Olympic IOCGRecently I had my attention drawn to a company that has an IOCG Uranium property that is somewhat more advanced than CMD’s Olympic IOCG. However, the more interesting distinction is that the other company sports a market cap of $72 million, while the CMD IOCG carries a market cap of that is rather negligible.
Like the other company’s property, CMD’s IOCG has had extensive preliminary work done on it, and has a number of drill ready targets.
In addition, in a NR from July of last year, the company noted that they uncovered significant historical [thus, not 43-101 compliant] surface uranium showings on the adjacent 50% owned property. “The highest values recorded in that survey were 1.57 percent U3O8, 1.01 percent U3O8, 0.54 percent U3O8, 0.46 percent U3O8 and 0.32 percent U3O8. … Rock samples collected in 1994 included samples grading up to 10.8 percent Cu, 625 ppb Au, 0.29 percent Co, but were not analyzed for uranium.”
For some curious reason, this highly prospective property seems to be completely off the radar screen, as far as the market is concerned. To its credit, CMD has prepared a rather well-done “presentation” on the property, but it is hidden away on a pull-down menu
( but it is shown here at the link below). The presentation portrays the incredible similarities between CMD’s Olympic property, and the famous Olympic Dam property in Australia, which is the single most valuable ore body in the world.
This is a property that deserves far more attention that it is getting.
https://www.commanderresources.com/properties/forJV/olympicrobpx/yk_ppt/05YKjuly.htm