Think the 0.46% you are quoting is an outdated CuEq% from the Feb 2022 Resource Estimate (inferred only - including the indicated with the inferred indeed actually boosts this CuEq% higher to 0.49%)
Resource has since been updated to the below as of February 2023
In any case, the standalone Winu Cu% is 0.40% for the Total Resource. (not including Au and Ag credits)
Without being bothered to calculate the CuEq% for Caravel, its Mo/Au/Ag would boost the Eq% up from 0.24% to 0.xx%
Not a comment on the viability of the Caravel deposit - moreso on the comparison between Caravel and Winu
Caravel Copper Project - Bankable Feasibility Study, page-183
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