Detective work pays Off for prominent South Australian explorer

摘要

Since announcing the first copper-gold intersection from what was then its Mt Woods' Uranus prospect in central South Australia back in November 2001, the SA-based Minotaur has been instrumental in turning a single (albeit impressive) hole in the ground into an inferred resource of 97 million tonnes at 1.5 percent copper and 0.5 grams/tonne gold. Dr Belperio and his team inadvertently found themselves key figures in the rejuvenation of the domestic resources sector when the junior exploration house initially told the market it had come across (a since confirmed) Olympic Dam-style hydrothermal hematite-dominated iron oxide system within its 4,000 square kilometre SA holdings. News that the company had returned an intersect of 107m at 1.94 percent copper and 0.66 g/t gold not only sent Minotaur's share price quickly north, but it also marked the return of mineral stocks as forces to be reckoned with on the market.