Hi DBK
LOL
Yes - of course $1/lb, although 1c/lb would be nice!
;-)
In regards to the "proven" side - full drilling was done on the CdB site in the 70's proving 150KT. They have the geological information and also the cement drillcasings from that time.
They will be doing side by side drills to do a JORC standard assay of the site. There is no expectation that they will get a different result (2.14% copper) than what was done in the 70's.
The mineralised target zone then continues - which is where they expect there to be 1MT of copper in total there in the strike.
So the wrap up could be - they have 150KT JORC proven by the end of the year and 850KT JORC inferred some time after.
Hope this clears it up!
All the best.
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