CVV caravel minerals limited

Ann: Project Update - Higher-Grade Infill Drilling, page-9

  1. 3,447 Posts.
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    Couple of mistakes in the post above. Nothing to lose sleep about though.

    A real problem on 6574200N - only two holes into Bindi West.!

    The major problem with Capex for Western Copper's Casino project is that it is only forecast to be $3.2B - I assume Canadian but could be US $. Only a $600M error on my part. Maybe they could spare it and pass it onto CVV where it could take care of all the Capex for a plant in WA that might punch out copper for 20-40 or more years.

    Looking over posts on neighbour CHN someone posted that Lab turnaround was out to 9 weeks. Maybe a reason for the delay in results though some of the DDH results are for holes finished back in April (at least for 21 D2 and 3 not too much later).

    ======================
    To help pass the time here is a compilation of Bindi East sections which gives some idea of why I expect results to be reasonably consistent with previous work. Subtle variations, yes, but nothing major.....hopefully on the low side anyway for grade or lengths.

    BINDI EAST SECTION COMPILATION TO JUNE 30 21 .pdf

    Recent drilling at the south end of Bindi East has returned some nice high grade hits at relatively shallow depths. Expect some changes there with the fold concept and perhaps with the continuity to the south and west. Something going on with the granite intrusive model for that realm. Only hints which may not be significant.


    https://hotcopper.com.au/data/attachments/3328/3328517-2b446ace52549d71f5c066508a36bc7e.jpg



 
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