CuDeco Limited
(ASX:CDU) has announced an upgrade at Wilgar, one of the several major prospects located within the Rocklands Group Mining Lease.
The mineral explorer says high grade gold and silver mineralisation continues to be intercepted at Wilgar and the footprint of the mineralised zone identified to date is expanding.
Due to the variability of results CuDeco says close-spaced diamond drilling is required to enable resource estimation to a degree of confidence.
In the first half of the 2012 financial year, CuDeco swung to a profit of $1.1 million.
