MLM 0.00% 3.4¢ metallica minerals limited

Ann: Maiden Inferred Resource of 12Mt estimated for CFS West, page-5

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  1. 538 Posts.
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    "• Holes were terminated at a depth of 5m, as this was a deep as
    the augers could be physically drilled to by hand."

    I assume that the Maiden Inferred Mineral Resource of 12Mt is based solely on the results of the hand auguring which was limited to a 5m depth?

    Idle speculation perhaps but if there is any similarity (” comparable to, or of higher purity?") to results from the adjoining drilling program where the 98 holes averaged 17.5m depth then a supreme optimist might take a punt (and hope) that CFS West might eventually yield an "Inferred Resource" of 42Mt. Even if this optimistic figure is not achieved it seems a pretty safe bet that the current 12Mt Inferred Resource will be significantly upgraded when CFS West final drilling results are past the finishing line.


 
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