TAR 0.00% 1.0¢ taruga minerals limited

What would 78mt at 2% Copper and 0.6% cobalt be worth?, page-51

  1. 5,342 Posts.
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    Spot on TTC and it's that first massive Historical drill hole that we are now anxiously awaiting the Niton results from to confirm Cobalt grades and true widths! Some good hits of up to 4% Copper in that drill hole as well.

    Hope we see a ADT style rerate here in coming weeks. Only 136 Million shares on issue and very tightly held with Top 20 holding around 70% of issued shares!

    Heres the hole again:

    KMDD001 was designed to twin KCC/Gecamines diamond hole KBGU18 and was drilled down to 264m. An excellent correlation exists between stratigraphic sequences comprising the Mines R2 Series in both drill holes.
    Two main zones were reported in KBGU18. These included:

    19.5m at 1% Co from 34.6m (*RSC)
    5.1m at 1.5% Co from 54.1m (*RSF)
    26.5m at 2% Co and 1% Cu from 78.1m (*Lilac RAT)
    3m at 3% Co and 4% Cu from 209.6m (*SDB)
    32.2m at 3% Co and 0.5% Cu from 215.9m (*RSC) 1


    Another key aspect to bear in mind is that our new strategic investor Mr Raymond Liu has indicated that he will be negotiating off take agreements on behalf of TAR!
    Last edited by kellbys: 28/06/18
 
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