LNR lanthanein resources ltd

andewa project drilling demonstrates excellent, page-21

  1. 769 Posts.
    Geez some people are hard to please. Peter's pretty much spelled it out:

    "World Class Porphry Copper - Gold - Molybdenum... 2 Drill Holes Collared 2,700 Linear Meters Apart"

    "copper and molybdenum sulphide minerals (+/- pyrite) to the end of hole at 398.8m and 389.9m respectively"

    "Veinlet/vein and very fine grained to locally coarse disseminated chalcopyrite are readily apparent in hole ADH 001, along with local bornite, chalcocite and molybdenite"

    "...primary copper mineralisation consisting of chalcopyrite, with minor bornite, chalcocite and molybdenite that occurs over most of the length of the holes..."

    and just look at Figure 13 to get a sense of the scales we are talking about.

    It's a porhyry, it's very extensive and extends to great depth and in all likelihood going to have moderate to low grades with isolated higher grade zones. The huge tonnages will support the lower grade. Not going to be some 7m at 4%Cu WA shear zone. Hopefully going to be a 1bt plus monster that will have the majors falling over themselves to get a piece of the action.

    Wafi-Golpu Deposit:
    In October 2010, Harmony reported on drilling of the Wafi-Golpu deposit, which extended the mineralisation beyond the porphyry copper-gold resource of 16Moz of gold and 4.8Mt of copper. In January 2011 we advised that further drilling has extended the deposit. The latest drilling shows even better results.
    �WR377: 883m @ 2.15% Cu and 2.23g/t Au (5.33g/t Au equivalents�) from 913m including 628m @ 2.82% Cu and 3.06g/t Au (7.13g/t Au equivalents�) from 1043m
    The intercept correlates with a zone of chalcopyrite and bornite mineralisation in the porphyry and surrounding metasediment. This hole extends the known porphyry mineralisation significantly outside the current resource shell. Mineralisation is open at depth and to the north of this intercept.

    Bolding added for emphasis.
 
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