CBE state: "Mineralisation is expected to sub-outcrop under approximately 65m of cover".
Cupric Canyon reported that "sulfide ore is encountered at approximately 70m below the surface at its shallowest" at Zone 5.
So as far as depth below to surface at NCP08 to get to the ore, we are in the same ballpark as Zone 5. This is significant as it implies that boxcut ramp access to an UG mine is likely to be economic, as it is at Zone 5. Ramp access and haulage is significantly cheaper than vertical shafts and winding.
CBE Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held
