AUSTRALIA STORIES

Banking on high Monty value

It is only one drill hole but the all-important geological signs are promising that the joint venture of Sandfire Resources and junior partner Talisman Mining are onto something significant at the Monty discovery near Sandfire’s DeGrussa high grade copper-gold operation in Western Australia.

UBS’s analysts laid out the case for the affirmative this week in a note to clients following the 16.5m hit grading 18.9% copper and 2.1gpt gold made last month. They noted the broadly similar high tenor...

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