CPO 0.00% 3.7¢ culpeo minerals limited

Ann: Drilling Returns Wide Copper Intersections (Replacement), page-169

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    I think everyone needs to be a bit realistic. At El Qullay and VM I don't think anyone should be expecting long widths with very high grades. A fantastic result at VM will be >50m at 1%+ or 100m at 0.5%+

    Might be some higher grade intercepts at Piedra Dura and Lucero but they won't be drilled yet. It's all about defining tonnage at 0.5%+ at this stage. The sell down on the first El Quillay North hole was because of expectations of unrealistic grades brought on by the high visual estimates which IMO was a deliberate decision to get the oppies exercised.
 
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