The last time they benificated 5000 tonne of ore, blast hole drilling correlated with the resource block model but ended up being 400 % better 2.5% Cu verses .5% Cu. So you have to wonder what these grades will end up being? Obviously not 400% better but I bet my left knacker there probably is a shipment of 5000 tonne of native copper once it is scalped.
"Head-grades of the trial feed-ore were estimated using a combination of laboratory analysis of samples taken from high-density (3x3m) blast-hole drilling in the pit (open-hole rotary air blast rig), and resource drilling (both RC and diamond drills)...all of which correlated well with the resource block model estimated grades."
CDU Price at posting:
$1.71 Sentiment: Buy Disclosure: Held