Vette, you think we're selling with discovery zone and we'll get a nice amount for this also? So, no cuu 2 in this area means we'll get a nice premium for potential on top of everything else (RE2, 4 y clause, Liard shares etc...?
Yes...I think CUU,s is selling all, and keeping the name...and just grabed a couple Bilion pounds of copper for pennies...The other company was going down, had no money left, look at the balance sheet.....
Sombrero Butte (Porphyry source is deep underground)
http://www.bellcopper.com/s/Sombrero_Butte.asp?ReportID=300753
November 9 2006 - early assays include 48 meters of 1.06% Cu.
December 8 2006 - further assays including 22 meters of 4.74% Cu.
February 14 2007 - more high grade copper including 9.56 meters of 5.57% Cu including indicators of suspected buried porphyry source.
May 24 2007 - report further assays of high grade copper intercepts including 66 meters of 1.45%.
July 10 2007 - drilling extends copper mineralization.
October 30 2007 - Phase II drilling begins.
February 28 2008 - drilling provides further high grade Cu mineralization and suggests footprint of potential underlying porphyry could be larger than first thought.
(Elmer will take care of the next Phase...) And I'm told those cores did not get sampled for other metals....
Next Phase
* Completion of ground magnetic and radiometric surveys
* Surface rock geochemistry
* Stream sediment mineralogy
* Geological Mapping
* Permitting and Further Drilling
Van Dyke
http://www.bellcopper.com/s/News_Releases.asp?ReportID=393999
The Van Dyke project contains 1100 acres of patented ground and was developed in the early 1900s when a shaft was sunk to a depth of 1692 feet. The mine produced 11.8 million pounds of copper between 1929 and 1945 from azurite, malachite, chrysocolla and tenorite ores grading just over 5.0 % Cu per ton
Forty-six of these holes were used to estimate a non-NI43-101 compliant, historical resource of 112,000,000 tons at a grade of 0.52% copper.
Obviously Elmer likes them...
