Just for Shlitz and Googles....
I had to go back and dig up the CXO "monster" results from April that sent CXO from $.20 - 1.75...
DBV should be able to attain bigger strikes and of course we're all hoping for better copper/gold grades which when you look at CXO's numbers - it does seem very plausible, we've got a tiger by the tail here.... (and this was cxo's first 2 holes)
Colorado Resources Limited (CXO.V) today announced the results of the first of two drill holes recently completed on its 100 % owned North ROK property located approximately 190 kilometres north of Stewart B.C and along Highway 37 south of the village of Iskut.
The property is underlain by volcanic and sedimentary rocks of the Upper Triassic, Stuhini Group to Lower Jurassic, Hazelton Group in a similar geologic setting to Imperial Metals Red Chris mine development (15 kilometres to the southeast) which has proven and probable reserves of 301.5 million tonnes grading 0.359 % copper and 0.274 g/t gold.
The Company has recently completed two drillholes (totalling 524.4 m) on the property based on a follow up of 2012 soil sampling, ground magnetic and IP surveying in an area around the Mabon showing.
Drillhole NR13-001 was targeted to test the northern part of the coincident soil geochemical, magnetic and chargeability anomalies and the entire length of hole NR13-001 returned 333.0 m of 0.51% Cu and 0.67 g/t Au.
The first 242 metres of the hole was hosted in a typical porphyry copper style altered monzonite intrusion and returned 242.0 m of 0.63% Cu and 0.85 g/t Au. The last 91 metres of the hole intersected altered volcanics which weakened away from the intrusive contact but still returned 0.20 % Cu and 0.19 g/t Au.
Colorado touched a new yr high of 36.5 cents in earlier trade.