Ann: Drilling to extend Cangallo Cu-Au discovery, page-48

  1. 694 Posts.
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    Exactly. People, read Por-Fy-ri. Google PORPHYRY!

    Not wanting to be condescending. Try to read up on it especially if you think the next set of drilling may pull up a core like Spotfire/VMS or the Olympic Dam/ or any of the South American IOCGs laden with Haemetite/Magnetite/Chalcopyrite.

    Cangallo is neither a VMS or an IOCG. Dreams of 1%+ Cu a g grades are not the domain of Porphyries. They can however be Billion+ tonnes. BIG/HUGE but lower grade and still viable.Supergene grades of up to .8% as average high grades.
    So, when you see grades of 0.2-0.5% and feel like it's not economic......resist the urge till the tonnage is confirmed.

    If you are wondering "Core or Centre of System", here's a Porphyry model:
    https://hotcopper.com.au/data/attachments/6862/6862104-35c12c2cc7d94eb23975b6f3d130dac4.jpg
 
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