That's quite a tidy intersection if you include the possible byproducts (comes to around 0.9% Cu equivalent for the polymetallic interval), and for higher La grades e.g 0.13% is roughly 0.8% Cu eq. Lanthanum price is highly volatile and wouldn't want to rely on it too much in the base case, but at anything like current prices ($62/kilo) it offers attractive upside. Also need to bear in mind the complexities involved in extracting it, they will need to prove up a substantial quantity to make it worthwhile as a byproduct.
Not holding atm, but very interested in seeing how the rest of it assays.
SMD Price at posting:
6.8¢ Sentiment: None Disclosure: Not Held
