VRX 10.7% 3.1¢ vrx silica limited

ann : high grade copper mineralisation, page-8

  1. 1,011 Posts.
    From the reporting, both an Inferred and Indicated JORC is expected from the intense drilling pattern plus, an Indicated from the historical stockpile. I additionally read that this cannot be too far away given the amount of detail stated.

    With the results indicating the changing shape, including thickening out down-hole, the estimates here are likely to be quite surprising on the upside IMO with the better grades at depth.

    I am also mystified by the failure of the market to get the warm and fuzzies about VRX, which is fast moving away from an explorer with blue sky targets, to a company with high grade reserves potential.
 
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