DRM 0.00% 33.0¢ demetallica limited

Ann: Jericho Assays Demonstrate Resource Upside, page-10

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    The Long Section was the key indicator for me, look at all the deeper holes in the Matilda Shoot:

    https://hotcopper.com.au/data/attachments/4641/4641531-fe13b5c24e5ab8ec55cc4eed7bb4af58.jpg

    On first glance all look mineable widths and decent grade, the plunge of the Matilda Shoot is doing exactly what was predicted to do, so this is one of the most predictable (so far) Cu Au discoveries in the Mt Isa-Cloncurry belt in recent times. Of course eventually the orientation and or thickness of any lode will change or pinch out but compared to some of the complexities of the stuff that CNB and HMX have been finding south of here this system seems more linear and predictable.

    Disgusting market sentiment to be announcing copper discoveries/intersections at the moment, but this is possibly looking like a good one to accumulate if you have the stomach for it.
    Last edited by eastwest101: 01/09/22
 
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