Rio Tinto (ASX:RIO) emerges from the gloom
Rio Tinto’s copper production increased by over 3% in Q4 2023.
Rio Tinto’s copper production increased by over 3% in Q4 2023.
Nimy will start drilling a massive sulphide discovery next week.
Drilling continues to build up a new high-grade feed source with eyes on turning a producing copper mine into a cornerstone asset.
Sitting within a 2.1 kilometre stretch of open mineralisation, the Illirie North Prospect has returned high-grade assays over a quarter copper.
Two holes start at surface, end in thick, higher-grade mineralisation, and confirm the high-grade zones Alma was looking for at Briggs.
With new technology and room to grow, EM2 see greater opportunity for a much larger mining operations than first contemplated.
A top end strike is notably associated with an intensely strong downhole electromagnetic conductor remaining untested at depth.