HOR 0.00% 1.0¢ horseshoe metals limited

great news, hor got granted licence, 37% cu

  1. 3,194 Posts.
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    http://www.asx.com.au/asxpdf/20101026/pdf/31tcrxdr47mxkk.pdf

    Thats really great!!!
    Read this very accurate!

    "Exploration & Production History
    The Kumarina copper deposits were discovered in 1913 and worked intermittently until 1973. The
    workings extend over nearly 3km as a series of pits, shafts and shallow open cuts. At the main
    Kumarina Copper Mine located on the Company?s adjoining Mining Lease 52/27, the workings are
    entirely underground with drives from the main shaft extending for some 200m in the upper levels
    and for about 100m in the lower levels at a depth of 49m below surface.
    Records indicate that the Kumarina Copper Mine was the second largest producer in the
    Bangemall Basin group of copper mines. Recorded production to the late 1960s is 481t of copper
    ore at a high-grade of 37.0% Cu and 2,340t at a grade of 17.51% Cu.
    In 1962, Carpentaria Exploration Company Pty Ltd drilled a shallow 30m hole below the old
    Kumarina workings and intersected 5.59% Cu over 6.7 metres."

    Read further...
    they know, where the CU-concentration is.
    So lets wait until Summer next year and see drillings with 3-5% CU minimum, maybe 10-20%...
    Good luck and fun with this great chance...

    Thumb up, Mikro
 
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