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Bullboard - Stock Discussion Forum RESERVOIR MINERALS INC V.RMC

"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."

TSXV:RMC - Post Discussion

RESERVOIR MINERALS INC > New Porphyry Drill Results: 835 meters of 1.05% CuEq
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Post by psj567 on Apr 14, 2016 4:17pm

New Porphyry Drill Results: 835 meters of 1.05% CuEq

New PR Today: The 200 meter step-out hole to the northwest hit for 835 meters of 1.05% CuEq and ended in mieralization of 3.47% CuEq at 2,093 meters. The porphyry remains open to the north and east and at depth. Simply incredible results.
Comment by rob926 on Apr 14, 2016 4:29pm
Whoa Rob get's his porphyry hole to! Thanks for the heads up!
Comment by rob926 on Apr 14, 2016 4:57pm
Best porphyry hole yet! A little confused when they say that the west is closed because of hole150060a. 150060a was drilled southwest and hole 150060 was drilled pretty much west and ended in incrediable minerization. I would think that west is looking pretty good right now and hopefully 150098 proves that to be true. Am I missing something?
Comment by thorgb1 on Apr 14, 2016 7:05pm
Rob got more holes!! Fantastic results. For comparison, I was told by an analyst that 0.5% is the threshold for a viable block caving operation, so it's obvious why Freeport wanted to keep the majority of the porphyry. It looks like more housekeeping to me. Setting the stage for a big announcement next week?