CALDERA RESOURCES - CDR.T Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CALDERA RESOURCES - CDR.T

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: geoffb_si who started this subject	11/14/2001 8:54:25 PM
From: geoffb_si	of 16

Minotaur (MNR ASX) just announced (Nov. 14th) a major find on their Mt. Woods JV in Australia (BHP 51%, MNR 19%): 100M of 2% copper + gold credits. This was an Olympic Dam-style target, located 200 km Northwest of Olympic Dam. Minotaur went up 10 times in share price in the past few days (A$.17 -> A$1.70), based on their 19% interest. minotaurresources.com.au This has intriguing implications for Caldera Resources (CDR-T), as follows: When I first saw Caldera's press release about a JV with Inco on the Mt. Carulina Olympic Dam style project, I was concerned that this target was ~350 km Northwest of Olympic Dam. It was encouraging that the Mt. Carulina prospect was in the same structural corridor (O'Driscoll G2 Corridor), but it still seemed to be too far away from Olympic Dam to be prospective. The recent Minotaur/BHP discovery hole (100M of 2% copper + gold) gives me hope that this G2 Corridor is prospective for hundreds of kilometers. The Minotaur/BHP discovery is ~200 km Northwest of Olympic Dam and the CDR/Inco target is ~150 km Northwest of the Minotaur/BHP discovery. Here is a view of the Corridor from Caldera's press release: calderares.com Now I'm intrigued, and I'm looking forward to the drill program at Mt. Carulina that will occur within the next 12 months. I hope that as Inco/CDR approach drilling at Mt. Carulina, they will release some of the geophysical characteristics of Mt. Carulina that give it a similar geophysical signature as Olympic Dam. In addition to the Mt. Carulina Olympic Dam style target, Caldera has 6 diamond exploration projects in Australia. On one of these, the Yilgarn JV with SUF, Caldera just announced a kimberlite discovery. Do your own DD... Geoff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next