show me the money ! how big is the dividend ?, page-24

Hello Shareholder,
The pyrite referred to here is iron pyrite not copper. Almost all the cobalt is associated with pyrite. Not chalcopyrite.

Cudeco has 3 ore body types, chalcopyrite, chalcocite and native copper. Pyrite and magnetite are in all these orebodies. This is why the company has spent $4M to date on the metallurgy testing as they are developing a single process for extracting all these at high recovery rates.

Details of all this ( and well worth the read, as I did again) are in the following announcement Metallurgical Testing Update dated 16 Dec 2010

If you look at Fig 14 you will see Electron micrograph showing chalcopyrite and pyrite.

http://www.cudeco.com.au/pdf/20101216%20Metallurgical%20Testing%20Update.pdf

I hope this helps with your question on pyrite.

Regards,
Desie101