Latest (after the market closed!!) release is again very encouraging. Grades are clearly not economic but we have to remember that this is in the outer limits of a porphyry system and you would not expect that. It is more the big picture that is emerging that is the exciting thing. As shown in their figures for both Chanape and Summit porphyry areas we are now talking VERY large surrounding areas of weak but pervasive mineralisation and again the metal zonation that you want to see. Having said that the grades are low 9as you would expect) I have to say that they are some Ag grades in these results that are not bad (no good by them selves) and if they are part of a big economic copper porphyry then they could be nice little sweeteners.
It continues to tick the right boxes!! Bring on the results for the deep porphyry holes asap!!
Ann: Pervasive Mineralisation Confirms Chanape Porphyry Scale, page-5
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