technical update, page-27

In an ANN a few months ago MNE were in the process of locating old receipts from the processing plant.

One such receipt which they had found showed a grade of above 11% Cu for a truckload sent by for processing by Gunter Stromberger.

MNE also made the point that historic grades received from processing were far higher than grades from assays.

That was enough for me to fill my boots with the OBs when they were 0.006 - 0.007.

I think 9% Cu is entirely feasible whether it's on the first delivery or the second or the third ... I don't really care.

I should add that 9% Cu is considered Direct Smelter Ore and as such commands a premium. Back in February (when the Cu prices was lower) 9% Cu produced revenue of $485.82 per tonne from the Chilean mills.

EB