AMAZING RESULT!
Highest grades ever seen at Oracle Ridge, 34.4% Cu.
24.2 m overall mineralised intercept at 1.38% Cu. Outside of the existing Mineral Resources Estimate.
The southern part of the mine area is proving to be superb with the mineralised breccias being intersected, and a mention of potentially multiple mineralising events. This adds complexity when chasing targets, but also gives a potentially broader scope of where to target. Gold and copper presence is also a factor of the specific pH and Eh conditions and the speciation of the ions coming out of solution, so there may or may not be multiple mineralising "events", but equally could be multiple/progressive stages of the same event with variation in the chemistry of the mineralising fluid as it reacts through the network. Basically it would use the same plumbing, but the respective grades of Cu and Au would vary along the length of the route as the chemistry changes.
This is what the vectoring study would be looking into. To even get to this level of study indicates that the orebody is becoming better understood by Fabio and Brian, with whom the credit really belongs for this superb report and program.
This is the best announcement that has been released to date. Well on the path to economic decisions being made about progressing to a mine, and this will attract the attention of some deeper pockets to fund the future programs.
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