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SFR..SIR...MOD? We can but hope, page-59

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silene

195 Posts.

27

07/04/16

16:50

Post #: 17448684
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Originally posted by Aussierat ↑

It is not just the copper grading that counts, but the total resource and cost to mine.

Grades .20 below - low grade
Grades .50 above is high grade
Middle Grade - .35

The assays results we need is between .30 - .60 and the interval to be 20 l/m +

Now the first two T3 hole assays may set MOD up as if the copper is decent and the interval is long, all future drilling and assay may follow the previous providing a sp jump on each ocassion and setting up a resource of millions of tonnes = mining

Cost to mine is important and down the track

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Aussierat, what about infrastructure if it does result in a viable mine (down the track) Roads,etc? Hardly near any shipping ports, looking at Botswana's location......

MOD Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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