RE:Very positive GMP Research note.....Another very interesting nugget from the GMP research note this morning.....
Finally, we note that Reservoir has pointed to encouraging visual assays in today's release from three holes drilled ~2km to the south of the Cukaru Peki deposit. The core appears to display copper mineralisation with traces of lead and zinc which is indicative of a mineralised system potentially similar to Cukaru Peki. While these are only visual assays, we think this could potentially be another discrete ore body. It should be noted that this deposit type is common along the entire length of the Timok Magmatic Complex and consistent with historic high-grade deposits mined at Bor some 7km to the north.
Imagine if we have ANOTHER deposit a couple of KM's away......
TGB