re: koonenberry and others : love it Back CabeExtract from...

re: koonenberry and others : love it Back Cabe


Extract from Ann

:-These exploration efforts have resulted in a 1000% increase in the resource base at Koonenberry Base Metals Project. The resource now stands at 5.75Mt at 1.03% copper 0.35%zinc 2.30g/t Gold containing approximately 60,000 tonnes of copper. Importantly over 50% of the upgrade resource base falls within the JORC “indicated” category as outlined below.

(The best part)


The Company’s exploration has confirmed that the Koonenberry Base Metals Project hosts an extensively mineralised system. Massive sulphides mineralisation has also been intersected at depths greater than 400 meters. Mineralisation remains open in all directions.



IMHO it will be only a matter of time for an upgrade from 1.03% to say 2% considering the size and (OPEN IN ALL DIRECTIONS). It’s not rocket science.



So hang on (tight)



Cheers


Xan