RE:La Plate drill results854 m at 0.26% Cu including 254 m grading 0.41% Cu
As far as copper porphyry systems go , this one has massive intercepts at depth,new discovery and legitimate promise for expansion.
Three points to consider:
The company is spending to deliver a 43-101 immediately.
There are multiple discoveries,notably the porphyry target at Copper Hill.
The drilling shows a massively deep system that is mineralized from surface to unknown depth.:
Historical drilling by Rio Tinto, Freeport and others returned intervals in the Allard porphyry system, starting at surface, that include 395 m grading 0.57% copper equivalent (0.51% Cu, 6.3 g/t Ag and 0.017 g/t Au) in LP-03 and 854 m at 0.26% Cu including 254 m grading 0.41% Cu in drill hole LP-01, both of which ended in mineralization.