CDU 0.00% 23.5¢ cudeco limited

bonanza ore grades reported--cdu, page-19

  1. 30,924 Posts.
    lightbulb Created with Sketch. 174
    seedy, read my two posts. AND read carefully and don't quote out of context. I said "you've only got a small car trailer full at that grade from this deposit." Emphasis here "AT THAT GRADE". The drilling proves that. Yes, that is all the gold that is there for that lens.

    That is why the sp hasn't moved on the announcement. The new drill results are only confirming the earlier ones.

    I also said in my previous post that "Depends how many other lenses there are." You don't usually get just one lens. But they are difficult to find. Hopefully Wilgar is full of lenses.

    You say: "I reckon the fact that there is so much in the few holes there should be more elsewhere." Check out the spacing on the holes. They've drilled three vertical holes two metres apart. The middle one has struck the bonanza - at the point where the two previous holes intersected bonanza grades. The other two (247 and 251) intersected the halo.
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.