RESERVOIR MINERALS INC V.RMC

Hole Depth

[cd673]

Anyone have a theory about the depth of the holes?  27, 28, 29, 32 and 34 are all pretty deep. My guess is 27 is like 18 in quality, so nothing new there. The rest must have hit something or they would not drill to 2000 meters would they?  If 38, 32, 34 and 36 hit that would really make the deposit wide and deep. Same for 35 to the north. If any one of them  does not hit that is probably not a big deal, but it would be nice if all did.   As for 1215 and 1216, they were stopped before 1000 meters, but depth was probably not expected there.  Then there are 24, 30 and 38, which while shallow, are closer to other shallow hits, and must also be interesting or they would not be going west with 41, 43 and 44.  Why drill deep if you are not into something thick?  What do you think?

[psj567]

There are 5 completed, wide step-out holes in the northeast lobe that are at or near 2 km in depth. There are also 2 drills drilling in this area currently.  One would reasonably infer based on this amount of drilling at depth and the results from hole # 1219 that Freeport has discovered porphyry mineralization at depth that it believes is economic. I would agree with your observations that