re: Ann: Shallow Copper Discovery at Southern... YTC is quite cheap when you compare and contrast others if you're a copper bull IMO.
RC drill results have intersected strong, shallow copper sulphide mineralisation at the southern end of the historic Nymagee Copper Mine.
Significant results include:
NMRC022: 53m @ 1.7% Cu from 87m, including
25m @ 2.7% Cu from 96m
NMRC021: 16m @ 0.7% Cu from 35m, and
19m @ 1.0% Cu from 76m
Further results have also been received from the northern zone of shallow copper mineralisation:
NMRC008: 47m @ 0.85% Cu from 27m, including
6m @ 2.8% Cu from 57m
These results indicate excellent potential for the establishment of open-pit copper operations at both the northern and southern ends of the Nymagee Copper Mine as the first stage of a mining development at Nymagee
Permitting approval now being sought for detailed drill testing of shallow copper mineralisation at both the southern and northern ends of the Nymagee Copper Mine
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