Frankly, I do not really understand, page-40

Hey all,

So here's what CLA set out to achieve (click thumbnail):

And just to reiterate the key point:
33 - 41 MT, grading approximately 0.13 - 0.17% cobalt and 0.45 - 0.65% copper* (150 - 250 metres depth)

Here's how this plays out:


So if they hadn't confirmed the Easterly hole of DOFD0077 hitting 4m @ 0.13% at a hole depth of 480m OR vertical depth of 380m, we would still be working with the 150-250m depth. But with the news yesterday:
Deeper mineralisation (450.50 m to 454.46 m) confirmed on the western side of the project in DOFD0103 - 3.96 m

This now means the average depth could grow to 350m and the table I've prepared above shows how that changes the resource size. At an average depth of 250m it pretty much hits the exploration target perfectly between an average width of 4.4m to 5.5m.

So what lies ahead for February in terms of the Maiden resource estimate... I think the exploration target will be met comfortably. Especially because they will intend to mine it at any depth via open-pit and underground methods.

Cheers and GLTAH! Certainly a good time to accumulate.