been doing some sums on what malibo might bring us...lets say that a 100 metre x 100 metre x 100 metre area around drill hole 1 has similar results...1 million tonnes of dirt with 5% copper gives us 50,000 tonnes of copper at say 7500 dollars a tonne...375 million dollars...hmmm...increase copper grade to 10%...750 million dollars..
also 2 grams per tonne gold...70 thousand ounces at 1700 an ounce..another 120 million...
50% iron...500 thousand tonnes at 100 bucks a tonne...another 50 million....
wow...what a discovery this hole might be!!!
oh yeh...and bunnawan...wow...could be a good xmas!!!
how much copper
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)