Good drill results out of Peru (Cerro de Fierro) for AQD who are spending S32 money on some exploration.
Key Points:
• 15-hole/5,048m RC drill program successfully completed.
• Encouraging widths and grades of copper returned in assays from first 7 holes.
• Best intercepts of 30m at 0.5% Cu and 5.6g/t Ag from surface and 28m at 0.57% Cu
and 9g/t Ag from 44m.
• Results indicate the potential for an extensive, flat-lying sheet of copper oxide
mineralisation at depths of less than 50m.
• Assays for the remaining 8 holes expected in April 2021.
• Presence of strong argillic alteration also highlights the possibility of nearby
porphyry copper mineralisation.
Chart could make a move now, page-68
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Last
$3.82 |
Change
-0.030(0.78%) |
Mkt cap ! $17.30B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.87 | $3.80 | $37.06M | 9.689M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 129199 | $3.81 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 139242 | 3 |
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| S32 (ASX) Chart |