CYM 5.56% 3.4¢ cyprium metals limited

1010m of RC drilling was completed last quarter. These results...

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    1010m of RC drilling was completed last quarter. These results on their own are not likely material. I suspect the holes were required as infill to convert some inferred material to M&I. This would fill a few gaps in the MRE so hopefully the results get presented with the upgraded MRE. This would then be material.

    An interesting note on the last quarterly was the last point under ESG. I may have missed some previous communication but it is clear that the expanded leach pad facilities are a no go. This was pretty costly when it came to the restart capex and not a good investment of capital for 5-6 years of oxide leaching. The language now is that the leaching is used for leach able material not put through the concentrator. So the concentrator is the preferred tool for the oxides? Curious for some other thoughts.
 
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