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10.54 Lenz - agreed; your challenge should be interesting!
Hi Paddy, regarding this new tenement do you know (or anyone else) if this has ever been drilled or the extent of surveys conducted in the past? What has convinced GGP to make a move for this, despite comments released in the media? Is there compelling evidence or indication of mineral resources being there? It looks to me that GGP have not had to pay too much for this tenement. It is clearly in a very good strategic location. So is it speculative or can we reveal what they perhaps know but are not revealing what they know? thanks
Hi Burleigh
I believe I am very fair to most people and give the benefit of the doubt. That poster is always negative so there comes a time when you have to put untruths in their place. He is bordering on the misleading rule 5c which is why Timeserved got wiped out.
Someone has a real hard on for driving this down, don't they.....I bet the RNS this morning has p*ssed them off as they will have had to use up ammo to keep it down
Pascalle project
https://www.provinceresources.com/pascallecoppergold
I don’t believe it has been drilled
Pascalle anomaly has a magnetic anomaly similar to Havieron but is split down the middle
Is it more of a strategic move, there is a map on PSL web site showing it splitting Newcrest land
https://patersonresources.com.au/projects/grace-project/
@Ruprah - "We also have systematic selling continuing of £40K and also 100000 shares"
I think the systematic buying of 100k/200k tranches is more relevant. Anything circa 17.85-17.88 that have been printed the last hour are buys, despite the carefully managed mid-price depicting them as sells. Don't be fooled by the red ink my friend.
Fantastic move by the company
They've got highly prospective land as it is. I think this falls just south of AZY/NCM Wilki project and is sandiwched between Telfer
Putting my long term thinking Cap on, once a strong cash flow is generated from Havieron in years to come, can you imagine the aggressive drilling program Greatland will be hitting the Paterson with. Gold producer with a potential for numerous new discoveries all within the same province.
I've said it before, you see these junior companies turned Multi Billion £/$ major players. I have no doubt in my mind, Greatland has years of growth ahead of it.
Super Cheap and de-risked.
There will be another deal with newcrest
Got to rise 9 times before i am clear on RMM = 188p. GGP cleared all my other mistakes which i include RMM in them. DM
Folks, Scandivanadium (SVD:ASX) released an announcement on the ASX dated 30th September 2020 setting out results of its HEM surveying of Pascalle. Can be found by searching ASX historical announcements for SVD now part of PRL. An interesting read. Great location for sure but prospectively for presence of massive sulphides … not so much. But with a bit of Callum’s magic who knows. Apologies if someone has already highlighted this announcement. GLA. MEL
Melbourne beat me to it. Province Resources used to be SVD.AX they gave up on the project at their Pascalle area and went into Hydrogen shortly after, which then led to the rise in their share price. It tanked after the Pascalle results came out. They didn't even bother to drill if i remember rightly. Hoping there will be other areas of interest in the other licenses, but I wouldn't be surprised if this area between Hav and Telfer is purely strategic positioning.
Ddi anyone spot the Survey is only good down to 400m, Im sure Havieron is a tad deeper, is this what they are gambling on I wonder???
What's with the afternoon MM disco. Seems a bit odd considering we have just expanded our portfolio.
Pascalle HEM Survey
New Resolution Geophysics (NRG) has completed 925 line kilometres of XciteTM HEM and AMAG survey at 100m spacing over the entirety of the Pascalle tenement. This survey gives the highest resolution geophysical dataset so far recorded over Pascalle.
EM surveys, such as that run by NRG, are designed to detect highly concentrated massive-sulphide bodies down to a depth of approximately 400m whereas AMAG surveys are designed to identify local magnetic anomalies, potentially associated with hydrothermal fluid flow activity. Preliminary processing of initial HEM survey results shows no evidence of massive sulphide, meaning that if sulphides are present there is not enough connectivity between the grains to create a conductive body. The survey has recorded 14 subtle anomalies that could be related to bedrock conductors but could also be explained by local near surface conductivity variations.
Where magnetic targets occur without associated massive-sulphide, as indicted by the absence of EM anomalies, there remains potential for low-sulphidation mineralisation such as quartz-Au stringer- breccia style or disseminated sulphides. Potential follow on work using a ground-based, gradient array induced polarisation (GAIP) electrical geophysical technique, (which has the ability to identify disseminated sulphide mineralisation, such as that associated with Telfer, Winu, and Calibre style gold- copper-silver type mineral systems), may be undertaken.
Final review of enhanced AMAG and EM channel imagery is required to clarify magnetic targets associated with low level amplitude EM anomalism. Structural interpretation of magnetic data will be used to define prospect scale targets to plan and mobilise GAIP surveys prior to drilling.
Hi Bamps
I don't understand what that means
Does it mean, no sulphides so no gold?
@Spy
M.A.N.I.PU.L.A.T.I.O.N
Hi Peter
I hope you are well.
The mineralisation could be found in other ore types rather than sulphides.
Far more survey work and modelling is required before any drill targets will be identified.
Do you think that these shorter muppets think that if they hammer the price on good news, everyone will get bored and leave?
I like this about Tabletop 1
There is considerable size potential. Hence this anomaly is a quality exploration target. The depth of the sources of the responses may however be prohibitive, as a +1000 metre deep hole would be required to test this target.
Agreed Bamps, there was no sulphides and no gravity or magnetic response at Telfer but guess what, they found plenty gold & copper there.
Don't know if its the shorter muppets but the MM's
defo know how to cause Marriage Mischief !! tell my wife every time
a good RNS comes out AM and then avoid her PM when I get asked that question !!
Just looked in, good news, dropped a penny since this morning high. Standard…..
Will check in again for Juri results start of October (hopefully) for more of the same ;)
I’m happy to wait for my little slice of history
GL
Gosh Paddy, that must be going back many years in research to find that.
What made them explore there in the first place?