More stacked layers of similar grade mineralization to the west of the proposed pit boundary. Current drilling suggests it is restricted laterally and maybe patchy.
Too early IMO to say if this is very significant. These lenses could probably help improve any mine economics by making the material needed to be stripped have some value.
Geologically the number of stacked lenses at Bibra is, to me, somewhat puzzling in a good way. Hope CMM keep finding many more and some with better grades and thickness. The thickness is already OK but more would be nicer.
A solid announcement that IMO is not going to do much to the SP.
GLTAH and DYOR
Ann: New Zone of Gold Mineralisation Intersected-CMM.AX, page-3
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