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- 1 February 2006
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Ann out - resource upgrade - market does not seem to have reacted much - at 10.30 up 2c, CQT 0.790 0.800 0.800 +0.020 0.800 0.810 0.790 373,777
17 September 2007 Resource Upgrade at Mt Carlton
HIGHLIGHTS
- Consultants Hellman & Schofield estimate Silver Hill Deposit Combined Indicated and Inferred Resources to be 16 million tonnes at 1.85 g/t gold, 58 g/t silver, and 0.33% copper based on a metal value cut-off of $20/tonne.
- Total Mt Carlton Resources now estimated to be 17.8 million tonnes at 1.79 g/t gold, 58.7 g/t silver, and 0.31% copper for contained 1 million ounces gold, 33 million ounces silver and 55,000 tonnes copper.
- Milestone of 2 million oz gold equivalent resource now passed.
- Significant resource increase in silver of 60% and gold 20%.
- Regional Joint Venture partner Gold Fields commenced exploration work with Pole-Dipole IP geophysical survey, and geological mapping and soil sampling programs.
How deep where these results?
and how thick were the veins?
I remember this company sitting on some massive potential copper resource. Can someone comment on the copper resource potential CQT has? thanks