EXS exco resources limited

hazel creek exploration update ..., page-15

  1. 19,112 Posts.
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    maddog

    I entirely agree with your post, Bulk Tonnage seems the go at Hazel Creek so far.
    This is not a bad thing with the current Copper outlook.

    The untested area is the interesting part moving forward.

    From the earlier drilling at Hazel Creek, it did already seem to me that it would be a Bulk Tonnage situation.
    The size will be the question though, we will know more in the future.

    I was quite happy with the announcement today, keeps the news flowing for Exco & with another large deposit looking promising, keep the interest up.

    The Salebury prospect looks to be of a good size (just how big, we dont know yet)and good grade as well.
    If Tanbah (right on the railway line) can prove up to a decent size of low grade minerals as well, a good case for a plant around there,could be made, to take ore from the whole Pumpkin Gully Syncline.

    The access to the railway line is very important to keep costs down.

    I am not expecting another Pumpkin Gully update for a while though.

    I'm no Geo either, just a wally who buys & sells stock.
    Exco might well be a medium/long termer though, with all the upside that is around this stock.
    The future looks bright.

    cheers
 
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