Consider that teir1 would equate to >500mt at >0.6% cu with gold/silver credits. To say it’s larger then Olympic Dam would be a big stretch at this point, but would provide a good addition to a copper mining/processing camp.
BHP has had issues with trying to increase copper production tonnage at OD. The key is de-bottling issues with ore mining and maintaining optimal metallurgical recoveries. So therefore the discovery at oak dam being high grade with good widths creates an easier less complicated block caving scenario.
CHK Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
