MGV musgrave minerals limited

Ann: CYM:HIGH-GRADE COPPER SURFACE SAMPLES AT THE CUE COPPER PROJ, page-31

  1. 2,013 Posts.
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    I would not put too much emphasis on these rock chip results - whilst positive, rock chip samples from surface can be very high grade and then the drill results are nothing like the rock chip results. I assume this is due to weathering which enriches the rock chip samples (maybe a geo can confirm this). I remember years ago when I first started investing in explorers I got very excited when Dragon Mining reported high grades from rock chip samples in northern WA - I rushed out and invested all my savings in Dragon and when they drilled the results were average. Having said this, I think the CYM ground is good and their management team is excellent.
 
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