Fantastic rock-chip results at surface, from what looks like malachite-encrusted gossan. Malachite can carry very high Cu grades, in a weathered and concentrated form of the underlying orebody source.
Importantly the orebody appears to be daylighting, indicating the possibility of ore from surface, reducing economic risk by potentially bringing returns in from first blasts during mining operations. Might be a bit of a stretch to draw this conclusion from some surface chips, but let's not dampen the enthusiasm here!
Yet again a strong announcement indicating the huge potential of OREX with some evidence backed data.
Let's get that second rig up and running and poking holes in there. Hopefully management is negotiating permissions to drill, as low disturbance exploration activities like rock chip sampling can only take the prospect so far.
Great work Eagle Mountain!
- Forums
- ASX - By Stock
- EM2
- Ann: 4km of Leatherwood Contact with High Grade Cu at OREX
Ann: 4km of Leatherwood Contact with High Grade Cu at OREX, page-3
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EM2 (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.07M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.6¢ | $4.206K | 90.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 353 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 353 | 0.047 |
1 | 149145 | 0.046 |
1 | 99751 | 0.045 |
2 | 50814 | 0.044 |
2 | 107139 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 25000 | 1 |
0.049 | 332500 | 2 |
0.050 | 28368 | 2 |
0.051 | 57973 | 1 |
0.052 | 300000 | 1 |
Last trade - 12.00pm 11/11/2024 (20 minute delay) ? |
Featured News
EM2 (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online