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Thx again Bamps, looks like you are ahead of the game with your theories. Whichever one is heading towards the Artemis drilling on the border will be very interesting.
Hi Lenz
Do you mean the Northern corridor or the eastern breccia NW corridor
The Northern corridor looks as though it is infilling nicely with increasing grades.
The Eastern breccia NCM are showing one thing and saying another.
By that I mean the vertical cross sections and drilling diagrams all show the Eastern breccia and the ore body as one.
The plan and rhetoric seems to suggest a separate corridor.
To me it looks like one ore body as my lower ovoid theory which has held up well with all the drilling updates.
In a weeks time we might find out one way or another
Hi Zoros
The 2.9m aueq oz is just from the sulphides based on an increase from the Dec MRE due to the infill drilling from 18m tons to 26.1m tons.
The 37m tons not included in the PFS contains 3.6m tons of sulphides
Hannams say the 34m or most of it is in the Northern breccia but that’s not correct according to the shell diagrams in the MRE where most it is around the sulphides.
I am of the opinion some of the breccia surrounding the sulphides will not be retrieveable using stoping all the way down to 900m to the SE of the Dyke, it’s going down into a tight wedge.
On the plus side though the other side of the Dyke will have far more in the bulk mining
Bamps, if it’s not too much trouble, what is your take on the north west corridor … its interesting to say the least. ;-))
Afternoon Bamps...glad you're on!
So in simplistic terms, what do they mean about the 2.9MozAuEq to be included in the future feasibility study?
Will we expect the DFS to be based on this 2.9?
[I understand the MRE(inferred) which will be out in Q1/22 to cover a larger area of resource, but from a business model and planning perspective, is the 2.9 the figure they will use (from the 37Mt and additional infills/growth in the interim?
Simple terms plz!!!
Z
Hi Zoros
There’s 34m tons of breccia in the MRE that have not been included in the PFS
Hannams are saying this is in the Northern breccia but only a small amount is there included in the shells of the MRE most of it is around the sulphides.
There should be a big uplift to the indicated in respect of the tonnage.
The Mining plan takes no account of the breccia to the SE of the Dyke.
Hard now to know what will be in this upgrade.
The grade of 4.58 g/t au eq seems not to reflect the grades on the diagrams we’ve been given
Hi Z, my take on "Outside of the existing resource" is that Hav is the main resource and outside is a new discovery which they are taking a different path to mining, maybe new metals or a different make up of gold and copper not known before. Ciao DM
cont'd............
Havieron PFS (12.10.21):
The PFS covered 52Mt of ore resource identified in the MMRE(inferred)(10.12.20).
This accounts for approximately 6% of the SE Crescent and Northern Breccia that was resourced during the MMRE (approx 900Mt).
28% of the MRE(inferred) is now uplifted to MRE(indicated): 2MozAuEq.
To date, 1.7% of the SE Crescent (and portion of N Breccia), now ‘indicates’ 2MozAuEq.
But before you attempt to interpolate, a reminder that the best grades have been offered up for publication for obvious reasons (4+g/t). A lot of the remaining ore body could come in much lower than this overall and the breccia could be as low as 0.2g/t! And of course the whole of the motherlode won’t be mined either! Each of you will have your own calculations on (a) size of ore body and (b) grades...to determine the final amount of AuEq resource available.
[IMO..I am going for 5 to 8MozAuEq for the SE crescent and N breccia ore body (only)].
This next section requires your input/observations please? In this growth RNS:
[https://greatlandgold.com/wp-content/uploads/2021/10/GGP-Growth-Update-Final.pdf] Page 10.
It shows the current (PFS) resource (2MozAuEq), on the left. Over to the far right it shows the future resource (2.9MozAuEq) which will be borne out in a “future feasibility study”.
I understand this to show that the remaining 72% of the MMRE (which wasn’t upgraded at the PFS), together with all the infill and growth drilling since then and up to the cut off point prior to the MRE2(inferred) (Q1/22), is expected to provide: 2.9MozAuEq. A further 0.9Moz.
This increased resource forming the basis of a production rate of 3Mt/yr and extended mine life of 11 years.
Comments appreciated.
Z
I've been away from these fair isles this last week, popped in occasionally, thinking it was no longer the GGP forum I was a part of?? It was infested by strange people talking absolute bo**ox. An excessive number of trolls dominating the board. A noticeable absence of LTH's.
But today is back to normal (thanks Admin for doing your job).
I have dissected the PFS and committed pen to paper (so to speak) and would like to offer my thoughts up for your observations, if I may? Your views are always appreciated......
But first, a fantastic reminder of what TimberTrader (16th @0739) posted:
(It makes much more sense now that the PFS has arrived. It is obvious (in hindsight) that Sandeep was thinking this as he was getting the PFS written:
Take your time to savour every word.............
"...Sandeep Biswas 19th August 2021:
"Havieron... is well and truly on the fast track, because we just literally do not know the size of it yet. However,..as we are drilling more and more to get the other configurations of Havieron, our mining teams are thinking about what other options there might be for mining outside of the existing resource.
I mean, there's no question that over time Havieron will probably need more than just one mining method. You can look at the Crescent Zone...that's where the initial resource is, and we'll be focusing on more selective mining methods there...that may go a lot deeper than we think, outside of our resource, which would be great news if it does, because that means that all the capital that we're installing now, we'd be applying it over a bigger resource, should that be proved up..
Look at the other areas, which are yet to fully drilled out, you'll see that there are different shapes and also different grade profiles, which, if they prove to be contiguous, open up to some other more bulk type mining methods. So it's very much work in progress. It's really exciting.
So we've kind of, but the focus is get those high grade tonnes from the crescent zone into Telfer, as soon as we possibly can, while we're working on what the entire deposit looks like. It's really exciting. It's work in progress. Get the cash flowing as soon as you can. That's always my principle...."
[Thanks TT for reminding us].
con't...........................................