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bigger than olympic dam, page-6

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    "Bigger than Olympic Dam"

    Olympic Dam covers 20 square kilometres and has resources of: 4430 million tonnes at 1.1 % Cu, 0.4 kg/t of U, 0.4 g/t Au, 2.2 g/t Ag - for an in-ground value based on today's prices of approx 1 trillion dollars. The U itself comprises approx 40% of the value of the resource.

    One hole at less than 1% copper and no associated significant U or Au credits does not make an olympic dam.

    That is not to say it is not a significant discovery - it is. But you cannot say it's bigger than Olympic Dam that is just blatant ramping.

    It also doesn't compare to Carapateena - 905m at 2.1% copper.
 
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