$?Bill in a ? Life mine, page-290

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glemon

3,620 Posts.

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17/07/20

07:59

Post #: 45924999
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Originally posted by PJMac: ↑

In the last ann, the first 2 of 3 holes in the latest diamond drilling program at Cortadera porphyry encountered wide zones of strong mineralisation. The last announcement by HCH also stated that these results are expected to grow the high grade copper-gold core significantly and will be out next week.

The resource estimate is due the following week. Copper is at a 2 year high. Gold is at an 8 year high. Talk about stars aligning. The release of this resource estimate could not have been scripted better.

Hold tight everyone because the next 2 weeks are going to be big. In my opinion there is absolutely no better Copper and gold stock on the ASX to be invested in right now. The next few days should get very interesting.

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I have often referred to grade average of 0.5%cu an .02g/t au however some drills indicate that average maybe 0.7%cu and 0.03g/t, still not sure.
Veritas in November 2019 was indicating to sophs doc expectations 500m/t resource but since then we've had March and July drills widening core and area considerably. I note CE has their incentive schemes at 750m/t for San Antonio and Cortadera and I already suspect Cortadera will jump to that on its own even for the Maiden then much greater when more drills are done.
my calcs are now north of US$21Bill on old grade averages.

HCH Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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