Can someone please enlighten me to as why Trafalgar is any different to Carnaby's Nil Desperandum?
Veecat, no need to reply!
Carnaby has found 50m at 1.1% and Hammer found 55m at 1.12% Cu
See below snip of Hammer's announcement from Jan 2021
20/1/2021
NEW COPPER-GOLD DISCOVERY AT
TRAFALGAR
HIGHLIGHTS
• Broad copper and gold intercepts confirm discovery at the previously
undrilled Trafalgar prospect in Hammer’s Mount Isa East Joint Venture
• Significant intercepts in the two holes drilled include:
o 55m at 1.12% Cu and 0.30g/t Au from 119m including 16m at 1.77%
Cu and 0.49g/t Au from 149m in HMTRRC001; and
o 32m at 1.04% Cu and 0.25g/t Au from 64m including 6m at 2.38%
Cu and 1.45g/t Au from 91m in HMTRRC002
• The Trafalgar prospect forms part of an extensive copper-gold soil
anomaly which stretches for 2.7km with little previous exploration.
• The copper mineralisation at Trafalgar is predominantly chalcopyrite and has a
peripheral magnetite alteration halo with a central pyrrhotite component.
Elevated rare earths accompany the Cu-Au mineralisation
With already a JORC resource at Kalman, Sumitomo partnering at Trafalgar (the Copper is still there) with similar finds as Carnaby and substantial land holdings in the area with multiple exciting targets, am I missing something.
I would have thought we were one step ahead of Carnaby, as far as de-risking goes. That's the market for you??
It will be a great day when they announce the further drilling of Trafalgar with Sumitomo putting in their coin to fulfil the contract.
And lets hope Kalman has favorable result close to surface.
Go Hammer, you good thing!
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