So, amigos don't be misled about claims that an open pit mine is needed or that mining is not feasible at Cangai. The fundamentals have not changed.
Note from Wiki: "An adit is an entrance to an underground mine which is horizontal or nearly horizontal, by which the mine can be entered, drained of water, ventilated, and minerals extracted at the lowest convenient level. Adits are also used to explore for mineral veins. ... Access to a mine by adit has many advantages over the vertical access shafts used in shaft mining. Less energy is required to transport miners and heavy equipment into and out of the mine. It is also much easier to bring ore out of the mine. Horizontal travel by means of narrow gauge tramway or cable car is also much safer and can move more people and ore than vertical elevators."
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Last
1.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $5.198M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $5.678K | 540K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 8668871 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 2908819 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1515889 | 0.004 |
18 | 13010685 | 0.003 |
12 | 9851913 | 0.002 |
12 | 13653004 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1671109 | 4 |
0.006 | 3189249 | 5 |
0.007 | 537153 | 4 |
0.008 | 1425757 | 7 |
0.009 | 1597508 | 2 |
Last trade - 13.59pm 22/11/2024 (20 minute delay) ? |
CCZ (ASX) Chart |