Yes it could run to 1.2 cents but i think more like 1.6 - 1.8 cents on the back of JORC.
In one of RMG's announcements it reads "They are extremely happy to infer Copper as well as Zink, so all we need is Mt Isa to open and commence drilling
Soil sampling confirmed the copper zone over a 7km trend
Rock chip samples along the trend assayed to 38% Cu
There are a number of higher grade intervals within the zinc mineralised zone averaging 5% - 15% Zn+Pb over 2m to 9m width
Drilling intersected a new copper zone with 6m @ 1.1%Cu, 10g/tAg
RMG Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held