Copper Say 4.5MT @ 1% = 45000 Tonnes 45K * $9000 per T = $USD 405mill In ground value plus Au and Ag credits If we find mineralization to say 400m down then over USD 2billion inground value
Very exciting news The directors tend to be understated like their colleagues at ARR
I sense a rapid move to 0.10 from here The momentum traders will have logged the 33% move today and it will be on a lot of watch lists
These targets represent a combined range from 2.76Mt - 5.51 Mt at grades of 0.5% - 1.5% Cu, 0.31 - 0.52 oz/Ag, and 0.15 - 0.5 g/t Au. These estimates consider ore potential present at or encountered within 100m depth. These targets are limited to the potential within 100m from the surface. The discovery of additional carbonate rafts at depths over 100m through drilling and ground IP surveys in 2023 could substantially increase the potential of the Garnet Creek project.
AVM Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
