RDS 0.00% 0.6¢ redstone resources limited

communication , page-7

  1. 68 Posts.
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    RC rates are approx $100 per metre so that only equates to $500k.

    Copper strikes of 17m, 20m & 27m are very promising considering they are from only one part of many high grade copper veins visible from surface. I beleive the main deposit targeted is at further depths, most likely Ni-Cu in the gabbro rock which was recently confirmed @ 400m depth on one hole. Either way, i'll take the copper overburden any day!

    The last announcement implies that capturing accurate samples was affected by high water flow (obviously only issue if RC drilling) and that diamond drilling should be occuring about now to confirm grade, gradient, metalurgy etc. So I don't know if this means results are pending or not? However, visible copper implies that grades have to be at least similar to 2>% grades recorded previously.

    I've been a long time and very patient holder through highs and lows and genuinely believe that this initial dicovery will only increase with more $$ spent on the ground.

    Good luck to genuine long term holders


    Cheers
    HH
 
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