short term trading week starting - 22 oct, page-41

  1. 6,824 Posts.
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    Hi Strauss - just to add to your post, the second string to ORO bow is the major copper play.

    Porphyry copper targets expanded on Oroya 100% tenements
    ? Five conductive targets identified by Chinese mining group as “highly prospective” for
    porphyry copper deposits
    ? Drilling contractor on standby awaiting DPI approvals
    An interpretation for Oroya Mining Ltd (ASX:ORO) has identified five conductive anomalies
    “highly prospective” for porphyry copper in Oroya’s 100% owned Orbost project in Eastern
    Victoria (figure 1). The new analysis identified more than seven anomalies, several of which
    are associated with old copper workings. As previously advised, Soaraway Development
    Pty Ltd (Soaraway) was appointed to conduct a detailed interpretation. Soaraway is a major
    shareholder of Oroya and is the mining subsidiary of China based Yucai Group.
 
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