No inside knowledge, the latest Ballymore release gives us an update, and the one before that I think. I have studied the historical information and it seems clear that the deposits are multiple intrusion related copper porphyry deposits. They appear to be fault controlled in that their location and geometry does. Having deep crustal structures providing mineralising pathways is a very good thing.
With porphyry deposits the first drilling will give an understanding of the alteration and mineralisation zones, where in the vertical sense the deposit exposed at surface is and enable much more targeted second round drilling. Given the previous drill results I do expect to have a few good copper intersections in the first round.
BMR Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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