Re: MTX hits massive sulphide in JBL..
in response to
by
posted on
May 22, 2008 11:30AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
They mention chalcopyrite (copper sulphide) amongst the massive sulphides so for sure there is copper. We will have to wait and see whether we they get Ni or Au in association with copper. That said 12 metres of massive sulphides on the first drill hole is a pretty good start to a drill program. It also adds more credence to our wait for E2 and what it may yield.
... Been There