BUX 0.00% 9.7¢ buxton resources limited

Ann: Intense Porphyry Style Veining at Sun Devil, 100% BUX Ground, page-13

  1. 481 Posts.
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    interesting podcast with Bux MD recorded in recent days.

    Gives a good feel for what their plans are for major projects.

    Have a listen but I interpreted it as they are looking to get drills in the ground at Wolverine during February, so sounds like they will be self funding at least that step without CR. Sounds like they are identifying quite a lot of areas of outcrop on the 100% owned.

    Ultimately will be looking to do copper wolf with a partner though. IGO has right of refusal on 100% owned projects I think, and sounds like they have a good relationship with them. Sounds like they are testing the core of that initial drilling extensively, But did make comment that copper wolf was the best exploration play in their (IGO) portfolio, followed by dogleg! Mentioned an initial 500m Cu exploration target at 0.8% I think he said.

    Very positive on the prospects of graphite bull. Mets strong, now just have to expand the resource, which they are confident in.

    Anyway have a listen




    https://hotcopper.com.au/data/attachments/5919/5919540-5f26aed4314ca022819e63b9918e7125.jpg
 
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