KDR 0.00% $1.90 kidman resources limited

what todays announcemnt means?

  1. 7,708 Posts.
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    The highlights of KDR's Phase 3 drilling results at Blind Calf inc:

    23m @ 7.07% Cu with 8.87g/t Ag (from 24m)
    20m @ 8.06% Cu with 10.17g/t Ag (from 26m)
    5m @ 13.45% Cu with 16.98g/t Ag (from 33m)

    A quick comparison with SFR's initial drilling results dated 18/5/09:

    47m @ 5.3% Cu with 20.1g/t Ag (from 93m)
    22m @ 3.6% Cu with 3.8g/t Au and 13.4g/t Ag (from 96m)
    18m @ 2.9% Cu with 13.0g/t Ag (from 126m)

    So looking at the above todays announcement in KDR is extremely significant just like SFR's announcment on the 18/5/09 was. The only difference is KDR has higher grade's of copper and similar grades of silver to SFR. KDR is also at a shallower depth.

    DYOR

 
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