BUX 3.33% 5.8¢ buxton resources limited

Outstanding results. as per Post #:67959328 This type of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,942 Posts.
    lightbulb Created with Sketch. 12566
    Outstanding results.

    as per Post #:67959328

    T
    his type of porphyry to be held by junior seems that it could be much higher grade than others.
    Resourcing size estimates previously were based on maximum depth/thickness in the 200m range.

    We now have potentially been hitting minerilisation from ~500m depth to 1100m. So could be between 500-600m thick.


    If hole 2 comes back with similar grading to that depth it blows BHPs best copper exploration project apart. Ocelot.

    "Finally, for those that are writing it off because it's just 'too deep'. Best take a look at BHP's recently quarterly. Their headlined exploration project is a deep laramide copper porphyry in arizona. Guess what, it's similar in grade (slightly higher) but it's deeper. let that sink in. BHP's best copper exploration which was the only one they headlined in the quarterly, is a project which they're now drilling is similar in grade and deeper to what buxton have."



    Very excited for hole 2 and for further exploration on the project.

    SF2TH
 
watchlist Created with Sketch. Add BUX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.