OAU 5.00% 1.0¢ ora gold limited

significant upside potential

  1. 5,441 Posts.
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    Check out page 3 of the following research report and note the following words under the strength section of the SWOT analysis;

    "Results from the Allamber drill programs suggest the potential for a large scale copper and/or uranium mine"

    http://www.thundelarra.com.au/documents/THX%20-%20Final%20IIR%20Research%20Report%20021112.pdf

    And this from page 12 of the 2012 annual report;

    "The widespread extent of copper mineralisation at Allamber, coupled with the broad width of mineralised zones intersected in drilling, highlights the potential for discovery of a copper deposit of significant scale".

    http://www.thundelarra.com.au/documents/THUNDELARRA%20EXPLORATION%202012%20Annual%20Report%20-%20Web3.pdf

    Throw in the "potential hydrothermal vent" at Currara Well and further work commencing at Red Bore (located 500 metres from Degrussa). This highlights the potential at Red Bore;

    "Thundelarra’s work at Red Bore has identified a significant VMS horizon, with sulphide mineralisation returning assays up to 17 metres at 11.7% copper and& 1.73g/t gold from 29 metres in TBRC005".

    Significant upside potential from these price imho. DYOR !!!
 
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