RXM 0.00% 46.5¢ rex minerals limited

Iron Ore, page-7

  1. 16,487 Posts.
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    At some stage copper will hit US$10,000 a tonne , they could forget open pit mining and go after all that higher grade copper with under ground mining and pay off the plant in one year. Just who own the deposit by then may not be RXM shareholders.

    Some of the higher grade drill holes

    259m @ 1.7% copper and 0.4g/t gold
    57m @ 1.5% copper and 0.4g/t gold
    57m @ 1.4% copper and 0.2g/t gold
    60m @ 3.0% copper and 0.5g/t gold
    Last edited by malmanu: 21/06/19
 
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