Caesars Report: Cashed up and ready to chase massive 3D IP Thanks for posting Ismail,,. Nicely consolidated report to bring us up to present,,. I thought they did a fairly concise job of describing the pros & cons of the recent 3dip results that we have been discussing as it pertains to the Brasilles and this current phase of the survey,,.
"The 3D IP Survey is now in its final phase and we hope to see the interpretation of the final batch before the end of the quarter. It will be very interesting to see the chargeability results of the Brasiles zone where three holes were drilled in the nineties. The data from these holes is not available although John Thornton who has been working on the project for years in the past few decades has some specific recollections of hitting 1% copper(-equivalent) intervals. Good to know, but we’ll have to wait for the drill bit to perhaps twin the original holes."
"For now, Brasiles is just icing on the cake but should the 3D IP Survey confirm a high chargeability anomaly, we would expect Oroco to plan twinning the historical holes as soon as possible. The currently available results of the IP survey seem to confirm the mineralization continues across the river on the Brasiles zone so it would be reasonable to expect the company to encounter more copper mineralization, but it’s too soon too talk about size and grade right now. Let’s wrap up the IP Survey and punch a few holes into the Brasiles target before getting carried away. For now, the main value of the Santo Tomas project is still related to the North Zone which will be aggressively drill-tested."