Just noticed that there is a lot more detail in MOD's December...

Just noticed that there is a lot more detail in MOD's December "Investor Presentation" on the website at http://media.wix.com/ugd/a5d095_c816b87a752e4814a986610052788ffa.pdf  I suspect that this is the presentation they gave to II investors ahead of the last placing. Good enough to get the cornerstone investor on board it seems.

Looking at some of those  soil anomalies they've RC drilled, and now going back to follow up with the diamond drill, well... no guarantees in this game, but looks like they're zero-ing in on those new targets.



My reading of today's announcement is that they are focussing on a) proving up T1/T2 as a cupric style deposit, and b) T3 as the new style of deposit.

Cupric of course has multiple 100mt+ deposits so important imho for MOD/the JV to show they have same potential for that style of redox mineralisation, on top of the different mineralisation style they've seen at T3. That way they have multiple strings to their bow to try and extract maximum value should MOD and/or MTR look to sell at some point.