"The Copper Blow Project is a large mineralised system...

  1. JFI
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    "The Copper Blow Project is a large mineralised system identified by SCI that demonstrates the characteristics of a significant Iron Oxide CopperGold (IOCG) deposit, located 20kms south of Broken Hill. The Project comprises three exploration licences, (EL 8255 Coombarra, EL 8629 Saltbush and EL 8076 Lynor) and is held under a Joint Venture agreement whereby SCI maintains a 75% interest and CBH Resources 25%, with both companies contributing.Geophysical and geochemical surveys carried out by SCI indicate the IOCG style of mineralisation has a much larger footprint than initially recognised, with a magnetically anomalous zone 100-200 metres wide extending over 4.5 kilometres. To date, SCI has only tested the copper-gold mineralisation over a strike length of 1 kilometre in the southwestern part of the anomaly.This extensive system has the potential to host large tonnage copper-gold deposits and, will be the focus of the Company’s drilling programmes in 2018-2019.Copper Blow is in close proximity to the established infrastructure at Broken Hill with power, rail and sealed road all within a few kilometres. The City of Broken Hill has all the facilities of a major mining centre, with two operating mines including CBH’s Rasp Mine.Results from SCI’s exploration to date lends Copper Blow potentially amenable to both open pit and underground resources."

    This bit... "will be the focus of the Company’s drilling programmes in 2018-2019" never happened. WHY ? ? ?

    This is all from the company's website which seldom gets any revision or updates for some reason.

    https://www.silvercityminerals.com.au/projects/copper-blow/

    Copper is sniffing out inflation or commodities/equities breakout or something... this project should be taken forward. Anyone want to reach out its [email protected] or on Twitter. I own 4% of the company through JFI.

    https://twitter.com/JFIAustralia

    JFI
 
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