pre-open, page-4

  1. 224 Posts.
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    It is not a 'new discovery' - all CDU have done is drill slightly down dip of the known mineralisation.

    If you look at the cross section, CDU have drilled nearly down dip, so the intersection quoted is not true width (true width intersection would be significantly narrower)

    What is of interest is the wording on pg 3 (final paragraph).

    "Subsequent drilling will confirm which of the above 2 scenarios is correct....result in additional tonnes of high grade copper mineralisation being added to the current Rocklands South resource estimate"

    Of course you can read into this what you chose, however, as the last JORC resource estimate was released in, was it 2007?, does this release indicate that there is a more current resource estimate that has not been released to the market?
 
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