Major story on St*ockhead this morning and CUFE gets a very nice mention.
https://stock*head.com.au/resources/asx-copper-tier-list-australian-copper-stocks-to-play-the-rising-tide
CuFe (ASX:CUF)CuFe owns 55% of the Orlando copper deposit, an historic brownfields mine near Tennant Creek in the Northern Territory containing 5.95Mt at 1.16% copper and 1.5g/t gold for 69,000t copper metal and 287,300oz of gold.It’s part of a larger resource across Tennant Creek of 10.35Mt at 1.53% Cu and 0.92g/t Au for 160,000t copper and 302,000oz gold.
A scoping study on Orlando is due soon, with CuFe progressing plans for share plant infrastructure and operations synergies with fellow NT explorers Emmerson Resources (ASX:ERM) and Tennant Minerals (ASX:TMS).Orlando has been mined both as an underground operation up to 1975, when it produced 121,282oz of gold and 4852t of copper, and as an open pit before Normandy Gold closed the mine in the 1990s with copper trading below US$1/lb.
“Even though it’s been mined previously, we do need to still get some further approvals,” CuFe executive director Mark Hancock told * last month.“But in terms of the complexity of construction and in our case in particular, being a cutback of an existing open pit, the lead times on that should be pretty short once we can get all those necessary approvals in place.”
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Ann: Increase in Indicated Portion of Mineral Resource at Orlando, page-9
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $12.11M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $4.738K | 526.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 3411636 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 2098112 | 7 |
View Market Depth
No. | Vol. | Price($) |
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8 | 3411636 | 0.009 |
10 | 6949185 | 0.008 |
4 | 2212000 | 0.007 |
11 | 4189902 | 0.006 |
8 | 5499999 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2098112 | 7 |
0.011 | 2895000 | 6 |
0.012 | 4250000 | 7 |
0.013 | 4151539 | 9 |
0.014 | 4926000 | 5 |
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