Strong interest in Canada overnight. One to watch over the coming days.
Some key fundamentals:
- Capitalised at A$ 70 million;
- Over A$ 25 mill in bank
- Indicated Mineral Resource of 527 million tonnes @ 0.38% copper equivalent, for a mineral inventory of 1.49 million tonnes of contained copper and 122 million pounds of contained molybdenum;
- Inferred Mineral Resource of 766 million tonnes @ 0.33% copper equivalent, for a mineral inventory of 1.91 million tonnes of contained copper and 140 million pounds of contained molybdenum;
- An Inferred Mineral Resource of 1.29 billion tonnes for by-product metals of gold, silver and rhenium (not included in copper equivalent) for a mineral inventory of 3.3 million ounces ounces of gold, 56 million ounces of silver and 2.9 million ounces of rhenium;
- Resource Upgrade in progress, with project significant, highly substantial extensions to be added; and
- DFS due soon.
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