Post by
Copperking102 on Oct 17, 2021 3:59pm
At The Doorstep Of Discovery
So here we are, 6-8 drills done, deep ones at that, with assays due out within days or weeks for sure. What are we going to find? 3 D-IP looked in and reflected something as deep as 600 meters. Historicals, many of which ended in mineralization, stopped as planned at about 200 meters. Now we go deep...800...900...and more. Is it copper? How about gold and or silver?? Most likely all three!! Back then, they assayed every 5th or 6th hole for gold and silver, only to get an estimate of value because it would help, but $2.00 silver and $150.00 gold would be at best, mild offsets. Yet, when their Pre-feasibility studies came out, they estimated 1.5 million oz of gold and 25 million oz of silver. Remember, that was the originall 200 meter pit in the North Zone. Just think how much more there might be with all what we know now?? Deeper "pit" zone...Brazilious Zone...Unknown reflectance from the South Zone...and so on.....What would a 15 billion copper, 5-6 million oz gold...50 million oz silver deposit be worth?? Going to be a FUN 2022....
Comment by
auricgold on Oct 21, 2021 3:07am
Gold according to self professed so called Guru, Sprott, is worth 100$ per Oz in the ground. so 5 million Oz is 500 Mill to start. IF we find that much gold and silver and the copper, then we could be bought at 2 to 4 billion I assume. So thats is approx 8 to 16$ CAD.