future direction, page-52

First 52 Last

Share
Profile

Follow
RichardNixon

3,801 Posts.

27

04/08/14

00:46

Post #: 13762295
Share

Originally posted by Hotrock1 ↑

That's what I am seeing RN ... ~ 2000 ppm (0.2%) Mo..not too shabby at all. I am used to around 300 ppm Mo ..not to be confused with the MoO2.. or the tri oxide.

To convert Mo assays to MoO2 multiply the ppm X 1.5 as the closest approximation. MoO2 current price is approx $12.5/lb.

Some of the worlds highest grades occur at the Merlin mine at MT Dore (just south of Cloncurry).

Ivanhoe used to own it until they reinvented themselves as Inova recently and were subsequently taken over by Chinova very recently ... the link below will give you the drift .

http://www.inovaresources.com/articles/projects.html

CDU tenements seem to hold high grade multi metal prospects...this is potentially a good derisking situation.Let's see how it unfolds.

An area of interest to me has high Uranium grades (similar to Wilgar) but a lot higher Mo assays ..more in line with Merlin grades..it's also polymetallic.

You just gotta love the Cloncurry area ..never know what pops up if you dig up some dirt.

Cheers HR

No advice ..just dig deep and DYOR. At least there is now a tax deduction for explorers ..about time...I'll dig deeper now.

Expand

I know the Merlin story fairly well. That deposit is a geological phenomenon and its Mo and Re grades are exceptional. If you are getting anything similar at the project you are looking at then you are doing ok!!

CDU Price at posting: $1.72 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

DMP

Is Domino's a steal after -25% plunge?

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

First 52 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

future direction, page-52

Top Stories

Kula picks up unexplored niobium play in Malawi, with surface samples logged

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Is Domino's a steal after -25% plunge?

OncoSil wraps up recruitment for key pancreatic cancer trial

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

Featured News