PRW 0.00% 0.1¢ proto resources & investments ltd

announcement today, page-18

  1. 69 Posts.
    F3000 is spot on. I suggest that the chalcopyrite from the photograph looks more like 2-3% i.e. <1% Cu. Mortimer has mixed so many geological metaphors that it appears that he has no clear understanding of what he is dealing with. There is clearly some alteration but to say there is a world class deposit let alone a mineable resource is at the moment laughable. If prw holders are lucky then the alteration is peripheral to significant mineralisation. (to be found by future drilling). However the world class deposit has not been found yet. To be talking about significant, at 300m below surface, you would want to see intersections in excess of 3-4%Cu to be close to economic.
 
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