Exciting news everyone and a nice teaser ahead of the Quarterly.
A1M has now demonstrated the mineralisation is likely continuous for over 3km from Jumbuck to Swagman.
My caution is on vein width. From memory, a vein of less than 2m is uneconomic unless high grade (don't hold me to this).
Meanwhile, the price of copper is around $US4.20 lb so Eloise is generating good FCF.
AC & team have the money to fund the necessary drilling and link drive.
The Quarterly will be a fun read. I hope y'all have your desired exposure.
Ash
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- Ann: Significant Results from Jericho Resource Extension Drilling
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Ann: Significant Results from Jericho Resource Extension Drilling, page-7
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