AVB avanco resources limited

ann coming ?, page-67

  1. 2,206 Posts.
    Your company has hit some excellent high grade zones of copper and I hope they continue to do so with further drilling.

    One thing I would suggest is reading up on how the JORC code will treat these high grade zones.
    I've had experience with an Aussie copper explorer that had countless high grade drill intercepts with very high grade NCU and chalcopyrite results. JORC code and calculation process simply treats these zones as a 'nugget effect' and low grades these zones.

    How JORC treats high grade copper zones

    Of course the copper is there, subsequent bulk metallurgy and mine plant design points to a much higher head grade than the JORC states. Ultimately mining will be the final proof for the company in question.
    Just don't expect the exceptionally high grade zones identified in AVB drilling to be accounted for in the JORC. Under its current design the code is designed to deliberately understate any exceptionally high copper grades as intercepted in drilling. Good luck though looks like a ripper project.
 
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