MOD 0.00% 42.5¢ mod resources limited

Let's talk NPF contact...

  1. 709 Posts.
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    So, waiting for news while watching SP slide is miserable business, so I figure it is a good time to get a clearer understanding of what the NPF contact means for MOD, and how it can be taken advantage of.

    As Cupric isn't publicly listed, it is hard for me to find information of how they drilled out their resources, the costs, and even mine plans etc,,, i.e. their playbook for the NPF contact.

    JH and our announcements continue to emphasize the potential for this deeper mineralization and how much copper is contained, but unlocking it seems to have challenges.
    It is 500m down for starters, so that is a long drill hole to reach the 10m to 30m contact. This is relatively economical when below a rich dome that is forming it's own resource (T3, A4) but would be poor economically outside of that.
    T3 UG results will give us a clue as to how it works chasing the NPF outwards from the dome, so that is something, but otherwise how is the best way to unlock the value of this large flat resource 500m down, but potentially can extend for kilometers outwards?

    With the T3 open pit mine several years in operation, transferring to UG mining and drilling outwards makes perfect sense and could quickly unlock many years of mine life, but from surface, how limited are MOD in adding NPF mineralization (excluding directly under dome drill sites) without it being extremely costly?

    How would you prefer it handled?

    Clearly MOD have the idea that there is a lot of valuable copper there, and see it as an asset, but a clear plan for adding it as a JORC resource I can't see as yet.
 
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