By analysing the results this is my guestimate...Only 5% of ore...

  1. 13,407 Posts.
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    By analysing the results this is my guestimate.
    ..
    Only 5% of ore has 1.24% Copper while 95% of ore is Low Grade (0.7% copper). Once one include cutoff and rubbish taken out 95% of ore is uneconomical while only 5% is economical, that is too sits at 400m to 800m depth. Too reach there, COD needs to spend 300 to 400 million dollars or more.
    ..
    At this stage better wait for more drilling and assay results else too much Hot Air.


 
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