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Ann: Bonanza Copper Hits and New Discovery at Storm, page-233

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Bomber78

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05/09/23

08:23

Post #: 69730649
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Originally posted by BearBearss ↑

The best drill hole I have ever seen and read was Ivanhoe ~ .3m of 88.2% copper - so when you see a core with ~.3 of 42% copper in it, sitting on the top of a sedimentary system, that tells you something folks. Hold tight as the game to suck out retail shares begins as when a major discovery is found they will get most of em from ya. Also it took Ivanhoe 6 years of drilling to find the source/that core (look up Ivanhoe K-K core for a gander at what near pure copper looks like - this from the prize Kakula mine which they found after Kamoa).

That said, dug up this from the 2009 discovery hit - note the similarities to Storm - also note that after finding Kamoa - they went on to find 2 more world class deposits, Kakula and . Also note - the kipushi mine is ZN/CU mine - similar to Seal mine as it indicates the edge of the mineralization system. Final note - all of this is in the highly corrupt DRC which blackmailed Ivanhoe several times to steal a good % of the mines. Best of luck out there, you are going to need it to hang on for the ride...

High copper grades in supergene and hypogene mineralization

Grades and widths discovered at Kamoa are similar to those of the sediment-hosted stratiform copper deposits of the Ore Shale and Mine Series that historically have been mined in the Zambian and Congolese Copperbelts. The Kamoa mineralization broadly is of two types: primary mineralization below the zone of surficial weathering, and secondary mineralization at shallow depths.

The primary mineralization shares many attributes with other stratiform copper deposits, including vertical zoning of disseminated copper sulphide minerals from chalcocite to bornite to chalcopyrite, association with cobalt, silver, zinc and lead mineralization, and the presence of a pyritic hangingwall.

The secondary mineralization is dominated by chalcocite, and has higher copper values due to supergene enrichment (upgrading) during the weathering process. This type of mineralization occurs at depths of less than 200 meters and is a prime target for delineation drilling of potential open-pit resources.

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I think you need to go to geo school if you think .3m at 88% Cu is “the best drill hole you have ever seen.”

why didn’t you choose IVN’s;
22m at 13% Cu
or 18.8m at 18% Cu
or 28m at 7.7% Cu.

?

AW1 Price at posting: 23.5¢ Sentiment: None Disclosure: Held
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Ann: Bonanza Copper Hits and New Discovery at Storm, page-233

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The market's shrugged at China's stimulus measures all year. Why is this one different?

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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Ann: Bonanza Copper Hits and New Discovery at Storm, page-233

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KalGold rolls out detailed aeromagnetic survey across Pinjin project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

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ACCC seeks Olam divestments before it can buy Namoi Cotton

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

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