the deposit is massive and close to xstrata's mt isa operations. matter of fact 50kms closer than ernest henry mine. ernest henry is a 89million ton cu mine of lower % copper than cdu. this deposit has the potential to becomes australias biggest copper mine as they have only scratched the surface of the tenement and there is still double oxide and rocklands areas waiting to be drilled. cdu are going to have the next superpit in australia in operation and xstrata will have to pay north of 15 bucks if they want the ground
kactii
AUM
australian mining investments limited