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Parting comment...they will keep 25% of the project we think for sure
I concur!
Fantastic !!!
I think I just wet myself thinking about that.
Now let's put numbers to all this ...
Actually let's not. Ponder this....the best grades have been used (3.5oz/t) to big up the PFS. 17Mt of 900Mt using 3.5g/t. Let's just think about the rest, halve it, halve it again, dilute the bonza grades in the PFS down from 3.5....to say 0.5g/t....and suddenly by magic we are down around where nearly all the brokers are....11+Mt of big fat shiny GOLD. And still....we haven't left the effing SE crescent.
OMG.
Will many of us still be alive by the time they exhaust this mine?
Time for a siesta.
Hopefully we now know what the PFS was all about....in space and time.
Z
Well, I thought that SD would be speaking, so, apologies, BUT, nevertheless, we WON!
Congratulations GGP on the 2021 Commodity Discovery Day Award.
We had everything worth investing in well done GGP and all its holders what an accomplishment
YouTube comments from admin say the winner is being interviewed live right after :-)
https://www.youtube.com/watch?v=6lGaV9vbH5c&list=WL&index=7
Congrats GGP, NCM, SD, and the team. Keep it up
Well deserved and more great publicity
Winner winner chicken dinner !
Yay! We won the award! And now we should be called Greatland Gold & Copper too . . .
We won woohoo, just watching it. Brilliant achievement:o)
We have a winner Congratulations Greatland Gold
WE WON!!!
Greatland Gold WINS!
Hi Zoros,
Re: We have advertised that 1.6Mt of pure gold has been confirmed in 28% of 6% of the SE crescent WITHOUT even considering the rest of the UK.
Is this not 1.6Moz's?
My advice - pay attention if you're free to watch and GGP is now up :-)
https://www.youtube.com/watch?v=6lGaV9vbH5c
Just out interview mentions ggp
https://youtu.be/6lGaV9vbH5c
Shaun Day on NOW!
Zoros , how does Brexit affect it
Copied
Here goes, a couple of posts to picturise (?) What just happened for us simple people to understand:
Firstly...I am delighted with today's SP.
Over a week ago I asked for a 10% hike on the then 16.5o SP.
And look where we are currently. :)
Ok...here goes......
We have a mother lode of approx 900Mt (based on bamps calcs).
We have a reported MRE(inferred) on 54Mt.
We have a PFS reporting 17Mt (28%) upgraded MRE to 'indicated'.
The 54/900 is 6%.
So picture a plan view of the UK. This is the mother lode. The SE Crescent is England. The 54Mt (6%) is Chichester (6%) of England. 28% of Chichester has just been upgraded to " indicated".
The remainder of Chichester (70%) will be upgraded to indicated by the FS. It is this tiny piddling dot in the UK which will be mined in stage 1 and has caused the s*itstorm that is the PFS. NCM has just formally announced it is going to mine Chichester!
The decision to bulk mine the rest of England will be made in December of next year (DFS). And we haven't even mentioned the NW breccia, the Northern Crescent (Scotland) or eastern breccia yet.
The effing mother lode is so massive and we are all in a quandary about a village in Chichester!
Just think about the size of the mine? We have advertised that 1.6Mt of pure gold has been confirmed in 28% of 6% of the SE crescent WITHOUT even considering the rest of the UK.
Ginaggeronimous.
Z
HAVIERON KEY PROJECT MILESTONES
Gate Feasibility Study to Execution.................Q2 FY23
First Ore............................................................ H1 FY 24
First Production of Gold/Copper...................... H2 FY 24
PFS OUTCOMES
* PFS based on ore reserves of 14 Mt and does not include 37 Mt of Inferred Mineral Resource
* Capital efficent, low cost mining
* Copper increasingly important as part of plan to move to zero carbon economy
Deposit open in multiple directions with a Feasibility Study scope expected to include:
* Completion of a further infill drilling program by end of CY21 to increase the indicated mineral resource base for potential ore reserve expansion
* Completion of the growth drilling program immediately below the SE Crescent zone for potential mineral resource expansion
* increasing grade and thickness of mineralisation has been observed in recent drilling
* potential to discover further mineralisation centres at Havieron North, Zipa and Meco
STUDY OUTCOMES UNDERPIN AN ONGOING GROWTH STORY
* PFS currently only considers the indicated mineral resource
* Growth drilling immediately below the SE Crescent zone shows significant potential for mineral resource expansion
* Further resource growth in the Northern and and Eastern breccia including the evaluation of alternative low cost mining methods.
* High grade zone within SE Crescent remains open at depth
* Development options to consider mining and milling rates at 3 Mtpa (Note Havieron economical on just 2Mtpa but is going to get better)
The expectation was for a positive PFS and that's exactly what we got. Volume being so small yet we have a positive PFS is incredible.everyone has all the data from drill results, everyone has enough to calculate what our asset for 30% of Haverion is worth as at today. 3, 6, 12 months from now it will be more some institutions are buying based on this asset value, some will await FS and revenue but one things for sure the magic number 88p will be reached.