NWC new world resources limited

Ann: Third rig now drilling to accelerate testing of targets, page-8

  1. 16,664 Posts.
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    In fact, there's Freeport's huge low grade (0.36% Cu) Bagdad mine just next door.

    I assume, they would be happy to sweeten their feed with any oxide (more precisely acid-leachable) Cu from the upper levels at a high Cu.

    Mike likes to gloss over it but all we have to do is find the ore and determine exactly what it is before a slew of options open up to us. Including them saying here's a T/O offer for your whole company. May even be why they decided to go explore Antler first.

    Theoretically, Freeport would be happy we are doing low-cost exploration for them now.

    All IMVHO
    Last edited by arsenic: 07/06/24
 
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