Ann: Significant Copper Intersections from Nifty West Drilling, page-7

These aren't necessarily the highest grades. But they're economic grades.

MetalsX estimated the cut-off grade to be 0.67% for oxides. This was when copper was trading at $8,500 AUD/t. It is currently $13,100 AUD/t, with a bullish long term forecast.

These latest intercepts are just adding to the Life of Mine. Additionally, they're proof of concept - that the western side is still largely unexplored. I suspect that once we recieve the full results on the 16,000m there'll be a phase 2 planned, just as we've witnessed from the latest Eastern drilling results.

Personally I reckon with the intellectual property that Barry's working on, we'll be significantly better off, with the ability to profitably produce at substantially lower cut-off grades. This will be massive news in the industry once the team releases further information.