Wide diameter Metallurgical PQ Diamond Core Hole (85mm), designed to retrieve samples for grade modeling and metallurgical test work of the Las Minerale bonanza copper zones, intersected significant widths of high grade copper minerals including massive native copper in numerous zones from 20m-109m, and massive chalcocite in numerous zones from 20m-113m. The hole ended in primary mineralisation at 130.2m. Visible gold was also identified.

The result of all this hard work will be a unique copper project at Rocklands, with bonanza-grade supergene enriched native copper zones and a traditional primary copper zone, which internal studies indicate will result in an extremely robust operation. Further,Diamond core drill rig on 24 hour shift—deep drilling under Las Minerale due to Copper mineralisation commencing at or near surface, initial indications point to very low strip ratios, enhanced even further due to the existence of parallel offset zones of Cu/Co/Au mineralisation to the north and south of Las Minerale. Each of these offset zones, known as the Northern and Southern Siltstone Units, will essentially be accessed for free as part of the normal strip-back and waste removal process already required to access the main Las Minerale mineralisation.

Read report: http://www.cudeco.com.au/pdf/CDUQuarterlyDecember2009.pdf