The resource for Entree/Ivanhoe's Heruga Cu-Au-Mo deposit has gone up 20% in tonnage terms and 15% in CuEq pounds of copper terms. Very very nice indeed !
The deposit is now inferred to contain 9.57 billion pounds of copper and 14 million ounces of gold, with some decent moly on top of that. This all adds up to a CuEq total of 17.39 billion pounds of copper (at a 0.6% CuEq cut-off) !
This was announced by Entree after the market had closed (31 Mar 2010 @ 7:25pm approx., Toronto / New York time). Looking good for Entree(/PMH) again tonight then ? ...
Rgds, W.
PMH Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
