The next update on drilling in Alberta NT may be tomorrow or Monday next week. Another update on electro-magnetic survey outcome at Jervois is not far away.
In my view, CXO plans may be changed based on electro-magnetic survey outcome and exploratory drilling at Jervois may be prioritised for two reasons: one KGL findings of very high grade copper and possibility of extension of folded structure to the east well into CXO mining lease.
High grade copper continuity at deeper levels provide possibility of presence of similar structures in CXO mining lease.
I am sure, this time CXO appears to have long and unstoppable run. It is just the beginning. Hope CXO may find high-grade zone of native silver at lower levels.
CXO Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
