RE: Copper!!!!!!22 May 2021 09:06
This is extracted from RNS from 25th Sept 2019.
Encouragingly, holes TOD-023 and TOD-023D also identified a faulted breccia above the main mineralised vein in the hanging wall, where visible mineralisation was identified and sampled from the hanging wall position approximately 25m up hole from the main zone. The hanging wall zone shows a broad envelope of 10.5m@2.23% Zn Eq (PbAg) from 636.85m to 647.35m in hole TOD-023D (Table 3) within which sits a higher-grade interval of 4m@4.08% Zn Eq (PbAg) from 636.85m to 640.85m (Table 1). While it was not originally intended to assay material from hole TOD-023D, the identification of new zones of mineralisation within the hanging wall, above the metallurgical sample area, has enabled further resource assay work to occur.
This additional mineralisation discovered in the hanging wall is of significant width and will be reviewed within the context of the updated resource work currently underway. In addition, within this hanging wall zone, results show elevated copper levels with 0.28m@1.83% Cu returned at a depth of 640m downhole which is being assessed by Europa Metals' technical team in order to understand how it relates to the copper intercepted near surface in hole TOD-020 from the Company's 2018 diamond drilling campaign.
Now the question we should ask ourselves is 1. Would the Cu be worth pursuing based on the above and how much have we got and how much value does it add and can it be mined profitably ? In addition...during the current drilling campaign was this zone included ?
They used the term elevated rather than significant. However they do say significant width....Could this possibly be the value event ?
Time will tell I guess but yes we do have Cu...how much though is any bodies guess at this stage.
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