GPR geopacific resources ltd

"Upside to the project is becoming very large". Geophysics...

  1. 7,683 Posts.
    lightbulb Created with Sketch. 2093
    "Upside to the project is becoming very large". Geophysics suggests an opportunity for multiple pits up to 4km long. 18km of continuous mineralisation in an area where every drilled target has yielded economic grades.
    The old target for the JORC Resource Estimate is 300,000t Cu equivalent to be shipped as a high grade copper concentrate. The contained silver will pay for the production costs! I wonder if they're going to upgrade their target now that drilling has proven that the IP geophysics has a very strong correlation with mineralisation.

    There is so much to take in from recent announcements:
    • Gchem masked on some high grade Copper mineralisation upgrading the prospectivity of more targets;
    • High grade Zinc mineralisation - 11% Zinc over 4.6m;
    • More high grade Copper mineralisation on new zones;
    • etc., etc., etc., ....
    It's gonna be bigger than Ben Hur and there's only 450,000 shares on offer! About $30K's worth.
    Geophysics to Boost Copper Resources at Kou Sa:
    http://www.asx.com.au/asxpdf/20150506/pdf/42ydlff2rf6hzq.pdf
    Further High Grade Intercepts At Prospect 150:
    http://www.asx.com.au/asxpdf/20150512/pdf/42yhn6gd4w3x9m.pdf
    upload_2015-5-12_16-34-21.png
 
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