Ann: Copper Antimony Float Testwork Update, page-2

Bought in today. That float con is looking pretty good. If they can make a high grade con from Bulla Park simply that has high recovery of the copper and most importantly antimony then this is well undervalued at $2m mcap. Hoping to pick up a few more at these prices.



Biggest challenge with low grade Copper ores is it is that much harder to make a saleable copper concentrate (15%+) from something starting at 0.35% compared to 1% - three times harder in fact from a grade increase perspective. First round drilling at Bulla Park hit 66 m @ 0.34% Cu plus 0.13% Sb so if they can make this work metallurgically then it's looking spicy.