AZY 4.55% 2.3¢ antipa minerals limited

Geological Heaven, Non-Market Related, page-3

  1. 1,746 Posts.
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    From the video shared by @scalper , the discoverer of Winu says that the copper and gold mineralisation @ Winu are 2 separate systems, the copper system is a North-South trend, and most of the gold is an East-West trend at the southern end of Winu.

    In terms of mining Winu, geologically, I can't see how RIO will mine the deposit. If they are mining the gold there, it's hundreds of metres at depth @ only 0.3 g/t with no copper credits in that ore. Likewise, when they go to mine the copper, they'll have very little gold credits.

    The only alternatives I see for Winu to be significantly profitable, is to combine Calibre/Magnum ore where they'll be getting higher-grade gold with copper credits. Or the other alternative is to build a bigger plant than the 7mtpa processing facility they have planned, that could accommodate a bigger footprint of the copper and gold ore mined in separate areas within the deposit

 
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