AUL 0.00% 28.5¢ austar gold limited

victorian porphyry copper gold tenements grant, page-16

  1. 8,005 Posts.
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    This is cool.

    ICG went to a $60mn mkt cap back in january on anticipation of its first drill hole at a potential porphory half way up a mountain in Peru.

    A decent hole or two wou;ld do the same for MNM imo especially taking all the other projects into consideration.

    Portphories are by nature deep so the holes are expensive and the assays take a while but all you need is some decent hits at depth and the majors come knocking.

    Around 70% of the world's mined copper comes from porphory systems, so I am told.

    EB
 
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