GREY:CATXF - Post by User
Comment by
tire9on May 02, 2011 6:10pm
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Post# 18519764
RE: NR - 0.363% Cu over 867.9 m
RE: NR - 0.363% Cu over 867.9 mLots of paper and at least 3 years to production. Drilling needed to expand the deposit, I think they will make a super pit and go deeper for the best grades. The waste to ore ratio looks good on each pit at about 1 to 1 with the gap of 500 m extending for a depth of 300 m. This is a very large deposit as shown in the 894 meters of .4% copper and even further, they quite in mineralization because of maximum drill rig depth.
Quote "These two deposits are located in an area with excellent infrastructure, are separated by 800 meters, both outcrop at surface near the top of a low ridge and are amenable to low cost open pit mining methods. Based on my years of experience as a geologist evaluating mineral deposits, La Verde is one of the most attractive porphyry copper deposits with which I have been associated.”
Not worried about this one as it will be a mine, and it has to go thu all the stages.