NWC 9.52% 1.9¢ new world resources limited

Ann: Maiden Drilling Program Commences at Discus Copper Prospect, page-73

  1. 97 Posts.
    lightbulb Created with Sketch. 17
    I don't think people realise that if its a high grade VMS deposit this is a world class discovery. Even the original discus extent of 1.2 by 1km is similar to the Caravel porphyry deposit which is only 0.25%Cu. So a VMS deposit would be 10 times that at a grade of 2.5%. And its not disjointed like the CVV deposit either. And the new tenements might double this.

    Hence my previous post regarding the fact that management by now has a fairly good idea of low grade porphyry vs high grade VMS.
    So we hope its a VMS deposit and we can all toast each other to the bank.
 
watchlist Created with Sketch. Add NWC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.