LC - REG, I'm in....
...read through the two most important PRs in depth and get what you're saying about the blue sky being the discovery of the porphyry centre. Bought some this morning and have more orders in as we speak.
Is it your understanding that the current 43-101 based on only 18,000m of drilling by Southern Legacy is all based on the younger (i.e. a more-recent hydrothermal event) high sulphidation mineralization? I haven't read the 43-101.
Explicitly AK-17-001 intercepted the younger mineralization which was discussed in the mid-August PR.
If CMC is mining the younger mineralization then it looks like the blue sky that REG management sees here is discovery of the porphyry centre and that is what you are alluding to below:
" low sulphidation with mineral aresenic.....order of magnitude larger".
Perhaps since the high-sulphidation younger mineralization has been economic no one has bothered exploring for the older porphyry intrusive centre?
This is from the PR where REG announced their 2017 drill program a few months ago:
Copper-gold sulfide mineralization at AntaKori occurs within skarn and breccias within Cretaceous sedimentary rocks and also as younger epithermal high-sulphidation mineralization in overlying Miocene volcanic rocks that host the adjacent Tantahuatay heap-leach gold mine to the south. The younger high-sulphidation mineralization locally
overprints the earlier skarn mineralization, particularly along the southern extent of the AntaKori system. The skarn and breccia hosted mineralization is likely related to a porphyry copper-gold intrusive center, that is yet to be intersected by drilling, although there are fragments of well-mineralized porphyry locally within some of the
breccias.
AI
