We are looking for potassic alteration (low grade core) but surrounding it will the the ore zone (high grade zone). As Peter has stated Bottletree is a "textbook" porphyry - this diagram is from Earth Science Australia - just got to find the high grade stuff.
As it stands we got 250mx700mx200mx2.9 = 100MT minimum at 0.35% (low grade) - value at 5.5-6c in my opinion. Value will be higher when we find more potassic alteration (open directions) plus finding the high grade stuff - it was good to see some histogram showing 10% Chalco in BTDD005. Good luck to all.
Ann: Presentation - Noosa Mining and Investor Conference, page-8
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