Member Info for Lucky520

In Colin birds interview yesterday he said that if we are still in mineralization at 500m then we have a monster, so..... That is over 160m as we started at 340.

We already have 65m and haven't hit the middle so you can easily double that as you go out the onion in reverse order. So, we have already in theory got 130m.

Basically it is going to be highly likely we get over the 160m and we will have a monster on our hands according to me Colin bird and his grocery bag. :)

Well done Colin for educating the I'll informed!!

News, the target depth is 750m.

If mineralization continues to 750 that would give us 400+. Look forward to a Monday morning update.

2nd drill should be down to about 300m now. Don't expect an update today but maybe one tomorrow.

I don't know why everyone is getting hung up on the copper grades. As per the RNs if I read it correctly...... We likely have a gold mine with additional copper NOT a copper mine with additional gold. That's my view.

Just done some quick maths.....

Gold is $60 a gram
Copper is $40 for 0.5% of a tonne

Therefore 1 gram per tonne is worth 50% more than copper at 0.5% grade.

So...... Having a higher gold grade than copper equals a more valuable mine!!

I'm wondering how the gold grades will effect the copper equivalent? I assume high gold grades will reduce the amount of tonnage we need? We have already doubled the known resource. With width extended and higher gold grades we could meet AA buy back target.

Just noticed we are now drilling 9 holes in total.
Going to be an interesting couple of months!

Looking at the diagram, I am more interested in hole 3 than I am of hole 2. Anyone have the same idea?

Looks like gold grades should be good. Very happy with the copper grades. Looking forward to tomorrow morning lol well done Colin.

I would really like to know where drill number two is going. According to CB they have changed the drill program so I'm assuming drill number 2 may not be where it's shown on the diagram.

Thanks H50, that was an interesting read.

How do you know this Rob?

I assume there 200+ now. Should hit mineralization tonight/tomorrow morning. I wonder if we will get 200m or 300m or 400m or maybe 500m of width.
We will know by the end of the week.

I've just done some quick calcs and worked out we need the cigar to have an average diameter of 450m.
940m long by an average of 450m diameter, times that by 3 for tonnage and we get 448,000,000 approximately. If the grade is more than .44 then we would need less. I'm no mathematician, just entertaining myself so I can get a feel for what drill 2 needs to show. Happy to be corrected.

Reported!

And the scum has come to surface.

Great interview. Really getting excited now. Bring on next week.

This could be a monster, AA get you check book out!