Ann: Significant Copper Mineralisation intersected at Caballero, page-9

It seems that "one big hit" is all that this area is capable of at the moment, its a good result from that Caballero CBLRC040 RC drill hole but the diamond hole CANDD014 is only 50m underneath it and has very uninspiring "weak mineralization" in that diamond core, and the deeper diamond hole has pretty comprehensively tested under the mineralization in hole 40 so its either discontinuous and poddy mineralization or plunges off-section in some other direction yet to be found by drilling so it's not surprising the market response was a bit underwhelming. The good news is that they will do down-hole EM in that diamond hole but the bad news will be that this takes a bit of time and might require drilling folllow-up.

Even decent hits of Cu are routinely ignored by the market at the moment and that's more of a general sentiment thing rather than a HLX-specific thing. If anything - the Canbellago West 1, 2 & 3 lodes results are more interesting to me than Caballero