Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Mumbo jibberish your at it again taking my post and twisting it to suit your demented mind
I’m surprised no one picked on what I found yesterday
Panorama nickel
This is the first hint of where the nickel is after SD presentation when he mentioned it.
https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20220125-gold-exploration-update,-ragged-range-wa.pdf
Ragged Range is at the Eastern border of the far east side of the Panorama licences
The Sterling project is the south side of Ragged Range.
On both drilling plans you can see the target straddles the border and is still open.
Look at the Euro basalt in green and the Dalton suite in purple/ pink colour, this is the same geology where Ggp surveys have picked up on the west of the licences with the gold anomaly running between the 2 for over 6.5km.
Ggp have not done any surveys yet on the eastern side of the licences.
Gold on it’s is great
Gold and copper is better
Gold, nickel and cobalt fantastic
If anybody is interested in battery development I watched a good presentation from Ilika on Investor Meets yesterday.
Talks about the difference in technological advances of batteries
2024-2030 according to Bloomberg will see dramatic increase in battery demand led at the start by Lithium ion wet cells these will tail off in 2030.
Solid State batteries will gradually take over.
There are 2 types of solid state batteries, Toyota are developing Lithium ion sulphate solid state, these are cheaper and easier to produce but the ion conductivity is not great and these will be used for mass market.
Ilika are developing Lithium ion oxide batteries more difficult to manufacture therefore more expensive. These contain lithium nickel and cobalt the ion conductivity is much greater can work in extremely hot temperatures to 150C, charging is faster and holds the charge longer and longer lifespan.
Medical batteries being developed now for marketing and sales from May.
Other bigger prototypes due from 2025 for the high end car market and consumer goods.
Therefore gold with nickel and cobalt is the right combination to find for this final use
Nickel and Cobalt have risen dramatically in the last week slightly tailing off today
Thanks Bamps - such a great thread I am just making sure it is at the top again for everyone to read who wants reminding as to what we have - your posts 10.16 am to 10.38 am - pure class!! Thanks again Bamps.
I've mentioned, many times over the past couple of years, the myopic view of some GGP investors (probably largely new, TBH), continually centering on Havieron alone, as if it's all we have?!
I have to thank Bamps, yet again, for giving a much more accurate view of what we have, and where we're going forwards!
DYOR & GLA! TT
A great post. Thank you Bamps.
Be better to keep this thread at the top of the board than most of the other intentionally diverting drivel today.
The mining plan in the PFS suggests a 2m ton of ore containing 73,000 ton of copper will be produced over 9 years.
We know that mining plan will soon be superseded by a larger 3m ton of ore
Copper per year average 8,000 ton
At todays price $9,966 = $79,728,000 per year
Ggp share $20m per year @25%
$20m just for copper per year
That is for a superseded plan 3m plan is 50% higher
6m plan is 3x higher
An old saying is gold pays for everything copper is the profit
Loving it!! Cant wait for the responses to the below from the t=ats. Your messages are too involved and accurate for the small brains of this world to dismantle.
Cont’d
Panorama
A very large area containing 3 licences with 2 distinct type of targets
In the NW a 6.5km long gold anomaly following a river bed and fault line.
The bulk of the licence contains possibly a very large cobalt anomaly maybe the largest in Western Australia or Australia itself.
Ggp suggesting nickel is there as well ( cobalt is not normally found on it’s own)
Will be drilled in this years exploration programme according to SD
Bromus
A long licence running NW-SE in the SW of Western Australia close to the nickel area.
A few drills have been done by Ggp and further modelling has found the sources of surveys near to where the drills were deployed.
Mainly a Nickel/gold target with MMI survey readings of 2670ppm that is 0.267%
Infrastructure runs close to the southern end of the licence road, water, electric etc
Rudall and Canning
Rudall is a small licence to the SE of Havieron with one Bullseye target anomaly.
Underexplored needs surveying to see what’s there
Canning is way to the SE of Havieron but is in the same belt that runs from Port Headland to Musgrave mines and on to Olympic dam area.
Canning has 4 licences 2 of which contain Tabletop 1 and Tabletop 2 very exciting bullseye features , strong coincidence of the gravity and magnetic anomalies.
Historical reports by geoscientists suggest drilling of Tabletop 2 first down to at least 800-1000m.
If they’re big enough infrastructure will not be an issue.
A new licence to the west of Havieron and SE of Telfer has not had much success but Ggp seem to think the previous owners didn’t look deep enough.
One target is a bullseye feature similar in nature to Havieron
Havieron
An early stage mining development with Decline infrastructure progressing.
An ore body that keeps on expanding with increasing grades.
30% owned at the moment with negotiations ongoing for NCM to buy 5% from Ggp.
Potential tier 1 resource with an MRE due soon to upgrade the Indicated and Inferred Already announced.
Juri joint venture
Paterson Range East
Latest drill results on Goliath and Outermind both hit gold anomalies.
New models being formulated for future programmes.
New aero magnetic survey on the west side have found new targets to be drilled H1 2022 A9 and 11 together with Tama an exciting “supergene” target.
Blackhills
An exciting area where the nuggets were found in 2018
Saddlereef and Saddlereef South are promising targets. Firstly a reef like prospect similar in nature to Telfer and further south a dipping ore body about 250 wide 60 m thick by 2km long.
Over 250 historical drills on BH have had gold in their drilling logs.
Drilling in H1 2022 will focus on Parley North, A27 and a very long target to the south of Saddlereef South
Scallywag
A large licence 100% wholly owned by Greatland
Last years drilling of Kraken, Blackbeard and London hit gold and copper alteration and will help in vector studies of finding ore bodies.
This year’s exploration has centred around Swan in the North , Teach and Barbossa west, assay results still waiting.
Additional surveys have located Archieteutis to the north of Kraken.
The road between Telfer and Havieron is proposed to go through Scallywag, works to commence this year.
Environmental studies have been carried out on the proposed route.
Ernest Giles
A very long arching licence if compared to the M25 would go 2/3rds the way round.
An archway greenstone area renowned for its goldfields, much older than Havieron.
Suggested to have 2x 5m gold targets with numerous 1m camp style targets.
Relinquished 2 licences last year only to reapply for Wishbone and another one but not reapplied for Carnegie in the centre which reportedly had the nickel.
Ggp eager to start drilling again in this years drilling campaign.
Tasmania
Firetower
A licence with 5 areas of interest the best of which is Firetower itself a small bullseye feature with strong gold and copper readings near the surface open at depth.
Maybe containing 1m oz
Firetower west is a large underexplored area with gold and copper readings.
Star of the west in the north are historical workings in a forested area.
Firetower east has had a few drills picking up copper and zinc alteration, needs more exploration.
There’s another historical mine area in the NE.
Ggp working towards joint venturing this licence.
Warrantina
A long north to south series of historical mine workings
Ggp have concentrated their recent campaigns in the south exploring beneath historical workings picking up new targets deeper down.
Suggested to contain a 1m oz gold in total on the licence and Ggp also wants to joint ventur
Summary of Ggp assets
Havieron:-
Gold has risen from c$1200 to c$1847 per oz today
Copper has risen from c$2.7 to c$4.53 per lb today
Other minerals not confirmed yet cobalt and nickel
Goliath
Gold small section found so far after 2 drills
Tin in MMI results has risen dramatically over the last 12 months from c$21,500pt - $41,300 today
Outamind
Gold
Blackhills
Gold various amounts all over the licence
Copper small amounts on Saddlereef South
Silver on Saddlereef South
Silver price has fallen in 12 months from c$27 to c$24
Ernest Giles
Gold
Nickel has risen sharply in 12 months c$1600 to $2243 today
Bromus
Gold
Nickel
Panorama
Gold
Nickel
Cobalt has risen sharply in the last 12 months from around $37,000pt to $70,500
Warrantina
Gold
Firetower
Gold
Firetower west
Copper
Silver
Firetower East
Zinc risen from c$2,600pt to $3600pt
Silver
Scallywag waiting assays
How can the value of our other assets remain the same over the 12 months beats me ????