BHP can earn up to 70% right to silver zinc and lead by spending $10mill over 5 years in the "Altia". BRW retains the rights to copper and gold
I only bought these today with the initial purpose being a quick trade over the next few days/weeks on their announcement alone. However further reading of the latest announcemment, and going back and looking at their other projects may seem to point at a little company flying under the radar, particularly on HC going by the small number of postings. Lets hope this will change with increased interest.
- Potential for a world class Cannington-style base metals system deposit
- Potential for a large scale silver highlighted by strengthening grades include 19m @ 286g/t silver
- Page 6 " Management comment "... we hold 100% of ERE Project which is located in one of the hot spots for copper gold and uranium exploration .... as evidenced by the recent success of companies such as Ivanhoe Australia"
Loads of potential
http://www.asx.com.au/asxpdf/20091111/pdf/31lzs47q4nmf9h.pdf
BHP can earn up to 70% right to silver zinc and lead by spending...
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