quarterly just arrived, page-7

Beside the fact we are going mining latter part of next year the things that scream at me were:
"Deep Drilling Under Las Minerale
? Initial deep test drill hole confirms high-grade mineralisation to at least 650m down-dip at Las
Minerale - potential for future underground operations being investigated"

HOLY MOLY I like that and of course a single hole doth not an undeground mine make but I just have this feeling that the resoource is potentially vastly understated based on the EXPECTATION i have re the depth of this resource. Who knows? are we sitting on a 3 or 4 times greater resource ?

Then the new tenement - Wayne and crew beleiver there might be another Las Minerale there !! Crickey

You know CDU could become a monster (in the positive sense).

Someone was asking what the drill rigs were doing. Interesting question as the part of the tenement I saw there were almost none to be seen within the near vicinity. Could they be out at the new tenement drilling right now or are they being leased out and to whom ? I could not get an answer to that one.
I saw the town of Cloncurry and the Cudeco Facilities. Certainly stepped up to a level which has major impact to the town. Cudeco offices, back up facility for gear storage in case of floods, accommodation, etc. Then the tenement with offices popping up everywhere and new ones arriving on site just last week.
Saw the crushers - shiny new for crushing rock and recycling inot the roads and dam wall. Wow the size of the dam, the wall will be 8 meters high in places. Reckon coould use it for recreation LOL. The trucks, diggers, freakin everwhere. the 250 m by 250 me processing facility.

Saw the site where the rail loading facility will be located too. Anyway I was really pleased with the progress. Serious money being spent on it now! \

Happy with this one. Just hope we dont get bought out or something. My feeling that will not happen due to a number of blocking interests.

Mt Isa Smelter will be decommissioned and Xstrata are talking to the ports for their own unloading facility. Perhaps the copper part of Xstrata up there is finished and its Nickel and Lead only ? Dont know.

Oh yes I saw the original little mine site that was operational up until Wayne bought them out. Anyway, amazing setup and fascinating part of the world