That's exactly the sort of announcement I expected. The drill results are consistent with previous efforts and recovery recovery rates of 95% are very good, they could just do with greater concentrations of copper. I liked that there is potential for higher grades at shallow depth that might have been missed first time around.
I can't a a drill whole they have drilled that has come up with zero copper.
The main objective is a highly quality JORC that has a large enough estimated resource to get financing. CBH seem pretty happy to keep funding and they know what they are doing.
Ann: Mallee Bull Exploration Update , page-4
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