BTR 12.5% 1.8¢ brightstar resources limited

further results, page-6

  1. 607 Posts.
    It's possible to have a broad estimate, but I'd suggest without the 3D model it's a bit more difficult. It would be interesting to see what the interpretation on the 3D model will show with regards to the very high grade c. 20% contained Cu in the best ever drill result.

    I'm actually surprised that BTR have gone away from open pit, but to the market and Zambian government officials I guess it's important to perceive that BTR will be the mine operator, rather than sell it off or seek a JV partner which would likely be the outcome for an open pit option.

    The reason I am surprised is that the recent drill results could provide a serious upside on the economics for open pit design and not just the underground option.
 
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