CNB 6.40% 80.5¢ carnaby resources limited

I agree with previous posters, there's a bit to unpack in this...

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    I agree with previous posters, there's a bit to unpack in this announcement.

    One thing that strikes me with this announcement is that the potential (that has been much discussed on HC in recent months) is slowly turning to reality - new lodes identified at both Lady Fanny and Nil Desperandum, and LF turning out results as high as 4% including a section at 17% Cu (from memory 17% is the highest grade we've seen from Greater Duchess drilling) - best still, LF appears to be getting better grades towards the northern IP anomaly. And Burke & Wills still open in all directions - I'm wondering what sits between B&W and LF (~400m)?

    Its been said a few times - this is now about how much Cu, and what grade. Well IMO we're seeing both size and grade going up at the moment.

    Super excited to see what the IP surveys show. Also super excited to see what LF and Mount Hope produce in this next round of drilling.

    Edge-of-the-seat stuff. A good lesson in patience.

    Side-note: No comment on Big Hill in this announcement. I expect they'll keep the East Coast / West Coast announcements separate as they've done in the past - perhaps an update on that drilling program in coming weeks?

    Cheers,
    Dingo.
 
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