CDU 0.00% 23.5¢ cudeco limited

Ann: Wilgar high grade results and possible new c, page-13

  1. roh
    4,061 Posts.
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    re: Ann: Wilgar high grade results and possib... Mr stoat gobbler

    The gold at Wilgar is what you were guessing on. Wilgar has little copper of any significance. It does however have rich deposits of gold, silver, uranium, tellerium and molybdenum along with a number of lesser minerals in this polymetallic area open to the north, south ,east and west.

    The copper Wayne has reported on is in an anomaly just to the north of Wilgar and could possibly be joined to it as they are not far apart.

    I cannot fathom what you are talking about when you are talking about digging up small deposits as you follow on from a statement about copper.

    Could you be more specific as I drew to your attention above that there is little copper at Wilgar.

    What I found of interest was the following"Visible copper mineralisation has rarely been seen in bedrock drilling chips at Rocklands due to the typically shallow and heavily oxidised/leached profile of the depths being targeted[ usually from surface to 14m]. An exception are areas immediately above Las Minerale and Rocklands South, where abundant visible copper oxide minerals were identified in surface bedrock chipd during the original bedrock drilling programme at Rocklands in late 2005/early 2006.".

    Las Minerale and Rocklands South open cuts are where our initial wealth will come from but Wilgar could surprise. Las Minerale and Rocklands South contain the riches in copper, cobalt and gold that will be rewarding shareholders for many years to come.

    The drilling programme will progress in combination with the mining and is throwing up more and more mineral finds.

    Cdu is a success story already and mining has not even started.
    ----------------------------------------------I believe there will be some very embarrassed journos and happy shareholders when the first production starts.

 
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