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The Zopkhito project has been shopped around to ASX Juniors for...

  1. VatreniHR
    2,422 Posts.
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    17/07/25
    18:08
    Post #: 79839954
    The Zopkhito project has been shopped around to ASX Juniors for years and typically failed due diligence, for example LuiriGold back in 2012 (https://announcements.asx.com.au/asxpdf/20120809/pdf/427xwbnw499m6b.pdf).

    This is because the existing project data is based on rehashed Soviet data (GKZ), which is extremely inaccurate. A reputable Georgian geologist ran mineable shape optimiser and realised that the actual resource is only 715.92 tonnes of Antimony at 3.42% while using 0.3% Sb cut-off.

    I get its part of the Antimony pump right now but this project has been through the hands of local and foreign companies and gone nowhere.

    DYOR

    Full run-down here: Georgian Geologist Analysis on Zopkhito

    https://hotcopper.com.au/data/attachments/7137/7137535-247baecd35898b5b4727eea9137a2f38.jpg
    KTA Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
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