CDU 0.00% 23.5¢ cudeco limited

Ann: Fairfield delivers highest grade copper resu, page-2

  1. 8,873 Posts.
    lightbulb Created with Sketch. 1899
    re: Ann: Fairfield delivers highest grade cop... All the fairfield stuff aside - there is a very interesting footnote in the last section on page 7 - well interesting to LT holders anyway.

    Here it is for the lazy.

    New Geophysics programme About to Commence
    A significant geophysics programme is about to commence over numerous locations of the Rocklands Project ML90177 and the Company’s new EPM18054. Sub Audio Magnetics (SAM) has been an invaluable exploration tool with an amazing success rate for identifying mineralisation at Rocklands.
    Several programmes are planned for the new SAM Geophysics Survey;
    ? Entire coverage of EPM18054 (SAM and TMI/TFMMR (galvanic)
    ? High-resolution coverage of the area immediately surrounding Wilgar (SAM and TMI/TFMMR (galvanic)
    ? High-resolution coverage of the area immediately surrounding Fairfield (SAM and TMI/TFMMR (galvanic)
    ? Re-processing of existing and new data to generate 3D inversion models.


    Dare say some STers, traders that are currently out, or the plain old downramp ilk - will be agast that monies are being spent on exploration prior to LM ore sales. However as a LTer it says to me that money is not an issue in the scheme of things. Funny what can be read into anything if it suits your point of view.
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.