Old post I put up from August and Round 1...

Old post I put up from August and Round 1 drilling.

http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1814957&msgno=8453249#8453249

Thanks to Glen_Archer for the link. Made me go off and do some reading. I found a couple of interesting things about Home of Bullion Mine.

The first is an old presentation from the recent owners. It states that there is a non-Jorc resource of 126,000 tons at 15% copper from surface to depth of 210 ft (approx top 70m).



It appears drilling in 2006 expanded this to be 308,000 tons at 13% copper.





Most interesting in all this is the "to expand resource to 300,000t of contained copper".

To put this into perspective, SFR's DeGrussa Project has 541,000t of contained copper at 5%.



Early days yet, but you can see why KDR are off and drilling on this one... GLTA.