I read the REX Minerals (RXM) resource upgrade today and there was one picture that I thought was worth posting. Here it is
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What I found interesting was the 4 different copper resources
1. High grade low volume - Degrussa
2. Medium grade - low volume - Nifty and others
3. Low grade and low volume - Rocklands and Kanmantoo
4. High volume and OK grade - P Hill, C and others
OZL has said it wants to play in 1 and 4. I thought the picture spect out the OZL strategy superbly.
HT1
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