Ten Sixty Four ( Medusa Mining )--- Goldproduzent zu Niedrigkosten !!! (Seite 67)
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ISIN: AU0000221418 · WKN: A3DMQC · Symbol: X64
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Letzter Kurs 27.02.23 Sydney
Werte aus der Branche Rohstoffe
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 0,8250 | +25,00 | |
| 0,8906 | +20,35 | |
| 5,6500 | +12,55 | |
| 0,6650 | +9,02 | |
| 1,2500 | +8,70 |
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 97,50 | -9,13 | |
| 1,0780 | -9,41 | |
| 12,460 | -16,06 | |
| 0,6600 | -24,57 | |
| 46,98 | -97,98 |
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Antwort auf Beitrag Nr.: 39.124.107 von runn64 am 12.03.10 13:49:40der kurs will "partout" nicht nachgeben - gutes zeichen bei einem etwas abbröckelnden goldpreis 
habe die verwässerung "ad acta" gelegt
habe die verwässerung "ad acta" gelegt
die verwässerungstheorie schein noch nicht zu greifen
schauen wir mal bis ende März ob und wie stark diese
zutagetritt...
schauen wir mal bis ende März ob und wie stark diese
zutagetritt...
Antwort auf Beitrag Nr.: 39.084.329 von tommy-hl am 08.03.10 14:56:27Momentan hast du recht und es findet ein 10% Verwässerung statt.
Aber wenn ich mir ansehe, wie bei anderen Explorern der Kurs mit
immer neuen PP verwässert wird,ist das hier relativ harmlos. Kommt
den shareholdern ja zugute und in ein paar Monaten ist das schon
wieder Geschichte. Auch wenn der Kurs etwas nachgibt, so wie vor kurzem, langfristig gehts hier weiter nach oben.
Gruß aaahhh
Aber wenn ich mir ansehe, wie bei anderen Explorern der Kurs mit
immer neuen PP verwässert wird,ist das hier relativ harmlos. Kommt
den shareholdern ja zugute und in ein paar Monaten ist das schon
wieder Geschichte. Auch wenn der Kurs etwas nachgibt, so wie vor kurzem, langfristig gehts hier weiter nach oben.
Gruß aaahhh
Antwort auf Beitrag Nr.: 39.084.329 von tommy-hl am 08.03.10 14:56:27sehe keine großartige verwässerung im gegenteil....
(hier könnten sich weitere käufer finden vor allem bis 15.03)
aber auch danach,fragt es sich wirklich ob der verkauf und
das "bedruckte papier" viiiiiierklich was bringt....
es zeigt einfach wie das unternehmen aufgestellt ist
zeige mir einen den den 190$/oz.(produktionskosten) toppt
und zudem solche vielversprächenden liegenschaften vorweisen kann
das alles findet statt, angesichts einer weltweiten erdbebenkette
die den kupferpreis steigen lässt...
(heute erdbeben in Türkei - anatolien)
just my opinion
(hier könnten sich weitere käufer finden vor allem bis 15.03)
aber auch danach,fragt es sich wirklich ob der verkauf und
das "bedruckte papier" viiiiiierklich was bringt....
es zeigt einfach wie das unternehmen aufgestellt ist
zeige mir einen den den 190$/oz.(produktionskosten) toppt
und zudem solche vielversprächenden liegenschaften vorweisen kann
das alles findet statt, angesichts einer weltweiten erdbebenkette
die den kupferpreis steigen lässt...
(heute erdbeben in Türkei - anatolien)
just my opinion
Antwort auf Beitrag Nr.: 39.082.087 von runn64 am 08.03.10 10:41:07Bringt aber auch eine Verwässerung von 10% mit sich ... Woll´n wir hoffen, dass sich der Aktienkurs hält ...
BONUS ISSUE OF SHARES
Medusa Mining Limited (ASX & AIM: MML: TSX: MLL) (“Medusa” or the “Company”), is pleased to announce a one for ten bonus issue of shares to all shareholders of the Company.
The Company has achieved several significant milestones in the last calendar year and the bonus issue is in recognition of the invaluable support the Company has received from its shareholders. In addition, it is envisaged that the bonus issue will encourage greater liquidity in Medusa shares.
The bonus shares will be issued for nil consideration and will be distributed on a pro rata basis of one new ordinary share for every ten ordinary shares held by existing shareholders at 7.00 pm (AEDT) on 19 March 2010, being the Record Date. The shares will be quoted on an “ex” entitlement basis from 15 March 2010 (16 March 2010 on the TSX). Where a shareholder's total entitlement includes an entitlement to a fraction of a share, that entitlement will be rounded down to the nearest whole number of shares.
BONUS ISSUE OF SHARES
Medusa Mining Limited (ASX & AIM: MML: TSX: MLL) (“Medusa” or the “Company”), is pleased to announce a one for ten bonus issue of shares to all shareholders of the Company.
The Company has achieved several significant milestones in the last calendar year and the bonus issue is in recognition of the invaluable support the Company has received from its shareholders. In addition, it is envisaged that the bonus issue will encourage greater liquidity in Medusa shares.
The bonus shares will be issued for nil consideration and will be distributed on a pro rata basis of one new ordinary share for every ten ordinary shares held by existing shareholders at 7.00 pm (AEDT) on 19 March 2010, being the Record Date. The shares will be quoted on an “ex” entitlement basis from 15 March 2010 (16 March 2010 on the TSX). Where a shareholder's total entitlement includes an entitlement to a fraction of a share, that entitlement will be rounded down to the nearest whole number of shares.
Trading Spotlight
goooooooooooooooooood news 
bonusaktien 10:1 ex tag 15.03.10
bonusaktien 10:1 ex tag 15.03.10
February 24, 2010
By Our Man in Oz - minesite
The Full Extent Of The Upside At Medusa Mining’s Co-O Mine In The Philippines Is Still Widely Unappreciated
Miners love them. Investors are never quite sure. The point of contention? - epithermal veins, those sometimes gold-rich seams of mineralised material which splay off in all directions in the geological aftermath of an ancient, and explosive, volcanic event. In places, the veins yield astonishingly rich grades of gold, but tracking them is the devil’s own job because nature rarely works in a straight line.
Understand the tricky nature of “vein mining” and you start to understand why Medusa Mining took a while to catch the eyes of all but the most skilful stockbrokers. One money man did grasp the potential of Medusa’s Co-O mine in the Philippines early on was London broker, Bob Catto. Bob’s not only been a keen follower of the triple-exchange listed Medusa (AIM, ASX and TSX), but has even had a little bit of those far-away islands named after him.
The Catto 1 and Catto 2 veins are not big compared with some of the other 33 veins identified so far at Co-O. But they do jump out to the eye of a casual observer like Minesite’s Man in Oz as a good starting point for a conversation about what exactly Medusa has got at Co-O.
So Minesite’s man duly called on Medusa’s management this week for a first-hand explanation of how the company has managed to become one of the gold sector’s top performers, with a share price that has soared from A$1.32 to around A$3.50 over the past 12 months. And Medusa’s chief executive, Geoff Davis, and executive director, Roy Daniel, duly explained, in layman’s terms, how the multi-coloured sketch of veins at Co-O works.
If that seems a somewhat off-hand way to start a conversation which eventually led to a number of eye-opening discoveries, there are two reasons. Firstly, the meeting turned into a mini old boys meeting when Davis reminded Minesite’s Man in Oz that they went to the same school, which proved that Davis had the better memory given that the old eyes last clapped eyes on each other some 40 (or more) years ago.
Secondly, the simple fact is that the standard illustration of the vein system at Co-O looks like the remains of a recently dismembered human body, or a work of modern art on the walls of the Tate Modern. For proof, compare the Medusa vein model on pages 16 and 17 of its latest investor presentation, here, with the vivid colours of the Theo van Doesburg currently on exhibit at the Tate.
For anyone who has made the link through to the vein model it quickly becomes obvious that these are structures which work best in 3D, or courtesy of a careful explanation, which Davis and Daniel happily gave. Essentially, Medusa has picked up where previous explorers have left. The others, including the Australia’s once richest man and media mogul, the late Kerry Packer, thought Co-O could be tackled with large scale mechanised mining. Wrong.
“We use small equipment, and lots of people”, said Daniel. The reason for that switch, which they credit to the man in charge of mining, Aussie mining engineer, Bill Phillips, is that Co-O’s veins are relatively narrow, they pinch and swell, and they yield their best results when tracked underground. To try and drill them out to produce a big reserve number to please a bank is near-impossible and would require drilling of pin-cushion density. In other words, a waste of time and money.
What the Medusa team has done is create a business which has made a successful start on mining, with the investor-pleasing sound of the corporate cash register going kerching! Now the game is to expand mining, to step-up exploration, and to expand a business which will become much bigger in scale that the most recently reported mining rate of annualised rate of 84,000 ounces per year would suggest. “We’re on target for an annualised 100,000 ounces from this quarter”, Daniel said, “and then we’re heading for 130,000 to 140,000 ounces”.
In fact, it could get much bigger than that as Medusa marries the geological knowledge gained from a 12 rig drilling program with its accumulated underground mining knowledge, and a “discovery footprint” which is expanding in all directions, courtesy of nature’s once spectacular volcanic event which has spread gold-rich veins in all directions and made Medusa’s part of the Philippines one of the most richly mineralised in the world.
Geology, and plans for new mills and mines, aside, there is something even more fascinating about Medusa. It is what’s caught the eyes of people like Bob Catto, namely the money side of things. Not only is Co-O heading quickly towards its first target of 100,000 ounces of gold production a year, it is doing it at a phenomenally low cost.
In the December quarter, the cash cost per ounce was US$184 as against a price received of US$1,111, a margin of US$927 per ounce. The key to that result is grade. The head grade, otherwise known as what came out of the ground, in the latest quarter was 18.68 grams a tonne, more than half an ounce of gold per tonne.
Educational as Minesite’s visit to Medusa’s office in suburban Perth was, further rootling around yielded another “discovery” which eclipsed any historic numbers, and an observation which one old boy feels justified in passing on. This discovery was a document Medusa filed with its three stock exchanges on January 18th titled “Co-O re-interpretation & conceptual target size”. This is a remarkable work, for two reasons. It provides a geological insight into just how big Co-O might become, and it sank without trace.
Geologically, and using a few reasonable assumptions, the veins at Co-O, as currently known, are estimated to contain between three and seven million ounces of gold. Stretch the assumptions, such as mining to a notional depth of 1,000 metres and widening the average width of the combined veins from five metres to 10 metres and a true gee-whiz number of 16.25 million ounces is produced.
The various assumptions are on page four of the January 18th document, but, somewhat curiously, not in the booklet Medusa has produced for its next round of presentations, including at the BMO metals conference which starts in Florida on Friday. That document only drills down to a conceptual gold target to 750 metres, a depth which produces 6.6 million ounces at a combined vein width of five metres, 9.45 million ounces with veins totalling eight metres and 10.33 million ounces with veins totalling 10 metres.
Sliced whichever way, and you have a conceptual target way beyond the official JORC-code complaint resource of 580,000 ounces and an inferred 660,000 ounces. The massive gap is all about veins and how hard they are to trace, measure and model. But the gap between what was reported to the stock exchange on January 18the and what Davis has included in his conference booklet is all about being conservative.
No-one can blame Davis for that trait. In a geologist it is essential. But, in a managing director it needs to be loosened just a little, with the company crying out more for flair in its marketing to investors and the media – gratuitous advice that Minesite’s Old Boy in Oz feels he can pass on without fear, especially as this Davis was a year below at school, and always will be.
By Our Man in Oz - minesite
The Full Extent Of The Upside At Medusa Mining’s Co-O Mine In The Philippines Is Still Widely Unappreciated
Miners love them. Investors are never quite sure. The point of contention? - epithermal veins, those sometimes gold-rich seams of mineralised material which splay off in all directions in the geological aftermath of an ancient, and explosive, volcanic event. In places, the veins yield astonishingly rich grades of gold, but tracking them is the devil’s own job because nature rarely works in a straight line.
Understand the tricky nature of “vein mining” and you start to understand why Medusa Mining took a while to catch the eyes of all but the most skilful stockbrokers. One money man did grasp the potential of Medusa’s Co-O mine in the Philippines early on was London broker, Bob Catto. Bob’s not only been a keen follower of the triple-exchange listed Medusa (AIM, ASX and TSX), but has even had a little bit of those far-away islands named after him.
The Catto 1 and Catto 2 veins are not big compared with some of the other 33 veins identified so far at Co-O. But they do jump out to the eye of a casual observer like Minesite’s Man in Oz as a good starting point for a conversation about what exactly Medusa has got at Co-O.
So Minesite’s man duly called on Medusa’s management this week for a first-hand explanation of how the company has managed to become one of the gold sector’s top performers, with a share price that has soared from A$1.32 to around A$3.50 over the past 12 months. And Medusa’s chief executive, Geoff Davis, and executive director, Roy Daniel, duly explained, in layman’s terms, how the multi-coloured sketch of veins at Co-O works.
If that seems a somewhat off-hand way to start a conversation which eventually led to a number of eye-opening discoveries, there are two reasons. Firstly, the meeting turned into a mini old boys meeting when Davis reminded Minesite’s Man in Oz that they went to the same school, which proved that Davis had the better memory given that the old eyes last clapped eyes on each other some 40 (or more) years ago.
Secondly, the simple fact is that the standard illustration of the vein system at Co-O looks like the remains of a recently dismembered human body, or a work of modern art on the walls of the Tate Modern. For proof, compare the Medusa vein model on pages 16 and 17 of its latest investor presentation, here, with the vivid colours of the Theo van Doesburg currently on exhibit at the Tate.
For anyone who has made the link through to the vein model it quickly becomes obvious that these are structures which work best in 3D, or courtesy of a careful explanation, which Davis and Daniel happily gave. Essentially, Medusa has picked up where previous explorers have left. The others, including the Australia’s once richest man and media mogul, the late Kerry Packer, thought Co-O could be tackled with large scale mechanised mining. Wrong.
“We use small equipment, and lots of people”, said Daniel. The reason for that switch, which they credit to the man in charge of mining, Aussie mining engineer, Bill Phillips, is that Co-O’s veins are relatively narrow, they pinch and swell, and they yield their best results when tracked underground. To try and drill them out to produce a big reserve number to please a bank is near-impossible and would require drilling of pin-cushion density. In other words, a waste of time and money.
What the Medusa team has done is create a business which has made a successful start on mining, with the investor-pleasing sound of the corporate cash register going kerching! Now the game is to expand mining, to step-up exploration, and to expand a business which will become much bigger in scale that the most recently reported mining rate of annualised rate of 84,000 ounces per year would suggest. “We’re on target for an annualised 100,000 ounces from this quarter”, Daniel said, “and then we’re heading for 130,000 to 140,000 ounces”.
In fact, it could get much bigger than that as Medusa marries the geological knowledge gained from a 12 rig drilling program with its accumulated underground mining knowledge, and a “discovery footprint” which is expanding in all directions, courtesy of nature’s once spectacular volcanic event which has spread gold-rich veins in all directions and made Medusa’s part of the Philippines one of the most richly mineralised in the world.
Geology, and plans for new mills and mines, aside, there is something even more fascinating about Medusa. It is what’s caught the eyes of people like Bob Catto, namely the money side of things. Not only is Co-O heading quickly towards its first target of 100,000 ounces of gold production a year, it is doing it at a phenomenally low cost.
In the December quarter, the cash cost per ounce was US$184 as against a price received of US$1,111, a margin of US$927 per ounce. The key to that result is grade. The head grade, otherwise known as what came out of the ground, in the latest quarter was 18.68 grams a tonne, more than half an ounce of gold per tonne.
Educational as Minesite’s visit to Medusa’s office in suburban Perth was, further rootling around yielded another “discovery” which eclipsed any historic numbers, and an observation which one old boy feels justified in passing on. This discovery was a document Medusa filed with its three stock exchanges on January 18th titled “Co-O re-interpretation & conceptual target size”. This is a remarkable work, for two reasons. It provides a geological insight into just how big Co-O might become, and it sank without trace.
Geologically, and using a few reasonable assumptions, the veins at Co-O, as currently known, are estimated to contain between three and seven million ounces of gold. Stretch the assumptions, such as mining to a notional depth of 1,000 metres and widening the average width of the combined veins from five metres to 10 metres and a true gee-whiz number of 16.25 million ounces is produced.
The various assumptions are on page four of the January 18th document, but, somewhat curiously, not in the booklet Medusa has produced for its next round of presentations, including at the BMO metals conference which starts in Florida on Friday. That document only drills down to a conceptual gold target to 750 metres, a depth which produces 6.6 million ounces at a combined vein width of five metres, 9.45 million ounces with veins totalling eight metres and 10.33 million ounces with veins totalling 10 metres.
Sliced whichever way, and you have a conceptual target way beyond the official JORC-code complaint resource of 580,000 ounces and an inferred 660,000 ounces. The massive gap is all about veins and how hard they are to trace, measure and model. But the gap between what was reported to the stock exchange on January 18the and what Davis has included in his conference booklet is all about being conservative.
No-one can blame Davis for that trait. In a geologist it is essential. But, in a managing director it needs to be loosened just a little, with the company crying out more for flair in its marketing to investors and the media – gratuitous advice that Minesite’s Old Boy in Oz feels he can pass on without fear, especially as this Davis was a year below at school, and always will be.
Feb 14, 2010
Medusa Mining Limited: Appointment of Director
The Directors of Medusa Mining Limited are pleased to announce the appointment of Mr Andrew Boon San Teo as a Non-Executive Director of the Company.
Mr Teo is an accountant with 33 years of extensive and diversified experience in accounting, treasury, corporate, legal and business administration across several industries. He is currently the CFO/Executive Director of BGC (Australia) Pty Ltd, one of Australia's largest privately owned companies, with annual turnover in excess of $2 billion and 7,000 plus staff (including sub-contractors).
Mr Teo will also assume the Chairman's role of the Audit Committee and serve as a member of the Remuneration Committee.
In further developments, the Board of Medusa is currently in discussions with several candidates for the role of Non-Executive Chairman and Mr Hepburn-Brown has agreed to act as Non-Executive Chairman in the interim.
Geoffrey Davis, Managing Director of Medusa, commented:
"The Company is committed to ensuring the highest standards of corporate governance and we are positive that the appointment of Andrew with his business acumen and proven financial track record across several industries will complement those of my fellow board members.
The Company is currently in an exciting growth phase and we look forward to Andrew's valuable contribution as the Company embarks towards further expansion and growth."
ABOUT MEDUSA MINING LIMITED
Medusa Mining Limited ("Medusa" or the "Company"), a public company listed on the ASX, AIM and the TSX, is an Australian based gold producer, focussed solely on the Philippines.
With current mineral resources comprising Indicated 580,000 ounces of gold and Inferred 1,310,000 ounces of gold, Medusa's corporate strategy is to become a mid tier 300,000 to 400,000 ounce per year, low cost gold producer.
The Company is currently expanding its high grade Co-O Mine operations (Indicated Resources 580,000 ounces of gold inclusive of a Probable Reserve of 500,000 ounces of gold, and Inferred Resources 660,000 ounces of gold) to increase its forecast production to 100,000 ounces per year in 2010, and is conducting near mine exploration to assess the possibilities of further expansion to 200,000 ounces per year. Current cash costs at the Co-O Mine are approximately US$190 per ounce.
A pipe-line of deposits is now being established with the Bananghilig Deposit (Inferred Resource of 650,000 ounces of gold) recently added and which is expected to expand, potentially in conjunction with nearby discoveries.
Further potential upside exists in the discovery of substantial copper deposits within the tenement holding of > 800km2.
Medusa Mining Limited: Appointment of Director
The Directors of Medusa Mining Limited are pleased to announce the appointment of Mr Andrew Boon San Teo as a Non-Executive Director of the Company.
Mr Teo is an accountant with 33 years of extensive and diversified experience in accounting, treasury, corporate, legal and business administration across several industries. He is currently the CFO/Executive Director of BGC (Australia) Pty Ltd, one of Australia's largest privately owned companies, with annual turnover in excess of $2 billion and 7,000 plus staff (including sub-contractors).
Mr Teo will also assume the Chairman's role of the Audit Committee and serve as a member of the Remuneration Committee.
In further developments, the Board of Medusa is currently in discussions with several candidates for the role of Non-Executive Chairman and Mr Hepburn-Brown has agreed to act as Non-Executive Chairman in the interim.
Geoffrey Davis, Managing Director of Medusa, commented:
"The Company is committed to ensuring the highest standards of corporate governance and we are positive that the appointment of Andrew with his business acumen and proven financial track record across several industries will complement those of my fellow board members.
The Company is currently in an exciting growth phase and we look forward to Andrew's valuable contribution as the Company embarks towards further expansion and growth."
ABOUT MEDUSA MINING LIMITED
Medusa Mining Limited ("Medusa" or the "Company"), a public company listed on the ASX, AIM and the TSX, is an Australian based gold producer, focussed solely on the Philippines.
With current mineral resources comprising Indicated 580,000 ounces of gold and Inferred 1,310,000 ounces of gold, Medusa's corporate strategy is to become a mid tier 300,000 to 400,000 ounce per year, low cost gold producer.
The Company is currently expanding its high grade Co-O Mine operations (Indicated Resources 580,000 ounces of gold inclusive of a Probable Reserve of 500,000 ounces of gold, and Inferred Resources 660,000 ounces of gold) to increase its forecast production to 100,000 ounces per year in 2010, and is conducting near mine exploration to assess the possibilities of further expansion to 200,000 ounces per year. Current cash costs at the Co-O Mine are approximately US$190 per ounce.
A pipe-line of deposits is now being established with the Bananghilig Deposit (Inferred Resource of 650,000 ounces of gold) recently added and which is expected to expand, potentially in conjunction with nearby discoveries.
Further potential upside exists in the discovery of substantial copper deposits within the tenement holding of > 800km2.
ANNOUNCEMENT
25 January 2010
NOTICE OF NO CORPORATE ASSOCIATIONS
It has come to Medusa Mining Limited’s (“Medusa” or the “Company”) attention that there have been articles in the media creating the impression of a connection between Medusa and other listed companies within the gold sector.
We wish to advise that the Company has NO corporate association, affiliation nor involvement with any such entity, and any contrary impression is entirely false.
ABOUT MEDUSA MINING LIMITED
Medusa Mining Limited (“Medusa” or the “Company”), a public company listed on the ASX, AIM and the TSX, is an Australian based gold producer, focussed solely on the Philippines.
With current mineral resources comprising Indicated 580,000 ounces of gold and Inferred 1,310,000 ounces of gold, Medusa’s corporate strategy is to become a mid tier 300,000 to 400,000 ounce per year, low cost gold producer.
The Company is currently expanding its high grade Co-O Mine operations (Indicated Resources 580,000 ounces of gold inclusive of a Probable Reserve of 500,000 ounces of gold, and Inferred Resources 660,000 ounces of gold) to increase its forecast production to 100,000 ounces per year in 2010, and is conducting near mine exploration to assess the possibilities of further expansion to 200,000 ounces per year. Current cash costs at the Co-O Mine are approximately US$200 per ounce.
A pipe-line of deposits is now being established with the Bananghilig Deposit (Inferred Resource of 650,000 ounces of gold) recently added and which is expected to expand, potentially in conjunction with nearby discoveries.
Further potential upside exists in the discovery of substantial copper deposits within the tenement holding of > 800km2.
25 January 2010
NOTICE OF NO CORPORATE ASSOCIATIONS
It has come to Medusa Mining Limited’s (“Medusa” or the “Company”) attention that there have been articles in the media creating the impression of a connection between Medusa and other listed companies within the gold sector.
We wish to advise that the Company has NO corporate association, affiliation nor involvement with any such entity, and any contrary impression is entirely false.
ABOUT MEDUSA MINING LIMITED
Medusa Mining Limited (“Medusa” or the “Company”), a public company listed on the ASX, AIM and the TSX, is an Australian based gold producer, focussed solely on the Philippines.
With current mineral resources comprising Indicated 580,000 ounces of gold and Inferred 1,310,000 ounces of gold, Medusa’s corporate strategy is to become a mid tier 300,000 to 400,000 ounce per year, low cost gold producer.
The Company is currently expanding its high grade Co-O Mine operations (Indicated Resources 580,000 ounces of gold inclusive of a Probable Reserve of 500,000 ounces of gold, and Inferred Resources 660,000 ounces of gold) to increase its forecast production to 100,000 ounces per year in 2010, and is conducting near mine exploration to assess the possibilities of further expansion to 200,000 ounces per year. Current cash costs at the Co-O Mine are approximately US$200 per ounce.
A pipe-line of deposits is now being established with the Bananghilig Deposit (Inferred Resource of 650,000 ounces of gold) recently added and which is expected to expand, potentially in conjunction with nearby discoveries.
Further potential upside exists in the discovery of substantial copper deposits within the tenement holding of > 800km2.
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