Ann: CPO intersects copper sulphide over 200m in first drill hole, page-42

Except the cost to dig a 160m open pit is extraordinarily larger than the costs to dig a 40m pit. 40m @ 4% is significantly better than 160m @ 1%.

Moly mineralisation here is interesting because that would mean they are still in the propylitic/phyllic alteration zone of the porphyry, which could suggest a deeper potassic zone with potential propylitic overprint where bornite/cpy/gold are.

Core photos show they are still in the propylitic zone, theyve also reported a barite halo. Chalcopyrite should become more prominent deeper into the potassic zone

Going to be some expensive drillling if they want to see what is down in the 600m+ zone