KDR 0.00% $1.90 kidman resources limited

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

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    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).

     photo Bullion1.jpg

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

     photo Bullion2.jpg

     photo Bullion3.jpg

    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%.

     photo Bullion4.jpg

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