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TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential

Member Info for kieffy

Send a private message to kieffy

Member Since: Tue, 28th Apr 2009

Number of Share Chat Posts (all time): 132
Number of Share Chat Posts (last 30 days): 8

Last Posted: Fri 13:48

Post Distribution over the last 30 days

Fri 13:48

Interesting 6 months SP up to 2.5p then a slide back to below 2pm, Newcrest buy into Havieron and still it slides,

Greatland know moving on 3 fronts and it still slides.

Prime example of shaking out the weak.

And buy more enjoy the ride not long to wait know??
6 Jun '19

Sight of the core samples should know be in view for the crew to make s valuation of what comes next.
2 Jun '19

Yes 24 /7 would be the norm on these sites down to costs.

I am in here for the long haul, I think over the coming weeks watch the SP the ground grew will have some insight, read into that what you want.:)
2 Jun '19

Diamond Core Drilling

Diamond coring is another method of drilling which requires a lot of skill. Although less equipment is needed compared to RC drilling, it can command a very high cost per meter rate, much higher than Reverse Circulation drilling. The reason for this is because it is slow with high costs such as core bits, drilling additives, fuel and labour. On a good 12 hour shift maybe 30m can be drilled while during the same time 150m can be achieved using RC.

Coring is a very old drilling method and the drilling parameters are much different to those used in RC and conventional drilling. A high rpm, typically 300 to 1200 rpm, is required. Weight on the bit and rate of penetration need to be constant to ensure the core is not washed away. In hard rock formations not enough weight risks polishing the bit, while too much weight can cause the bit to burn. This method therefore requires skill and knowledge of which type of bit to use.

The two types of coring are:

Reverse Circulation (RC) Drilling

Reverse Circulation drilling is probably the most common means of exploration drilling and is very popular in South America and Australia.

Requiring more equipment and greater drilling skills, RC works out more expensive per meter to drill compared to conventional drilling.

A dual wall drill pipe is used where air is injected between the two tubes by means of a “side inlet swivel”. The air exits the drill string just behind the bit whether it is a hammer or tricone. The air and cuttings are forced across the face of the bit and back up inside of the “inner tube” where they travel back to the surface out the top of the rotary head via a deflector elbow and along a discharge hose to the cyclone. Back at the face of the bit the air is prevented from rising up the annulus by means of a collar or shroud that in diameter is 1/8” smaller than the bit.

RC hammers are the most popular means of drilling although tri-cones are used in softer material or when the hammer “waters out” and will no longer function due to increased head of water entering the hole.
29 May '19

Core samples will have know have been looked at.

Interesting archives of Newcrest exploration of this area, and how quickly they came forward with interest to buy in to Greatland gold.

Newcrest recruitment on the increase in Telfer.
24 May '19

Are visually good the market will get to know.
24 May '19

Will be dictated by the visual core samples coming out.
22 May '19

Havieron visual within 2 weeks
26 Apr '19

Havieron was going to be started in April until Newcrest moved in so for me DDH1 should have moved on to the next drili target.
22 Apr '19

Newcrest will be the manager of the exploration program during the farm-in period and while it maintains a majority interest. There is a minimum commitment of US$5m over an initial 12 month period
15 Apr '19

6 years would mean a mine and 70% of Havieron , well that's my take on it. :)
26 Mar '19

What crap you spout.
26 Mar '19

I don’t have problems with anyone on here and I actually think it’s a great board! I just don’t like clowns!!
16 Mar '19

Going through Newcrest Telfer pdf file's, what stands out is the Havieron looks very much like Telfer with a limited amount of Havieron holes drilled the assay result lean towards a bigger find, they have a wide range of drilling results from the Paterson region looks to me Newmont have missed out here.
15 Mar '19


Newcrest pounces on Greatland’s Paterson Range gold fin

? 15th March 2019

Newcrest Mining has pounced on one of the most exciting mineral discoveries in Australia in recent years, striking a deal that will see it pump $US65 million ($92m) into the Haveiron copper-gold project in Western Australia’s Paterson Range (reports The Australian).
12 Mar '19

Newcrest will drill next month the first sign's on the core samples are anything that have come out so far will trigger the next big movement.

Expect this to drift to about 4,5p in the coming 2 months.

Solg time line very similar.imo
2 Mar '19

The stock market is a device for transferring money from the impatient to the patient.

Someone’s sitting in the shade today because someone planted a tree a long time ago.
24 Feb '19


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