Although they are in elephant country, the problem is that they are located in an area that has continually proved to have sub-economic IOCG mineralisation. This includes the nearby MGD holes. The assays from this drillhole need to be amazing over that 50m interval to justify this Mcap. If its another <0.5% Cu intercept like MGD 69 or the Intercept Hill drillholes (IHAD), ouch.
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Although they are in elephant country, the problem is that they...
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