CRR 40.0% 0.7¢ critical resources limited

Ann: Oman Drillng Update, page-58

  1. 3,356 Posts.
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    Massive sulphide is not necessarily the best graded mineralisation - the various species of supergene secondary mineralisation are better: bornite, chalcocite, azurite/malachite, etc. The JORC resource shows the supergene domain, which bumps the overall grade:

    https://hotcopper.com.au/data/attachments/2722/2722581-9167ca3fbef5f912c00f8efa317ac0bf.jpg
    Expanding the massive sulphide section is the best bet at expanding the resource though, as MS is usually deeper and harder to find. MS zones are usually also what make a mine economic, because of scale+grade.

    I believe the Lasail deposit in block 4 is mined out, the figure given is historic. The best immediate prospect for Force is expanding the existing 800Kt high grade resource in block 5.

    If Force can get it up to 2Mt @ 3% Cu it could be worth toll mining as others have said.


 
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