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https://www.tradingview.com/news/marketindex:328bed25e094b:0-glencore-is-backing-one-of-the-next-asx-nickel-producers/
KEY POINTS:
Glencore plans to provide a debt facility of up to US$22 million for Pacific Nickel Mines
The company's Kolosori Nickel Project to start production in late 2023 with 1.5m tonnes annual capacity
Glencore also entered into 6-year offtake agreement for 100% of Kolosori's production
I'm in Rincon directly on the ASX.hooefully the findings result in RIncon rising because the current SP is on the pants of its arse on the ASX..
!!!
On 5 July 2021, Gunsynd*s investee co, Rincorn [ASX listed] issued a RNS/ANN to state that they are due to commence drilling at HASTIES, Paterson Province, Western Australia.
Link: https://twitter.com/RinconResources
Gunsynd share price is 1.3/1.4p with a mkt cap of about £6m.
On the Australian ASX, Rincon rose 14.3% @32c Australian with a mkt cap of A$16.42m.
Link: https://hotcopper.com.au/asx/rcr/ To check
I have done prior research on Hasties and the other project, also near Newcrest*s Telfer, Patrson, WA. Hasties is closer to Telfer. Some of the research is posted on this forum some time ago.
News, Tues, 6 July 2021
DYOR.
I'm asking the same thing? Looking to invest after seeing this but confused on which one to buy...1 is up and 1 is down today don't want to get the wrong one
The proposed date for Rincorn IPO is on Thur, 10 Dec 2020 per Hotcopper RCR [Rincorn]
Link: https://hotcopper.com.au/asx/rcr [The info on the IPO proposed date is at the top]
Australian ticker for Rincorn RCR
Rincorn is an investee co of Gunsynd.
It is exploring in Hasties & Westin*s, Western Australia which is near or nearer to Newcrest*s Telfer and Greatland Gold*s Havieron.
All the info - see earlier posts.
News - Wed, 2 Dec 2020
GUN RNS, 5 Nov 2020 relating to Rincorn's IPO, an investee co.
OK think i got it - GUN on AIM and GUN.PL on another - same company
I notice this is Gunsynd PLC with a ticker that appears to be GUN.PL. I have today noticed there is a LSE share chat with a ticker label Gunsynd - GUN. Can I confirm this is the same company and if so why there is two share chats.
Did 2 buys on 29th - one has shown up as a sell??? The other one not listed??? Makes me think MMs using smoke and mirrors - to what end though!
Yes - think the Haverion discovery is going to turn out to be pretty big - getting the MRE soon. With Rincon so close it is not unreasonble to go with the saying - if you want to find gold mine close to where it has already been found!
Ref: My last post below of today, Wed 30 Sep 2020, Artemis shows TWO 2D Seismic Lines:
1] Seismic Line 18GA-KB1 runs NEAR Telfer Mine & Rincon*s WESTIN prospect, Paterson, W.A!
2] Seismic Line 2D NC87-13 runs near HAVIERON & into Artemis*s Armada licence, Paterson, Western Australia.
Interesting.
On 2 Oct 2019 Artemis Resources [ASX, Australia] RNS/Ann:
"A NEW SEISMIC line 18GA-KB1 was completed which is near our proposed tenement acquisitions through Rincon.
Reprocessing of SEISMIC data lines is nearing completion with a report looking at STRUCTURES that may control MINERALISATION expected in early Oct 2019.
A report on Hasties & Westin Prospect by CSA Global is nearing completion and will define the next steps to best move these targets forward. Gold & copper mineralisation at Hasties is OUTCROPPING, and at Westins the mineralisation has been INTERSECTED at 84m, with depth of cover -70m. A site visit to the Hasties Prospect is to be undertaken in the next 2 wks in preparation for ground based work, which will include STRUCTURAL MAPPING."
https://www.asx.com.au/asxpdf/20191002/pdf/44941qkb5q1w91.pdf
"Update on Activities."
Doweydodo- Pardon typo.
Wed, 30 Sep 2020
Gunsynd new RNS as above, Wed, 30 Sep 2020.
"Angold: Licences in Uchi, Iron Butte, Dorado & Cordillea in the Province of Ontario, Nevada & Chile." {C$100k/£58k}
"DORADO, Chile - S i g n i f i c a n t but poorly defined gold-rich porphyry system with outcrops at surface. Significant zones of hydrothermal alteration at surface which has not been explored or drilled."
Note: Thank you doverydodo.
Hi News - just bought into Gunsynd PLC - 28% owner of Rincon. Thought I would say hello as I am often on this 'board' over on Greatland Gold. Been invested in Greatland since January and have done OK so far. Because of on-going research with reference to Greatland I came across Gunsynd because of Rincon's endeavours near the Haverion discovery - so I thought a small punt on Rincon might turn out like Greatland - who knows - but keep posting your info - much appreciated. PS - the Greatland webchat has descended into near chaos lol
Artemis Resources of Australia RNS/Ann: "Major acquisition of gold copper prospects in Paterson Range South of Telfer." -16 July 2020
"At HASTIES, minerlisation outcrops at SURFACE & has been identified OVER A 1KM STRIKE which occurs within BRECCIATED sedimentary rocks. Historical drilling returned WIDE INTERSECTIONS of gold & copper over a LARGE AREA [fig 4 & 5]. Mineralisation remains OPEN IN ALL DIRECTIONS & only a S M A L L portion of the prospective strike length has been drill t e s t e d.
Gold & copper mineralisation has been identified at HASTIES within the SAME SEDIMENTARY SEQUENCE known to host gold mineralisation at the TELFER GOLD MINE.
Historical regional exploration work was also completed at WESTIN prospect , 30KM South East of Telfer gold mine. Work consisted of soil sampling & wide space air-core drilling [typically 1km space lines with holes 200m apart alone lines]. Sedimentary sequences which HOST GOLD MINERALISATION AT TELFER were identified, as well as a LARGE, OPEN 5 K M long GOLD-IN-BEDROCK A N O M A L Y. Best results from the Westin prospect include 8 m @ 3 . 8 5 g/t au gold from 8 4 m. Rincon*s tenements cover 2 5 K M of PROSPECTIVE STRIKE which has NEVER BEEN EXPLORED."
https://www.asx.com.au/asxpdf/20190716/pdf/446mywqyt7yzgy.pdf
"Pg 2 shows historic drill collars and surface sample collection."
My Comment:
Gunsynd owns 28% of Rincon {South Telfer: Hasties & Westin}
So, from Artemis*s RNS/Ann, it gives details of Rincon*s Hasties & Westin.
news, Wed 23 Sep 2020
Gunsynd 1.3p / 1.35p
Mkt Cap: £4m
Shares in Issue: 254m
NMS: 50,000
H: 1.43p L 0.04p
Antipa Minerals of Australia RNS/Ann: "AEM Survey highlights new Havieron style gold copper targets - Antipa-Newcrest Wilki Farm-In Project." 18 Aug 2020.
https://www.asx.com/asxpdf/20200818/pdf/44III54rwswnxs.pdf
"AEM surveys have resulted in several SIGNIFICANT discoveries in the Paterson Province by identifying conducters representing gold/copper mineralisation."
"AEM20-02= 800x600m partially coincident b u l l s eye AEM late-time conductivity high and gravity h i g h a n o m a l y. Fig 4 & 6b
-Located just 3km & 6km NW along S T R I K E from the Joy*s Gosan & H A S T I E S GOLD-COPPER-arsenic COPPER MINERAL SYSTEMS respectively, which represent a 1 3 KM l o n g b r e c c i a t e d , hydrothermally altered, and MINERALISED TREND."
"Shallow cover. The area has had very limited nearby drilling..."
Pg 6 shows "Hasties." [Chart denotes "Maximum downhole assays & shows it in PINK which is presumably the drills?]
Pg 8 shows "SKYTEM flight line Fig 6b for AEM20-02."
My Comment:
Rincon owns Hasties, 12km south of Telfer Mine [Newcrest]. Gunsynd owns 28% of Rincon. Rincon also owns Westin, 15km of Havieron but that is not in the Antipa area.
news, Wed 23 Sep 2020
"Fortescue advances Paterson Province JV."-Australian Mining, 18.9.20
-"Eiden tenement, 3 5 KM from Telfer mine - Heli -electromagnetic/airborne geophysical survey. JV with Australian Carawine."
https://www.australianmining.com/news/fortescue-advances-carawines-exploration-in-paterson-province/
---
Another new RNS/Ann just out in Australia from Carawine:
"Paterson tenement a d d e d to JV agreement with Fortescue." 22 Sep 2020.
-"Expl Coolbro JVA tenement 4 0 KM from Newcrest*s TELFER mine."
https://hotcopper.com/asx/cwx/ [Carawine Mkt Cap: A$18.39m]
--
Plus:
"Scanvanadium commenced high-resolution helicopter electro-magnetic [HEM] survey over Pascale project, Paterson." 25.8.20
-"HEM systems successful in identifying mineralisation in Paterson Province inc Rio*s Winu." https://finfeed.com/small-caps/mining/svd-hit-ground-running-commencing-hem-geophysical-survey/
[Pascale is NR DOLBY].
My Comment:
Fortescue interested in Carawine*s tenement/s 35km/40km from Telfer mine.
SVD*s Pascale tenement is near Dolby. To get to Rincon*s South Telfer Westin [large licence] one has to go from Telfer mine to O*Callaghan mine, then Dolby and Westin [15 SW of Havieron & South of Telfer]. Rincon*s Hasties licence is 12 KM South of Telfer mine. To see map : https://gunsynd.com/investments/
Westin is a large tenement of 5km + 25km and Gunsynd *s map show that it is in the "TELFER MINERALISATION TREND" - See map: Telfer mine, W. Dolphy, then Westin.
****INDUSTRY NEWS FOR GUNSYND [28 % stake in Rincon]****
-above all exploring near Newcrest*s Telfer mine now. Rincon*s is closer at only 12KM South from Telfer mine.
news, Tues 22 Sep 2020.
On London South East as above [free to view & NOT LIVE quote]: 1.40p / 1.55p +15.69%. Transaction [above, NOT live] buy transaction 1.485p. This is Gunsynd on NEX exchange.
Tues, 22 Sep 2020 at 8.33am.
DL Interview just out:
"Gunsynd*s largest shareholder in Rincon is Gunsynd {even after ASX listing}.
Significance: South Telfer: PHENOMENAL GOLD-COPPER, literally near surface, drilled by Newcrest.
Westin SW: ON-TREND WITH TELFER MINE."
DL also said that on the Australian ASX, there are not many co*s in Paterson, Western Australia.
==
From Gunsynd :
https://www.gunsynd.com/investments/
2 maps:
One shows South Telfer, Rincon. Marked in red , on the left is Hasties.
On the right is Westin [larger licence].
It also shows Telfer mine, THEN O*Callaghan Mine [also drilled by Newcrest] and then comes Rincon*s Westin.
Map 2 shows TELFER-TELFER MINERALISED TREND -> WESTINS, Rincon.
---
Results from Newcrest drilling of > 200 holes [260] at South Telfer speak for themselves. In contrast, Newcrest drilling of Havieron [near Westin] is only at 78 holes per their last report of 9 Sep 2020 at https://twitter.com/NewcrestMining
Gunsynd owns 28% of Rincon {South Telfer}.
Hasties, South Telfer is 12km south of Telfer.
Westins, South Telfer is 15km SW of Havieron.
Apparently, on Twitter, one learns that Artemis did not complete the takeover of Rincon Pte Ltd, Western Australia as one of their major shareholders wanted to list on ASX [Australia]. So, Gunsynd is the only one that has 28% of Rincon.
Link: https://twitter.com/DavidLenigas/status/1307738986035720193 14 hrs ago, 21 Sep 2020.
As for the interview with Andrew Scott today with DL, he says it will be out by noon today. Link: https://twitter.com/DavidLenigas/status/1307974870408597505 20 mins ago, 21.9.20
DL will talk about Gunsynd etc.
news, Mon 21 Sep 2020 at 10:49am.
Rincon Resources, Western Australia:
<> "Rincon assets include more than 50 KM of STRIKE of Telfer host geology."
<>"Neighbours: Rio Tinto & Newcrest."
<>"Rincon is targeting 2 - 5 M O Z assets & has identified SEVERAL highly prospective TARGETS including Hasties target."
<>"54,535 ha in highly sought after Paterson province."
<>"Approximately $350k spent by Rincon."
<>"All tenements granted & Native Title access agreements in place."
<>"Key Clients: STRATEGIC PARTNERSHIPS: The co intends on rapidly defining MINEABLE resources at South Telfer with MULTI-DEVELOPMENT OPTIONS emerging including potential MID-TIER/ M A J O R investment and or/TOLL TREATMENT opportunities through TELFER MILL."
Link: https://wholesaleinvestor.com.au/south-telfer-gold-and-copper-in-the-paterson-province-offer-closes-monday/
news, Sun 20 Sep 2020
Rincon [Gun 28%/ARV 72%]
Westin Chart per interview marked: "TELFER M i n e r a l T R E N D to WESTIN."
Havieron [Newcrest - GGP]
Other maps mark Havieron: " Structural C O R R I D O R to Winu, Rio Tinto."
[Westin, Rincon is 15km to Havieron, Paterson, W.Australia.]
[Havieron gravity is 1,000m x 1,000m [1km] per RNS, 11 June 2017.]
[Westin Anomaly 5km + 25km unexplored]
Going to be interesting .
Listened to the interview a 2nd time:
<>Chart shows Hasties with Newcrest drill results marked: "Drill holes with SIGNIFICANT INTERCEPTS."
<>Hasties, mineralisation TO surface, exciting.
<>Havieron - old school etc {think he means prior to GGP?}
<>"ANOMALY 3.5g/t gold/0.1 , 250m- Thinks there*s GOING TO BE LOTS OF REPETITION. From the data, its Westin, 15km from Havieron.{Rincon: South Telfer-Hasties & Westin]. 5KM with another 25KM UNEXPLORED.
{My comment: In contrast, Havieron gravity model showed 1km x 1km ref: RNS}
<> Think I heard "Fluid" which will be the norm in geology re: gold flow?
[My Comment: Key to all this will be reading the geology correctly with MORE RESULTS IN SEP 2020 DUE which will or may give a clearer picture].
Ed Mead*s interview with Samso at the time of the purchase of Rincon [GUN owns 28%] in July 2019.
It has just been posted on Twitter today, Sun 20 Sep 2020.
https://twitter.com/Stuarttodd28/status/1307616016558628866
<>"Hasties,Rincon mineralisation TO surface. Chart shows the Newcrest drilling results."
<>"Westin- Chart shows Telfer Mine Mineralisation TREND to WESTIN, Rincon. 5km with 25km unexplored."
<>"Havieron, 400m FROM surface."
<>"Telfer, rich ground."
<>"LOTS OF REPETITION."?
news, Sun 20 Sep 2020.