George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Good luck Suthy,
This is a dip! Lots of people unable to stomach holding shares and it is happening across the board IMO.
If you are very lucky you may see 3p but there are enough of us to grab them if they hit that level.
ATB.
I want more shares in this stock, so I will load up if there is a dip. This will be multiples at the end of the year. My target is 3m shares...hopefully I can get there.
Probably because its aim and a cesspit and an infavourable hole 1 will probably tank the sp
remember this is only 1 hole.
1 small piece of the giant puzzle.A lot seem to hang a lot of hope on this one result
https://mobile.twitter.com/Trader****ney/status/1367950182642577410
And thanks D2C2. Just doing as much digging as I can lately. That last paragraph is especially interesting.
2m @ 176 g/t drilled from the DMS to the south of Creswick.
When you look into the licenses ECR have applied for directly adjacent to its current Creswick license, I’ve got more of an appreciation as to why the JV talks are still “ongoing” and awaiting further approvals.
You can check out on their Twitter and the ECR website
https://www.ecrminerals.com/projects-investments/victorian-gold-projects-australia
The Dimocks main shale runs right through one of the license application, straight into our current license. If this additional license is granted, I believe it to be a major stepping stone in getting a deal done, significantly increasing ECRs and the JVs partner exposure to the DMS and its gold fields.
Squeaky but time . results ready, Craig not looking as excited?
This is where the bottom feader AIM Investors get separated from the chaf. We are beyond £10mil Market Cap. therefore not a pump and push on small news.
Is this the real deal..Who knows, should be but at £30mil mc it needs to be..
Im still here and expect it will be..
“ AG1989 filtered”
Brilliant news.
@AG1989
Thank you for your time
AG1989 filtered , so much noise all day long . Hoping for some meaningful posts in the days to come but not at the speed of a machine gun !
Struggling to attach a link, however if you google
"byron reef gold drill results" , click on the 2nd link down. It's a presentation from 2nd February 2019, and it goes through the mining history of Bailleston & Creswick and surroundings areas. Apologies for those who have seen this, but WOW! first time I've come across it, and it's an interesting read. I've attached a couple of snippets from the article below
"In contrast to Avoca,
the Bailieston area has
a modest historical production history from alluvial and vein quartz mines. Byron Reef, a major
producing reef, was discovered in 1864 by a prospector searching for alluvial gold. At its point of
discovery, the reef was only 25 mm wide, but widened to over 6 m at depth. The deepest early shaft
exploited Byron Reef to over 100m. There are no surviving records of early production from the reef, but
State government records indicate that grades ranged from 30 g/t Au to 280 g/t Au prior to closure of
the shaft. "
"The most significant recent discovery was made by Perseverance Corporation Ltd, leading to the
development of the Hill 158 open-cut gold mine, 7 km east of Nagambie and approximately 10 km east
of the Bailieston project. This was a low-grade, bulk mining stockwork or layered vein structures and
operated. The mine was started in 1989 and 132,000 ozs of gold was obtained from the Nagambie Hill
158 mine through the 1990s, an amount that exceeds the sum of all gold production in the district prior
to that year. "
"GMK’s drilling near the main shaft hit old stopes, while further south a narrow, high grade intercept was
encountered (BLP140: 3 m at 14.74 ppm Au). At the Maori reef, drillhole BLP136 intersected 2 m at 17.2
ppm Au from 44 m downhole. Other holes encountered stopes (BLP008 and BLP172), with remnant
mineralisation intersected prior to the stopes."
If I'm correct, the Maori reef is the next stop for MIDAS so seeing grades of 17 g/t is encouraging
"The Black Cat prospect is immediately south of ground recently applied for by Newmont Exploration and
contains 220m of historical workings along three known lines of quartz reef. Strong gold-in-soil
anomalism in some areas indicates unworked reefs may remain to be discovered, and rock chip
sampling of quartz-poor material indicates potential for disseminated gold. Rock chip samples at Black
Cat have returned encouraging grades up to 11.3g/t gold.
"The Dimocks Main Shale may therefore provide an opportunity to bulk mine a series of auriferous veins
across the width of the shale. Only two holes have been drilled to test the DMS within EL006184, both in
the 1990s. The results of this drilling included an intercept of 2m@ 12.28 g/t Au. The best previous drill
intercept into the DMS to the south of Creswick was a rather stunning 2m@ 176 g/t Au.
Another great reminder what we're currently dealing with :D Happy weekend everybody