CVV 2.63% 18.5¢ caravel minerals limited

Think the 0.46% you are quoting is an outdated CuEq% from the...

  1. 148 Posts.
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    Think the 0.46% you are quoting is an outdated CuEq% from the Feb 2022 Resource Estimate (inferred only - including the indicated with the inferred indeed actually boosts this CuEq% higher to 0.49%)

    https://hotcopper.com.au/data/attachments/5858/5858915-b55c22daaf8b33b69353f5f50edc3cbc.jpg

    Resource has since been updated to the below as of February 2023

    https://hotcopper.com.au/data/attachments/5858/5858909-c2db241699833c35b3eee5134d6ae22b.jpg


    In any case, the standalone Winu Cu% is 0.40% for the Total Resource. (not including Au and Ag credits)

    Without being bothered to calculate the CuEq% for Caravel, its Mo/Au/Ag would boost the Eq% up from 0.24% to 0.xx%

    Not a comment on the viability of the Caravel deposit - moreso on the comparison between Caravel and Winu
 
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