I like that Holes 1 and 2 have high grade Cu in the upper and high grade ZN in the lower, around 200m of total mineralisation.
And if we look at the XRF results from holes 3 and 4 we see more high grade Cu in the upper, but starting from 138m, which now takes the total mineralised length to about 240m.
This seems to be shaping up as a very significant find. Further drilling will help uncover the size, and hopefully identify the high-grade zones, but for a starting point this is a great result.
Given there's only ~97.5m SOI on a fully diluted basis and they just raised $1m, it's trading on an EV of about $8m at the moment, which looks stupidly cheap given the hits here, and the other projects in the portfolio. I expect the assays to come will keep building the story and we should see a solid rerate
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I like that Holes 1 and 2 have high grade Cu in the upper and...
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