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11up

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19/11/19

00:07

Post #: 41495296
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Originally posted by 11up ↑

New model at Collerina copper, zinc could add 150000 tons copper sees Tritton geology. Model means targeted drilling a tonnage from surface.
Company has stated for some considerable time, an alternate funding approach being considered.
JOGMEC, the Japanese investment arm, fast tracking Samuel prospect in Chile, moving quickly to 3rd stage of JV not due till 2022. Probably sees 1% copper and some gold as a go in recent assays ( complete assays still due ) these potentially massive man to style systems in Chile sees copper at 1% as excellent.
Joshua also a large system potentially, has two unsolicited site visits under NDA's. This follows recent $ 1 million spend recently by Manhattan who decided not to go to the proposed full JV.
Cobar gold recently updated to 2012 Jorc, with potentially big upside with 3km of ground likely continuation of surface gold repeats. Considered a repeat of AMI gold 20km NE.
Other targets also being assessed.

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