Yes it is 50/50 at Barbara with Geochem. Geochem are fully funding the JV. Barbara is a Copper-Gold mineralised system, with very rich Copper Oxide near surface and extends down plunge with a low strip ratio. It extends outwards for over 1.2km!
All the other tenements are 100% owned by SMD.
A great moment to invest in Copper with the large acquisitions and take overs going on with China.
Many further announcements over the coming months. Strong news flow.
SMD Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Held
