Large Copper/Moly porphyry in the prolific copper belt of Chile

Chile copper porphyry belt contains highest concentration of copper in the world

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Message: Re: Tobaco
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Apr 14, 2008 10:09AM

Yes, it appears that with the new geophysics done, Tabaco is quite the target(10Km south of global copper who just got bought out).

The company didn't follow-up their hit from a 2003 drill hole that had 44m of 1.3% copper. For some reason, the continued thinking this was just a near surface, low grade porphyry and didn't drill at depth. the new 3d IP indicates what looks like a bowl shaped anomaly underneath the near surface stuff they drilled for last year.

They have another advanced moly/Cu project at Copaquire(potentially a buyout target in it's own right) and a very interesting gold project that they just did some percussion drilling on(I think we are awaiting results).

Three legit chances of success. The company had talked about spinning everything but copaquire out to another company(to make a sale of copaquire cleanly with out other properties) but they haven't done it as yet and may not do it.





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