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Ann: Retraction of Metal Equivalents, page-38

  1. 9 Posts.
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    Great MINING.COM article here explaining what constitute high grade discoveries https://www.mining.com/web/making-the-grade-understanding-exploration-results/

    "COPPER: Anything over 100 metres and 1% copper equivalent or better is considered to be high-grade. For example, Serengeti Resources announced 119.6 metres of 0.9% copper equivalent (copper plus gold values added together) at depths from 180 to 300 metres. The stock then increased from $0.30 to $1.50 after those drilling results were reported."

    Now note this article is seven years old during which time copper has got far scarcer and materially low grades than the above would now be considered a high grade find. BUT PARAG HOLES BEATING THOSE NUMBERS SUBSTANTIALLY and FAR SHALLOWER

    Now take a look at the below list of the worlds top undeveloped copper projects.....all of which we are substantially higher grade and no less shallow or far shallower

    PARAG is a spectacular high-grade copper discovery any way you measure it....

    https://hotcopper.com.au/data/attachments/6072/6072769-956ac3d0b72099db2ff56a49cd03f5d2.jpg
    Last edited by BahamaMiner: 02/04/24
 
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