CNB 6.58% 40.5¢ carnaby resources limited

Ann: MAJOR COPPER GOLD DISCOVERY 41m @ 4.1% Cu Inc 9m @ 10.3% Cu, page-515

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,046 Posts.
    lightbulb Created with Sketch. 419
    Hey Kerry. Management are excited for a very good reason and if you think DeGrussa is good just wait till we get a good look at Nil Desparandum

    (Nothing, is to be despaired of—that is, never despair, or never give up.) Ernest Henry just up the road is 3 times bigger than DeGrussa. Carapateena is 9 x bigger than DeGrussa. It was 760 million tonnes at 0.78% Cu and 0.3 g/t Au. Both Ernest Henry and Carapateena are IOCG's.
    Olympic Dam and Oak Dam West are neighbours to Carapateena. Olympic Dam Dam is a resource that contained 3.8 billion tonnes of Ore at 1.1% Copper. It as an absolute behemoth. A monster size orebody.

    Oak Dam West is 65 kilometres from Olympic Dam and it is also a whoppingly large beast. Intersections included a standout 205m at 2.04% copper and 0.43 grams per tonne gold from 1,247m, including 44m at 5.77% copper and 1.2gpt gold. They are extraordinary numbers.

    With copper valued at around $13,000 AUD a tonne I am confident but not certain that there will be more than one billion dollars worth of Copper and Gold in the ground at Nil Desperandum. When the drill bit gets whirring we will then find out whether a single digit, double digit or triple digit number goes in front of $B. 2022 will be a BIG year.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
40.5¢
Change
0.025(6.58%)
Mkt cap ! $69.63M
Open High Low Value Volume
38.0¢ 40.5¢ 37.0¢ $48.82K 127.6K

Buyers (Bids)

No. Vol. Price($)
1 7861 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 2000 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.