Great find. This report really demonstrates just how special a project the Cortadera project is. Porphyry deposits have several characteristics that make them attractive investments for major mining companies – companies which focus on profitability and mine life, not on grade.With all drill results to date to be included in the upcoming resource estimate, I am expecting the estimate to be over 3 million tonnes of contained copper and millions of ounces of gold. How much? That is the million dollar question.
CRP0013D (HG Discovery hole) 750m @ 0.6% Cu, 0.2% Au
CRP0020D (best follow-up hole) 972m @ 0.5% Cu, 0.2% Au
They are impressive hits. Really impressive hits. The upcoming resource estimate will be transformational for HCH. With hits like these I am expecting the company will to announce to the market a project with the biggest copper gold inventory seen on the ASX in recent years.
As the company has stated Sub $500m cap company’s don’t hold Tier 1 assets in Tier 1 jurisdictions! HCH is building a Tier 1 project. The current market cap of 70 Million looks seriously undervalued. The next few weeks are going to be very exciting. Bring on that report.
$?Bill in a ? Life mine, page-208
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Last
$1.21 |
Change
0.010(0.83%) |
Mkt cap ! $143.3M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.21 | $1.19 | $45.40K | 37.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2330 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2239 | 2 |
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| Last trade - 10.11am 26/04/2024 (20 minute delay) ? |
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Last
$1.21 |
Change
0.010 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| $1.21 | $1.21 | $1.20 | 3032 | ||
| Last updated 10.12am 26/04/2024 ? | |||||
| HCH (ASX) Chart |