AW1 used to report assay results using a 0.5% cu cut-off. The company stated in a preso that 0.5% was considered economic.
Then they lowered the cut-off grade to 0.2%, last year.
Then in the Dec Qrtly they reported the assays on the last of the deep holes, as siginificamt intersections, down to as low as .01 - .02% (reported as ppm).
The cut-off grade for the MRE was 0.35%.
They are doing shareholders no favours by doing this, imo.
Ann: Thick Copper Hits as Drilling Accelerates at Storm, page-13
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