CVI cvi energy corporation limited

approx quote, page-52

  1. 15,276 Posts.
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    herbie173...

    Catabola is an IOCG specifically targeting Cu...the gold is a bonus...lol

    The old adit returned something like 80m @ 2.4% Cu (memory?) on subsequent inspection...and they have great lumps of azurite and malachite floating around, over a strike of 1.6km, where the Cu minerals comprise 50% of the host.

    Assuming they have a footprint close to 80m wide...and even just 600m out of the intial 1.6km target zone, a hit at 150m gives us something like 20mt at 2% CU, plus significant gold credits...the top 30m or so of which will be effectively above ground (it is on the side of a hill), so gravity does a fair bit of the mining work for us.

    I have been very excited about Catabola for some time...and they start drilling shortly!










    You can see the river in the background.

    Cheers!

 
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