CBE 0.00% 7.0¢ cobre limited

@aubin thanks for posting, I was looking for this in the...

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    @aubin thanks for posting, I was looking for this in the weekend. I've done my best to calculate potential grade thickness from the pXRF (not assays but indicative nonetheless). Wasn't sure but after seeing this diagram and comparing to my numbers this discovery is looking similar to Zone 5 in terms of grade and thickness (that is if the assays are comparable to the pXRF readings and infill comes up with similar). Not gonna post here as very crude analysis, only the assays will tell us what grades we've got. Hole NCP08 is very likely to be in dark brown (>20 Cu% x m), really a standout hole and if it continues at depth then adds a lot of copper to the equation. But the other holes are also decent if it really does have the scale it looks to have. The deposit is still open along strike so leaves the door open to a lot of potential tonnage. Regardless, the discovery of the Grammer deposit proves that there are large discoveries to be made in this part of the belt. Surely this justifies a significant rerate of the company, as CBE holds all of this part of the belt. No reason they couldn't grow a camp of deposits with a production hub as Sandfire and Cupric have done. Amazing work by the technical team here, these guys really have shown their ability to make discoveries under cover... no mean feat for any geologist/geophysicist

    https://hotcopper.com.au/data/attachments/4612/4612971-7527b9f95d86969c25463114657fe1fa.jpg

 
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