2. rina project
"this was heavily targeted by prosperity resources, who used diamond drilling down to 850 metres to determine this was a cu-au porphyry system. i'm no geologist but the average over the drilling is about 0.2% cu and 0.3% au, so would this be sufficient to go ahead and mine?"
They drilled a total of two deep diamond drilled holes...hardly "heavily targeted"...incidentially they reported "intersecting continuous mineralisation in both holes from surface including 157 m at 0.27% copper and 0.25gt gold and 233 meters 0.21% copper and 0.33gt gold ...
No ...I don't think anyone would go ahead and mine on the strenghth of only two drill holes....clearly more work needs to be done....I think work stopped on the project due to funding issues with JV parners
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