CVI 0.00% 0.3¢ cvi energy corporation limited

copper, page-5

  1. 372 Posts.

    bk2409

    Fortitude, which cvi has a stake in has coppoer licences (below).

    I see copper as being a big ticket item for us, particularly as out interest in fortitude grow.

    There was an interesting article, I will find it and post the link on Bougainville Copper(BOC) recently. It was one of the biggest copper mines in the world, but is still closed due to the prior conflict.

    If we had only half of what has been proven in Panguna mine in Bougainville, it would be enormous for cvi.

    Will get back with that link


    Extract:

    Fortitude has accumulated valuable mining interests in more than 15,000 square kilometres of prime mineralised areas in Angola which include in order of importance:

    (a) Five copper licences running for several hundred kilometres along the western seaboard of Angola and encompassing the greater part of the Upper Cuvo formation.

    Copper mineralisation has been reported along the entire length of the Upper Cuvo formation and has the potential to be a new copper province.

    Included amongst the copper licences is Cachoeiras de Binga in which over 6,000 metres of core has been drilled. Fortitude's primary objective is to bring this resource to a JORC standard.
 
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