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Highlights:
-- Results up to 4.13g/t Au and 1.75% Cu for samples of artisanal mine waste dumps and outcrop at Suyay
-- High-grade gold and copper associated with structurally-controlled quartz-sulphide stockwork zones within phyllic to advanced argillic (clay-silica-sericite) alteration mapped over 2.5km(2)
-- Clay-silica-sericite alteration identified as a spectral anomaly as part of a regional target selection survey
-- Results indicate potential for gold-rich porphyry or intrusive-related style mineralisation.
-- Prospect ideally located within the coastal metallogenic belt with convenient access to road, power and port infrastructure
-- Further spectral anomalies within the San Lorenzo project ready for reconnaissance exploration programmes
The Suyay prospect was recently acquired via auction(1) as a block of eight concessions totalling 6.27sq km (626.5ha) and forms part of the broader San Lorenzo project. A regional remote sensing target-generation programme(2) identified the prospect as a distinct spectral anomaly defined by an envelope of clay-iron oxide alteration.
Great news today
I got in at 0.0125 a share in March 2023 so am happy has more than doubled. Shame I didnt buy more but put more into Nova Minerals (who have 10m Ounces AU) I have see the interviews of Sam Garrett on Proactive Investors and have to say I am impressed .His CV on Linkedin reads well as well.
Nicely into recovery mode. You’d think as they’re moving towards sorting drilling, and Gervaise beginning to get vocal.. there’d be buyers for any dips along the way now. Quite possible regains the listing price eventually, and more.
Its a nice silent riser.
Good post from GH to summarise things perfectly
Am i the only person posting today? only 1 post this morning ,so this makes 2 today,and this is 32% up right now,only invested a month ago @1.2p so very happy.
Couple messages from Gervaise in the tele gram group
Hi All, exploration is always high risk but some people just seem to have an eye for it - Terry Grammer was one of those legends who just kept finding deposits (and how I came across Metal Tiger back in 2015) - obviously my mate Callum has a good eye for rocks too ? - but Sam Garrett is one of those geologists who really has that six sense for it IMO - he picked up and pushed Havieron when no one in the industry was interested (except us)
Difference between this and the typical lifestyle AIM explorer is that GSCU starting with the right scale of opportunity that can attract majors (like Havieron), which is a key issue (I can go on and on about this issue but so many explorers just wasting their time with small/mid scale opportunities that can’t get them to £1bn+ mkt cap) - plus you have a team of real geologists who have seen how to deliver success - and deep pockets in Colin Bourke who is a great guy and will back this financially all the way IMO
Sam Garett & Gervaise Heddle
Original members of GGP's Havieron discovery team now working on a Giant Copper belt.
Initial fieldwork has yielded excellent results.
If you could pull together a dream team to work on proving up a potentially globally significant district scale discovery.
These are the guys you would want on board.
Potential for a Solgold style rise from 1p to 40p if the scale of the surface outcropping continues at depth.
Big drill season ahead.
GLA
Nice to see a strong blue day here maybe things will start to liven up now as this gets on peoples radars
Surface sampling rarely does anything to the sp.
its the drilling that's the sp mover.
no doubt,this sampling,with give the geologists,where to map....the next phase......drilling
Virtually no reward these days for taking risks, if the RNS was bad the price would have tanked and despite a good RNS nobody is interested. Gloomy times for penny shares until the culture of day trading goes and investing returns. If I was a multi millionaire I would prove the point of buying none stop until this is up 100% then you watch everybody pile in at double the price it's a crazy game now this market
A reminder of the surface sampling being undertaken has produced some good early scout results towards defining the drill targets.
Geomagnetic survey results should be along over the coming weeks.
Once all that is completed the drill program can comence which is where things will start to become exciting.
Certainly looks promising from the initial outcroppibg samples recovered so far.
Thanks sellers got 350k at sub 1.1p...
Getting cheap here again, of course nobody touches it when dead and drifting but when it was flying towards 2p recently the buys flew in, you can now buy cheaper than the recent placing.
Thanks for the link,have bought in to this,as copper is another metal that the world will be fighting over in the future,think of all those 50metre charging cables that will be needed in 2030 for the people that dont park outside there houses,,,,, the company i work for has just done a u turn on replaceing there fleet of thousands of deisel vans as the serveys returned by the engineers clearly show 30% of people cant actually plug in overnight to charge and of course there is a slight shortage of fast charging stations,so the down time waiting for a space is crippling the output,who,d of thought it. maybe they should of done the surveys first before saying they were going 100% electric.
Mad people selling at 1.1p yesterday, below placing price and the price GH was happy to buy a big stake in the placing.
I'll back off and wait for more pi's to lose patience and nibble each time it hits 1.2p offer because the mm's are very cautious and not offering much when it does hit that, only managed 100k earlier
Clearly that is what is driving the price. No nonsense for me managed to sell a few scraps as high as 1.91p today to leave a free ride now. Just shows never to panic and sell when a stock is dead and not bid for, things can rapidly change.
Tr-1
Might be 75-100% up soon. Def a big squeeze now nothing offered at 1.6p. I will gently slice a few seeing as I hold over 1 million, I've sat and watched so many of my stocks spike and done little and they quickly fall back and leave me the only one holding.
20% up davey?.....you wasnt far out.
Ah ffs just when it looked good, I'll watch for your sales later on
Davy50 my lucky charm
Picked up some