The 600k order at 10.5cps will surely get the punters excited tomorrow considering assay results are imminent IMO from the Mount Gunson Copper Project!?!
* Strategic location in the best endowed copper belt in Australia, the Olympic Copper-Gold Province. This belt is over 500 km long and contains about 75% of the known copper resources in Australia. Olympic Dam is the fourth largest copper and largest uranium deposit in the world, containing some 42% of global uranium resources. Two discoveries since 2000 at Prominent Hill, approximately 100 kms north west of Olympic Dam and Carrapateena, 20 kms east of Gunson’s Chianti Prospect, have heightened exploration interest in this belt.
* The Project straddles about 10% of the Olympic Copper-Gold belt as four contiguous exploration licences covering about 1,473 square km.
* The Olympic Dam mine and other iron oxide associated copper-gold prospects to the north and south occur in basement rocks which are relatively shallow around Olympic Dam, Prominent Hill and north of Mount Gunson around Chianti Prospect. Exploration for large copper-gold deposits in the basement is being funded by a subsidiary of Xstrata Copper, which has the right to earn a 51% interest in the Project by spending $3.5 million. To date, $2.2 million has been spent.
http://www.gunson.com.au/html/gunson_f.html
JB
The 600k order at 10.5cps will surely get the punters excited...
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