RE:RE:Copper
I've been waiting for Blue Lake results for what seems like an eternity. What they have shown so far is actually very promising. They haven't found the potassic alteration, or core of the porphyry yet. The fence drilling has demonstrated that they are in the propylitic alteration, or halo of the porphyry, and that is grading aroun 0.3% Cu. If the halo is grading that much copper, the core could potentially grade much higher. This is all speculation though, hence the impatient waiting for the actual drill results from a deep hole.
Remember Wafi Golpu? It is one of the only greenfield Cu/Au deposits that makes the cut as a block cave operation. In the WORLD. If K92 drills a Wafi Golpu type hole, there is no way a major mining co. will not be interested.