TAKEOVER TARGET, page-2

Cut off grade set at 0.5% copper.
The Geo group considers this as likely mineable from the below extract.

".......reported at the nearby Tritton underground mine currently in operation. The Tritton deposit, which is being mined using underground mining methods and has similar geometry to the Collerina deposit. Based on the comparison with the Tritton mine, and with the Collerina mineralisation being shallower and of higher grade, PayneGeo considers that Collerina has reasonable prospects for eventual economic extraction and that it is reasonable to report the Mineral Resource at a 0.5% Cu cut-off.

Looking at the below graphic there is a new model with big upside, particularly the near surface high grade
copper extension potential, initially followed by or with deeper widths drilling.

Cheers