HMX 2.50% 3.9¢ hammer metals limited

Ann: Broad Cu-Au Zones along Trafalgar Trend, page-17

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  1. 5,948 Posts.
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    I don't want to be a Debbie Downer but ..

    the grades look generally pretty ordinary. Compared to what Mt Isa Mine has 3% to 4% copper, 2.21% and 1.7%. Factor of 5-10 better and grade is king.

    "...the Northern 3,500 orebody to maintain rated capacity by supplying 5.3Mt ore grading 4.5% Cu over 11 years, starting in late 2006."
    HMX needs ti find at least one of these or the pies will go cold and the beer warm and flat.
 
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