S32 3.57% $3.19 south32 limited

Chita Valley Cu-Mo-Ag-Au Project, San Juan, Argentina, page-19

  1. 5,539 Posts.
    lightbulb Created with Sketch. 1378

    The 16/5/23 slides suggest San Juan and Chita Valley are more significant to S32's thinking than we realise.

    https://hotcopper.com.au/posts/67804225/single

    Slide 9 advances Chita Valley in prominence ahead of the other 25+ greenfields projects S32 is involved in.

    https://hotcopper.com.au/data/attachments/5286/5286503-fb1b1950f44b05d0c4e57431ecb3cb73.jpg
    Then Slide 27 says:

    We have invested in greenfield exploration partnerships in the San Juan province since November 2019, targeting copper porphyry style opportunities

    Chita Valley (50.1%)We recently exercised our earn-in right with Minsud Resources for 50.1% of the Chita Valley copper porphyry exploration prospect. We expect to complete the transaction and assume operatorship in the March 2024 quarter. 21,700m drill program underway as part of the year 4 partnership with Minsud Resources.

    Sable Resources Ltd (option to acquire up to a 65% interest in the project). The Don Julio copper project comprises a 69,350 hectare land package prospective for copper, silver and gold. A 5,900m scout drilling program is currently underway

    Aldebaran Resources Inc. (9.3% equity interest) which holds an option to acquire a controlling interest in the Altar porphyry copper development project. 15,000m drill program expected to be completed in H1 FY24

    ____________________

    42,600m of drilling across the three San Juan projects this year is a substantial commitment. GK & team are convinced there is Copper down there.

    Ash
 
watchlist Created with Sketch. Add S32 (ASX) to my watchlist
(20min delay)
Last
$3.19
Change
0.110(3.57%)
Mkt cap ! $14.44B
Open High Low Value Volume
$3.18 $3.21 $3.16 $66.37M 20.82M

Buyers (Bids)

No. Vol. Price($)
5 45827 $3.19
 

Sellers (Offers)

Price($) Vol. No.
$3.20 42309 6
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
S32 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.