Hi @The Mule can you point to where ICG mentioned tailings dumps? Do we have any idea on tonnage and grade? I'd be very keen to have a read and do some numbers on them.
I saw @Bigmarn compared the Aussie tenements to CNB's Tick Hill. To give some idea on value CNB sold their tailings for $6M. 419,900t @ 1.35g/t Au.
I think it will be the Peruvian assets that drive the SP of this initially. 5km from Anglo's tenements is the definition of nearology. I remember CTM went on a very big run due to their nearology to Vale in Brazil. A 200mt target of Au, Ag and Cu and 24 drill targets. It will get to $50M cap on drilling.
Two 100% owned projects, great value Au, Cu, Ag + IOCG, page-23
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