CDU 0.00% 23.5¢ cudeco limited

a caution for all, page-189

  1. 4,265 Posts.
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    Hi malgmac,

    Some of the more recent notes I have are

    CuDeco has purchased a copper metal plant that will initially produce 400kg billets of solid copper from native copper metal.The long-term aim is for CuDeco to facilitate production of copper anodes from native copper metal, for direct sale to the copper refineries.

    The Rocklands deposit is dominated by primary copper mineralisation, however, the first 10 years of production will treat large zones of supergene enriched ore inncluding expansive zones of coarse native copper.

    At the south end of of the LM2 pit some of the widest ore zones of the project are being encountered, with the ore zone reaching 120m across the pit floor.

    Grade control bedrock drilling designed to identify surface ore and define the extent of free-dig areas, of the Rocklands South pit identified significant zones of additional copper mineralisation not currently included in the resource block model. The areas are predominantly above angled resource and infill drilling, and/or in laterally displaced water-table and weathering profile controlled horizons.

    cheers,

    Max
 
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