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  1. 14,880 Posts.
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    Anything above 1.5% copper is considered high grade. The average grade around the globe is 0.6%. Really large copper grades like SFR's DeGrussa are rare these days. That's another reason why the copper price is so strong. Demand is increasing but high grade deposits are becoming harder to find.
    This is a solid set of results without being spectacular. It confirms that Jervois will be a major mine. It's going to take time to drill out.
 
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