the qrterly explained - copper is a goer!!

Ok, let's start from the begining:

Feysville (GOLD):

For those of us who remember, we were waiting for the HANNAS south shear zone aicore results.

1. Exact results for the south shear zone AC are currently AWAITED, which means that it could be out in any minute.

2. We have EXTRA 300m area that contains 1g/t au.

from report: "The September 2009 air core drilling has extended the previously defined supergene zone
of gold anomalism at Rogan Josh an additional 300m immediately south of previous drilling"

3. RC drilling is planned for November 2009, it will choose those HIGH GRADE points from the aircore results that we are CURRENTLY waiting for & drill in them to see if we have higher grade gold DEEPER & if they're worth mining.

Sandiego (Copper):

1. From summary: "Metallurgical testwork on copper mineralisation from the Sandiego Transition Zone nears completion with POSITIVE RESULTS".

from report:

"Metallurgical testwork on the Sandiego Copper Transition ore is nearing completion. Recoveries of 90-93% Cu are expected and concentrate grades of 26% are indicated."

"Engineering stope design work on the Sandiego deposit has been updated to enable realistic estimations of scheduling and cost parameters. A financial model which will incorporate MINING OF ZINC & COPPER transition ores as well copper and zinc primary ores is currently
being updated. Completion of this work is expected in November"

So obviously in clear english, we are preparing now for mining both zinc & copper, preparation starts by putting down schedules & cost parameters & all that will finish in NOVEMBER!!!!

So important dates as a summary are:

1. Feysville aircore results from lab - ANY TIME NOW.
2. Feysville RC drilling - DURING NOVEMBER.
3. Financials & scheduling of mining copper & zinc out of Sandiego - DURING NOVEMBER.

so, at this stage, Sandiego copper & zinc are being worked on & we should see costs & profits & financials in November & we'll have new directors to obviously look after both Feysville & Sandiego after the AGM.

they sound serious this time & they've clearly mentioned on the FRONT PAGE "Metallurgical testwork on copper mineralisation from the Sandiego Transition Zone nears completion with POSITIVE RESULTS", so I don't know what more than POSITIVE RESULTS can anyone hope for in an announcement!!

Intersting times ahead, put your seat belts on & get ready for all types of manipulation & keep your anxiety/post traumatic stress disorders/depression/heart condition medications handy because I think we're going to ride on a big ROLLERCOASTRE. lol

I'm very happy with this announcement & will continue buying!!

cheers,