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Bullboard - Stock Discussion Forum
Inflection Resources Ltd
C.AUCU
Alternate Symbol(s):
AUCUF
Inflection Resources Ltd. is a Canada-based junior resource company. The Company is engaged in the exploration and evaluation of mineral properties for gold and copper in New South Wales and Queensland, Australia. Its projects include Northern New South Wales Project (NNSW) and Carron Project. The Company holds a 100% interest in the NNSW Project located in the Lachlan Fold Belt region of New...
South Wales, Australia (the LF Belt). The NNSW Project includes multiple exploration licenses and applications totaling over 7,000 square kilometers (km2). Its Carron Project is located approximately 400 kilometers west of Cairns in Northern Queensland. The Carron gold project comprises approximately 30 kilometers of northwest trending structures with several drill targets, a long strike from the adjacent historic Croydon Goldfields (Croydon). The project comprises approximately 61,200 hectares (ha) of exploration licenses.
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CSE:AUCU - Post Discussion
Inflection Resources Ltd
> From CEO:CA - A story stock.
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Krishak5
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Post by
Krishak5
on Nov 23, 2023 1:42pm
From CEO:CA - A story stock.
@krishak5
Three reasons AuCu will become a story stock: Cadia (>50Moz Au + 8.7Mt Cu, the largest gold mine in Australia), Northparkes (5.2Moz Au + 4.4 Mt Cu, the 2nd largest porphyry copper mine in Australia), and Cowal (>11Moz Au), and other world class deposits were all discovered because of outcrops of mineralization in the southern part of the Macquarie Arc. No outcrops can be seen in the northern extension of the Macquarie Arc because of the veneer of sedimentary cover hiding the mineralization. However the occurrence of metal deposits undercover can be detected from their magnetic fingerprint and targeted for cost effective mud-rotary drilling through the sedimentary cover.
Dr Douglas Haynes, Chief Geologist with Western Mining, BHP Minerals, and BHP Billiton Minerals and the discoverer of several world class deposits of gold and copper, was the brain-child behind the idea of searching for Cadia and Northparkes-like deposits in the Northern extension of the Macquarie Arc. He shared his idea with Alistair Waddell who turned it into Inflection Resources with the symbol AUCU. Anyone reading this post now is incredibly fortunate because we are hearing this simple story first, with the opportunity to accumulate the stock before the news gets out..
(49)
•••
Krishak5
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Comment by
Krishak5
on Nov 25, 2023 2:28pm
Cadia (>50Moz Au + 8.7Mt Cu), Northparkes (5.2Moz Au + 4.4 Mt Cu), and Cowal (>11Moz Au) = 128Moz AuEq.
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