Post by
Retiredgeo on Nov 04, 2024 7:29am
Press release
It looks like they are closing in on the potassic core to the south (the NW was a red herring). They also have early indications of another porphyry centre to the NE.
The enrichment blanket continues to the south but we have no estimates of grade as of yet. I am encouraged that they have the enrichment blanket over the potassic core. I am also encouraged that the Hercules rhyolite is thinning to the south. Both discoveries support economic viability.
I can't foresee Barrick walking away from this one. There is far too much copper in the ground. I'm expecting another financing/buy in from someone this winter.