Thanks Karma great information, l like this part and we DEFINITELY have a MEGA deposit. Also seeing that what l posted the other day is correct a little bird told me Newcrest think Andewa has the potential to be much larger than Lihir.
RE deposit type, future assays and potential
· The market hasn’t appreciated the drill results to date very much, but I am personally very pleased with the initial results. My peers and several of the majors all believe we have done a brilliant job so far - I hear laughing from the Hot Copper website, but that is the reality of the situation, regardless of what day traders (and others who think they know more than they really do) believe. Very large and low grade gold –copper porphyries are the new deposit type being sought and developed around the world. I was at a conference (NewGenGold – biggest most recent gold discoveries in the world) last week and this was pounded out as the new reality. Both out holes 1 and 2 were better than several of the discovery holes on these mega deposits! We definitely have one of these at Andewa and the question is – where are the higher grade zones? – that is our task now.
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