Step-out holes to have better grades than discovery hole 5?From AUPop on ceo:
We observed increasing grades in the upper bornite/enriched and lower copper mineralization zones as we moved from higher to moderate chargeability in ALL deep holes drilled last year in the vicinity of the discovery. This is an important and well-established pattern.
Hole 26, the furthest drilled into moderate chargeability, showed significant grade improvement compared to hole 21, drilled at the transition from high to moderately-high chargeability. Similarly, hole 5, drilled at a comparable transitional point, contrasted with the newly drilled holes 1 to 3, now positioned in moderate chargeability like hole 26. I anticipate 2024 holes 1 to 3 will show better grades than 2023 discovery hole 5, predicting 0.90-1.1 % Cu over 200+ meters.
Fwiw, in January, I said "I would venture to guess hole 26 will be around 130-160 m of 0.65 - 0.81 % Cu", with official hole 26 assays being 100m of 0.76 % Cu.