The company notes in the release that the geologists have a portable XRF machine with them and that "Portable XRF readings have confirmed the presence of copper".
I think it would be helpful if the Company reported what the XRF readings are for copper. While everyone understands that portable XRF is not as accurate as a lab assay, for elements like copper, it will typically be within 10 or 20% or similar of the lab assay result, and provides the market with an understanding of the grades coming out, obviously subject to the variation that is inherent in the device.
At these depths (about 800m below surface), the grades would need to be very significant indeed to be commercial - as distinct from just hitting mineralisation. The latter might give one a sniff as to where something more significant may reside. Absent the portable XRF results, we don't know which scenario we are looking at: just a sniff at something bigger that may be nearby, or are we suggesting we have actually hit something commercial?
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