DRE dreadnought resources ltd

An okay start, interested to see what the DHEM shows. Assuming...

  1. 485 Posts.
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    An okay start, interested to see what the DHEM shows. Assuming the visual estimates are accurate, we shouldn’t be expecting too much from a base metal Cu-Zn-Pb perspective (yet?).
    The announcement only provided the basics as a sulfide percent range and combined mineral mixture, so you can obviously play around with those ranges and mixtures to arrive at different grade estimates.
    Here is a middle of the road estimate. Note, this assumes that the actual sulfide in the rock is exactly in the middle of the range DRE provided, AND I’ve just made arbitrary sphalerite-chalcopyrite-galena relative mixtures based roughly on the grade distribution in the rock chips…the point is its just a thumb-suck simply to highlight that based on the visuals, we should temper the base metal expectations (for now anyway):
    https://hotcopper.com.au/data/attachments/6383/6383820-2edcb03463afd1b9761f020351c71e7c.jpg
    Granted, this doesn't factor in the precious metal Au-Ag potential, which based on the rock-chips may give a decent kick.

    https://hotcopper.com.au/data/attachments/6383/6383837-74cbd93f640a89698db07b93f3b005aa.jpg
    https://hotcopper.com.au/data/attachments/6383/6383843-42dcdda09e67b653d384062b52aa331b.jpg

    https://hotcopper.com.au/data/attachments/6383/6383858-59be4df511fa1d7c9881a6f8a952e42d.jpg

    Last edited by Polonium210: 15/08/24
 
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