Gold prices jump to 2-1/2 month highs Posted on August 21, 2012 by (Reuters) News
21-Aug (Reuters) — Gold prices hit their highest since June 6 on Tuesday as the dollar slid to a six-week low against a currency basket and stock markets rallied, while platinum hit 3-1/2 month highs -
A breach of chart resistance for gold at $1,630 an ounce, which has held it in check since early June, sparked further technically driven buying, dealers said, fuelling momentum.
NyBob, perhaps I should have been more specific on my NAMA request. I was trying to understand what the results below mean relative to a resource tonnage of copper thus far indicated in the exploration drilling results. I do like the fact that the resource appears to run to surface so that underground mining may not have to be considered. Thanks again.
estimated weighted average copper grade of samples of 0.52%; an estimated mineralised thickness of 10 to 27 metres; the mineralisation extends from surface to a depth of at least 580 metres; a strike length of at least 1,300 metres and a dip extent of 900 metres; and this mineralised zone remains open at depth and to the west.
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