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5.45% 5.8¢ xanadu mines ltd

Ann: Significant Extensions to Mineralisation at White Hill, page-16

  1. afawcett
    3,602 Posts.
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    22/12/17
    07:45
    Post #: 29820332
    It's a very large system, which needs systematic drilling to refine the resources model, to better understand where the higher grade portions are and the relationship of gold/copper grade. The 0.32% copper is currently uneconomic for underground mining, and this probably represents the halo of lower grade close to higher grade portions.
    XAM Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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