Ann: Drilling Confirms Copper Mineralisation at El Pilar, Cuba, page-90

Hey Cap, my friend building a mine hardly excites the market and does little to expand prospects outside of la Demajaguar.

Also if we are to believe El Pilar & the porphyry set are the "Company Makers" as claimed then it doesn't make a lot of sense to sit on your hands for 12m or more.. The Old "play em if you got em" Motto is relevant..

Plus the company has telegraphed the play a few times so those screaming mass dilution may be disappointed.

Upcoming Scoping Study due in Dec should upgrade la Demajaguar metrics with both increased resources and bring in the antimony uplift, which had previously not been fully considered.


Needless to say the omission of antimony if viable to poduce as part of the concentrate process would be somewhat remiss of the company and hence I eagerly await the La Dem revised SS.





SO the antimony and revised project metrics at La Dem are key because they Will underpin finance, we aren't going for CR's here though a little is needed to kick off the 7000m required at El Pilar.

The immediate drilling of which (7000m) will be supported by the $2.5m US placement which is going to Sophs.. No point squealing about it & the value it will add to the target estimate for each hit below the original 150m depth is anyone's guess? But I'll back that it's greater than $2.5m..

Bearing in mind hole 004A was open at depth of 184m whilst 003 demonstrated copper down to 273.9m.. None of that would be in the initial target estimate I'll wager.




There will be plenty more holes like 003 & 004A which will justify the spend on firming up the resource at the Initial Oxide mine at El Pilar it seems..

After which there is El Pilar "The prospect" which is 3 x 2 km and a different ball game altogether and could be financed a number of ways if parties are indeed as interested as alluded to.