I agree @HeliousUK. According to IW the ‘RC drilling is progressing well…’!
Talk about how to contain your excitement. Also, the use of the word ‘importantly’ in this sentence is interesting, i.e., it's not necessary if the Board wasn’t confident about IW's assessment of the situation: ’Importantly, we have been submitting priority samples to the laboratory in batches guided by copper results on the portable XRF.’ Is it more important for IW's reputation or the Boards?
What we do know is that at King Solomon one, they had already confirmed an intersection of 17m @ 2.2% Cu from 84m including 8m @ 4.3% Cu from 84m. Therefore, with this latest drilling program they have not only confirmed that have hit the host shear zone but that it ‘continues’ further along strike and down dip and, outside of the original drill pattern.
Carnaby Mark2 could be in the making here. However, with a MC of only $21m, Cooper is extremely highly leverage as fresh face with little to no baggage to excel.
BHP maybe focussed on buying out OZ, however, here’s a screaming backdoor into a region that is shaping up to be world-class. That is, if they or any other multinational had any exploration-balls left in their risk-adversed mindsets.
Meanwhile, the global thematic to green energy-enabling minerals continues at speed.
DYOR, All IMO, GLTA(patient)H
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