30 millions tonnes...

I wonder how many people realise that CDU actually have 30 millions tonnes of JORC inferred resource even today?...

This is from existing information and ignores everything discovered since the revised 25 million tonne resource was announced...it does not inlcude the recently announced 50m strike extension, nor the additional 30 or so holes they have likely drilled since then, nor those drilled previously for which assays are still awaited.

Nup...we know this already!

Las Minerale = 25 miilion tonnes @ 1.67% Cu
Double Oxide/Rocklands = 5 million tonnes @ .77% Cu

Total = 30 million tonnes @ 1.52% Cu (av)

Notice no Au or Cu credits...so the Cu equivalent grade will actually be much higher!

My guess, given the drilling we can assume has taken place over the last few weeks, combined with previous drilling not yet included in the JORC inferred resource, that they are now in a position to announce an upgrade to something like 40 million tonnes @ 1.5% Cu.

If they wanted to that is!

Of course, when they deep drill the Rocklands and Double Oxide resources, we may be able to lift this substantially.

Cheers!