joke, page-46

re: grades ? It does not take einstein to look at the announcement in detail, correlate the drill collars , and note the results.

The one half decent hit was a significant distance to the west, above a previous Rio hole, but the drilling in between gave cause for excitement.

If you want to do comparisons to achieve the tonnes and grade others (including the company) espouse, have a look at the widths/grades announced by TTT. You will note the widths are a multiple of those achieved to date by BLR, as are the grades. Once dilution is applied, all the intercepts krieged, TTT still only finishes up with a grade in the 2.7 to 3% category for copper (plus gold and silver credits).

Not only is BLR not getting those grades it has the added cost of zinc in the system, which at the grades indicated comes at a penalty-either in the copper concentrate or requires a seperate concentrate circuit -which in turn bumps up the capex for minmal returns at these grades. (Compare the polymetallic circuits proposed by JML as a guide to the metallurgy).

A multiple of drilling programmes required, you betcha, will they be justified? Possibly-but it is certainly no lay down mizzaire, unlike other posters predictions.

Cheers,TAS