CNB 7.08% 52.5¢ carnaby resources limited

Ann: Spectacular Copper Discovery - Greater Duchess Project, page-98

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    The mineralisation starts at surface. Recent drilling has linked it back to the old open pits.

    What will happen is a bit more focus on the other IP anomalies. NLIP1 and NLIP3 are certainly worth look. So far only a failed hole into NLIP1 that has not been re-drilled (the drill bit broke down the hole). NLIP1 is below copper workings at surface and the failed hole did not go far enough to test the zone. A drill hole is planned for NLIP3 in the current programme.

    I would like to see some focus on the IP anomalies at Duchess which represent remnant mineralisation and at a deeper level a potentially large copper sulphide body. Remember that Duchess was an incredible rich deposit of some 200,000t >10% Cu. The confirmation of the IP anomaly at Nil Desperandum being because of copper sulphides gives more incentive to test the big anomaly below the Duchess mine (which we know had very high grade lodes).

    I wish it was available at this price now!

    The Evening Telegraph (Charters Towers, QLD). 6 Sep 1917

    On Wednesday Mr. McGinness sold his half share Interest in the NilDesperandum lease, the consideration being £150. The purchaser was Mr. Evans,who until recently holds the position of shift boss at the Dobbin mine

 
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