Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
HAVERION "BRIDGING ZONE"
200m
North of Havieron [NW]
Open
Hole 23 [23g/t gold]
Ref: Gervaise Heddle mentioned the above in his two interviews on Proactive Investors & Share Talk today.
-----
Checked:
Hole 23 sits on the PURPLE line that starts to go NORTH [From the drill map shown by Newcrest in their tweet relating to their Qtr Report dated today.
-------
North is to the Artemis border as mentioned by D.Lenigas - see below.
------
So, what is the NORTH or NW Havieron results going to show?
The answer is from the technical data map provided by GGP.
Interesting. This 200m bridging zone per Gervaise Heddle will add to the 450m already drilled by Newcrest. This will be the CRITICAL zone which if Hole 23 is replicated ie 23 g/t said by Mr Heddle, then that could mean the 200m zone is ...?
Wed, 30 Jan 2020
David Lenigas has just tweeted in reply to a comment:
"No need UNTIL Newcrest drill UP TO the ARV BOUNDARY. imho. That was always the play. Let*s see. The new board may drill early." - 1.13pm, Thur 30 Jan 2020
https://twitter.com/DavidLenigas/status/1222829376366592
--------
My Comment:
So, Gervaise Heddle via 2 interviews today + Newcrest*s Qtr Report has DISCLOSED everything about Havieron.
So, it is in the public domain. Hence, Lenigas*s comment above - NORTH of Havieron is Artemis*s licence [ARV].
Thur, 30.1.2020
I have just clicked the announcement from Newcrest*s tweet of last night with the drilling results from Havieron [Link in my last post].
Gervaise Heddle, CEO of Greatland Gold [JV partner of Newcrest] said in his Proactive Interview of today that Hole 23 has 23g/t gold and mentioned NORTH WEST.
I have just looked up Newcrest*s said announcement for the drilling map and HOLE 23 IS NORTH OF HAVIERON [David Lenigas mentioned North which is to Artemis*s licence at Armada].
Wow!
https://twitter.com/ruth_proactive/status/1222828499855204353 [Gervaise Heddle interview with Proactive Investors of today, Thur 30 Jan 2020].
---
So, on 27 Jan 2020, the roomers were correct - history now.
So, the NORTH is the place next to watch [North of Haverion where Hole 23 is situ]
News,
Thur, 30 Jan 2020
DYOR. Pl check.
Re: My last post: I did hear correctly.
David Lenigas, Former Chairman of Artemis has just tweeted:
"And Newcrest says its OPEN to the NORTH. Happy days for Artemis _/ _/ [tick tick tick tick]."
32 mins ago, Thur, 30 Jan 2020
https://twitter.com/DavidLenigas/status/122239997168062466
---
Gervaise Heddle, CEO of Greatland Gold [JV Partner - Newcrest] has just given an interview with Share Talk today, Thur, 30 Jan 2020.
https://twitter.com/HTrader64/status/122282635617157954
----
Hard to hear certain words but this is what Mr Heddle said: ".. 200 METRES to the NORTH bridging zone [bridging zone?] , figure out true EXTENT of the system - OPEN."
In another interview with Proactive Investors, Mr Heddle also mentions NORTH WEST - Havieron. Newcrest also mentioned North West, Havieron - OPEN.
If I understood correctly, then there is still 200m to come to the North of Havieron to test or North West. So, does this mean potentially over 450 METRES per last night*s Newcrest report + 200m to come to the North? North of Havieron is Artemis*s Armada licence. Aaandi, a poster said that there is a 200m zone between Havieron and Artemis*s Armada.
Interesting.
------
On 27 Jan 2020 [prior to Newcrest*s Qtr Report on 29 Jan 2020 UK time], it was posted on Twitter:
"A rumour floating around is that there is a 2ND HIGH MINERALISED zone on one of the step-outs..." https://twitter.com/PennyStockPuntz/status/1222259348933677057
--This is now history so can post. Gervaise Heddle in his Proactive Interview of today mentioned NW, Hole 23 [?] and one can see that the results were described as: "Grades like this are rare."
https://twitter.com/NewcrestMining/status/1222637764417425410 dated 29 Jan 2020.
--------
All history now.
Thur, 30 Jan 2020
News
DYOR. Pls check.
The potential resource at Havieron [Newcrest farm in with GGP] has now to be re-worked.
The reason is that Newcrest has furnished the dimensions per their Qtr Report last night, Wed 29 Jan 2020 as "over 450m s t r i k e, up to 150m wide and in excess of 600m vertical extent."
-----
Unfortunately, the 1,200m was not correct as measured by external data ie sat.
Newcrest report:
https://twitter.com/NewcrestMining/status/1222637764417425410
dated 30 Jan 2020 in Australia relating to Havieron [GGP/Newcrest farm-in]
Quote:
"Continuity of mineralisation OVER 450 m of s t r i k e, up to 150 m wide and in excess of 600m vertical extent. A zone of higher grade mineralisation has been defined within the broader mineralised envelope."
"Mineralisation remains OPEN to the NORTH WEST and at DEPTH."
-----
My Comment:
The historical magnetic and anomaly map produced by GGP did appear to show that the North West was the area of the former. That has turned out correct and confirmed by Ed Mead [Scott] that Newcrest was approaching their boundary [Artemis Armada]. Ed Mead is the CEO of Artemis. In news, 12 hrs ago, Alastair Clayton has been appointed to be director of Artemis. Clayton is the CEO of Primorous Investments. With Clayton*s role, Artemis is looking to seek a dual-listing in the UK. Not surprised given Newcrest stating about the North West. North of Havieron is the boundary to Artemis*s Armada.
Wed 29 Jan 2020
News
Now that results are out from Newcrest, it was a nice surprise. Drill results were to the upside.
On the other forum, Pr0t0n has posted at 22:37, 29.1.20 :"Drilling has partially defined the EXTENTS of mineralisation which are observed OVER 400m STRIKE within a arcuate shaped mineralised zone and to depths of up to 1,100m RL." [From the said Newcrest report I assume?]
As said prior to the release of the Newcrest report, the EXTENT is of import.
News
Wed 29 Jan 2020 at 11:15pm
In a few hours, Newcrest will issue their Qtr Report on Wed, 29 Jan 2020 in the UK which will be 30 Jan 2020 in Australia.
What am I expecting?
Relating to Newcrest*s farm-in to Havieron, Paterson, Western Australia, one would expect to see further drilling results like the last time?
Not expecting anything spectacular. Why? After 17 drills or so, the rest of the drill results will follow.
The case-in-point is to determine the EXTENT. From GGP, they said that the magnetic anomaly of Havieron is 1,000m x 1,000m. From Artemis*s CEO, Ed Mead, he said that Newcrest are drilling close to their boundary at Havieron.
Numis has done a short report and they used 2g/t as a metric for the overall grade of the Havieron project. Sprotts has done a model and this is also dependent on the area size [based on 80m initially]. Numis used 300m x 200m x 800m [depth] @ 2g/t per their Aug 2019 report.
So, it is standard that the o v e r a l l size of the extent of mineralisation is of import . When all the holes are inputted, one can then see if the overall grade of 2g/t holds per Numis report.
This is common in all mining projects? Hence, why a Maiden Resource Statement will incorporate all the drill holes to produce the overall grade and ultimately the size of the deposit.
As for the share price of the farm-out co, one expects that it will trade in a range until the catalyst appears eg re-rate or otherwise [vice versa]? Again, norm.
Wed, 29 Jan 2020
8:52pm