I agree, though you should credit Peter Nicholson as well. Nice work. I think that you will find that this tenement results from application of their IP.
Being mineral exploration, it is long odds, but this does look promising. The situation isn't that dissimilar to the Resolution discovery to the WNW of Morenci, though hopefully closer to the surface.
On 29 May 2008, Rio announced an inferred resource of 1.34 billion tonnes grading 1.51% Cu and 0.04% Mo, at a depth greater than 1300m. See http://www.riotinto.com/media/5157_7821.asp for more details.
Given the outstanding provenance of the area, presence of several major mines, and Rio/BHP's Resolution discovery, it would seem that GSC should be able to attract a strong JV proposal should they want to pursue that path. No doubt they will do a bit more preliminary geological work first though!
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- nice detective work
I agree, though you should credit Peter Nicholson as well. Nice...
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