The below is an extract from CPN's quarterly released today. You can see that Greg Miles is excited over even 01.g/t. Now I know that surface samples are never a true indication what lies beneath. But our .5% average over the samples implies Rh 5000g/t. If we were to get even a few 1,000 tonnes @ 0.05% we would still have 500 g/t.. So 2,000 tonnes would contain $606m dollars worth of Rh at todays prices. We can dream.
Rhodium is a rare and extremely valuable element so grades greater than 100ppb, or 0.1g/t, are considered
highly significant. Despite the value of rhodium, routine analysis is rarely undertaken because of the scarcity of
the metal and significant additional cost to assay the full 6-PGE suite. Prior to Caspin’s involvement in the
project, only five samples had ever been assayed for rhodium as part of a metallurgical sighter program in 2006.
Therefore, the potential for rhodium mineralisation has never been evaluated. The Company is extremely
encouraged that its first-ever assaying of rhodium has returned such significant results.
The Company will now review all of its past exploration results with a view to selecting zones of PGE-rich
mineralisation for 6-element PGE assay, with the aim to identify further rhodium mineralisation.
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The below is an extract from CPN's quarterly released today. You...
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Last
3.2¢ |
Change
-0.005(13.5%) |
Mkt cap ! $35.67M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.0¢ | $246.0K | 7.906M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 965062 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 92223 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 965062 | 0.031 |
5 | 1563367 | 0.030 |
4 | 804180 | 0.029 |
7 | 1398607 | 0.028 |
2 | 1325000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 592223 | 2 |
0.033 | 1460122 | 3 |
0.034 | 4044 | 1 |
0.035 | 11016 | 1 |
0.037 | 720243 | 2 |
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