IMO , the soon to-be released first every 43-101 will show the market enough pure copper Chalcocite which will draw all the big players attention.
Chalcocite, is mined Globally, but not every found in massive widths like BAY has and especially not lying all over surface at 100 meter or 330feet depths. The Chalcocite here that BAY;AWM have is pure without Impurities while most Globally have a mix of other minerals making for costlier extractions where as BAY :s chalcocite can be added straight into flotation..
The next drilling to start in 3 months will double the soon 43-101 because of the already discoverd and released new zones which will see alot of new drilling.Thunder,Lightning,HailStone ,and alot more heading over to Toronado..
Logistics, on going being carried out by In-dependent Enginerring firm , Looking at a DSO operation for current surface 4 zones and 2024 drilling which should double the ore body at surface.The current ming camp would be relocated 15k over to the 4 zones for ease of transportation cost.
The current airstrip here would be extended to allow twin otters to land saving chopper cost.Permitting for different requirments are being arranged and sealift arrangment cost and shipping cost are also factured in.
The DSO operation will see a sorter , coupled with bagging dry Chalcocite and storing in heated shed at tide water for shipping.The mining DSO has a Capital cost of 35million which includes two sorters complete @ 12.5million to set up..
PS,.Do your own DD on this play. Talk to Thomas ( ceo ) and do not believe all the garbage lies you will read here on SH and over on CEO board.
IMO ,.the hypesterrs on both boards are only here to post hype and lies which creates the flipping opportunity for them to move the share price up and down..
Buy on dips and go long..
Chalcocite, also known as copper (I) sulfide (Cu 2 S), is an important copper ore mineral12345. It is opaque and dark-gray to black with a metallic luster, and has a hardness of 2 1⁄2 - 3 on the Mohs scale123. It is a sulfide with an orthorhombic crystal system13. Chalcocite has been mined for centuries and is one of the most profitable copper ores due to its high copper content (67% atomic ratio and nearly 80% by weight) and the ease at which copper can be separated from sulfur4.
Let The Drills Be Our Friends
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