ORP 2.00% 5.1¢ orpheus uranium limited

dont underestimate the significance of this

  1. 49 Posts.
    This latest discovery is hugely significant. The intercept is relatively shallow and demonstrates clearly that the system has high grades.

    Thus far Oropa has only barely scratched the surface of the Hutabargot Julu area both in terms of area and depth.

    If you look at the diagram of "typical epithermal" deposits on page 17 of the recent progress report.

    http://www.oropa.com.au/PDF%20ASX%20Announcements/2008/120508%20Powerpoint%20Presentation.pdf

    What you'll notice is that the high grade "bonanza zone" is usually located at depth but "shoots" of material often extend up closer to the surface. The fact that the grades of this shoot are so high bodes very well indeed. Also note that the total size of the system is very large (page 16) - possibly several km long and a couple wide.

    Exciting stuff.


 
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