KDR 0.00% $1.90 kidman resources limited

prospect d, page-8

  1. 5,279 Posts.
    RY. Just to add - This BRR from last April is interesting especially from 5m 50s on.

    http://asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01292266

    Here SM mentions that the historic mine shaft where they mined at 19.7% is 300m to the east of the Southern Lens.
    So even though KDR has 6.5% Cu from the Main Lode, it is still the Southern Lode that is seen as more prospective!

    Perhaps this is why the share price took off upon H36 results? The market was given 2 points and inferred that there is a good chance that the copper extends from H36, H37 to at least the old mine shaft 300m away (and open at depth), with grades increasing the closer to the mine shaft?

    Does anybody have any comparisons on other copper orebody dimensions?

 
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