Each one in plain English, with the numbers worked through for a shareholder.
23 May 2011drilling scheduled▲ Good
First gravity survey found large anomalies (2-4 mgal) along a 12km-long structural zone on Yorke Peninsula, offset from magnetic anomalies, which Core says suggests iron-oxide copper-gold style systems. Infill gravity over 50km2 follows; drilling still planned for mid-June.
13 Apr 2011drilling scheduled▲ Good
3D modelling of Yorke Peninsula magnetic data identified definite drill targets resembling Rex Minerals' Hillside (170Mt at 0.7% copper). Access talks with farmers precede gravity and soil surveys; drilling of priority targets is planned for mid-June, slightly later than the earlier May-June plan.
10 Mar 2011drilling scheduled▲ GoodMajor
The Yorke Peninsula survey identified high-priority copper-gold targets in a setting Core says is like Rex Minerals' Hillside (170Mt at 0.7% copper). Soil and gravity surveys come first; drilling is planned for May-June 2011.
