Member Info for 5085

When the negheads attach verifiable facts to their posts, then we know we are in trouble ha-ha

Have a nice weekend

If anyone wants to know what’s really going on they should ask Airbourne Dsymons now there is a font of unverifiable knowledge ha-ha

I dont mind negativity it's the idiotic 'darwin' lies I struggle with. Airbourne surveys dont show much, yeah great we have been busy x-raying soil samples. The chump ha-ha. He can now join Tiger in the bin.

I have been sourcing some information on the wildcat drilling outside the central belt.

The specific drill hole at the Stavros Prospect, which intersected 7.0 meters grading 10.2% zinc, was part of a broader drilling campaign conducted during the 1980s along a 5.5 km strike outside the main resource area of the Molaoi deposit. This campaign aimed to explore the mineralization potential beyond the central zones. The Stavros Prospect is one of several areas within this extended strike length that demonstrated significant zinc mineralization. Other notable intersections from this period include:

Gkagkania Prospect: 3.0 meters at 6.7% Zn.

Fournos Prospect: 3.0 meters at 8.4% Zn.

Agio Eustratios Prospect: 0.5 meters at 27.3% Zn.

These results indicate the presence of high-grade zinc mineralization across multiple prospects within the Molaoi deposit. The drilling efforts during the 1980s were instrumental in identifying these zones, which have since become focal points for further exploration and potential development.

While detailed information about the specific drill hole at the Stavros Prospect is limited, the collective data from this period underscores the significant mineral potential of the Molaoi deposit and its surrounding prospects.

Helium One. The subject no one goes near is the lack of infrastructure in Tanzania and the vicious floods they have. In the past 5 years a load of concrete bridges disappeared, so is the force of the weather there. Imagine a remote Helium plant, best of luck with that.

Tanzania has been experiencing severe flooding in recent years, leading to significant damage to infrastructure, including the destruction of multiple bridges. In May 2024, torrential rains, exacerbated by Tropical Cyclone Hidaya, caused flash floods that washed away at least four main bridges on the 396-kilometer highway connecting Dar es Salaam to the southern regions of Lindi and Mtwara. The affected bridges spanned the Mbwemkuru, Somanga, Rukwa, Mikereng’ende, and Matandu rivers in Kilwa district, Lindi region.

This is what I mean by correlating data The broad zinc surface pXRF signature correlates well with drilling results, which verifies that multiple lodes occupy an east-west zone, which in places, is up to 100m wide.

The minimum width for underground mining being 4m

https://www.linkedin.com/search/results/content/?keywords=%22fluorescence%20(pXRF)%20surveys%22&origin=GLOBAL_SEARCH_HEADER&sid=FVh

Effectiveness of using a portable X-Ray Fluorescence (pXRF) machine

At the Molaoi zinc deposit in Greece, a portable X-Ray Fluorescence (pXRF) orientation soil survey was conducted using a 20m x 50m grid density, encompassing 395 sites. This trial aimed to assess the effectiveness of pXRF in detecting anomalous zinc zones and to determine the optimal grid spacing for identifying dispersion halos in soils above mineralization.

The survey confirmed that pXRF could successfully detect both discrete and broad anomalous concentrations of zinc and lead. Based on these findings, a sample density of 25m x 200m was recommended to provide regional coverage across the entire permit area.

In terms of soil sampling tactics, the initial orientation survey employed a 20m x 50m grid density. This approach was designed to validate mapped zones of anomalous zinc and to establish the most efficient grid spacing for reliably identifying dispersion halos in soils above mineralization.

Overall, the pXRF survey at Molaoi has proven to be an effective tool for detecting zinc and lead anomalies in soils, guiding further exploration efforts in the region.

Dsymons you are an uneducated liar; in fact I would go as far as to label you as thick.

If you read, if you can read today’s RNS you will see it references soil sampling, not airborne tests, as you wrongly guessed.

If you then went a stage further, hard I know with limited intelligence you would have been capable of sourcing this page on LinkedIn https://www.linkedin.com/search/results/content/?keywords=%22fluorescence%20(pXRF)%20surveys%22&origin=GLOBAL_SEARCH_HEADER&sid=FVh

This covers the soil sampling work done in the central belt (6 x orebodies) not the words – more prevalent, and then the last line that covers what was reported today. The whole acreage is now being tested.

So, if I take this further and totally baffle and bamboozle you I will explain what is happening and why the excitement.

Soil samples are taken from areas where known mineralisation has been found, i.e above a drill hole. There are many in the central belt (193) Then by using clever maths and AI you can produce pro-rata data. This is vital for soil sampling outside the central belt.

Did you get all that, good, now go stand in the corner for a few hours.

Incorporating germanium and gallium into the valuation of Rockfire Resources plc's Molaoi zinc deposit provides a more comprehensive assessment of its potential in-ground value.

Current Resource Estimates:

The Molaoi deposit has an inferred resource of 15 million tonnes, averaging 7.26% zinc, 1.75% lead, and 39.5 grams per tonne (g/t) silver. Recent analyses have confirmed the presence of germanium and gallium, with average grades of 23.7 g/t for germanium and 15.3 g/t for gallium.

Contained Metal Calculations:

Zinc: 1,089,000 tonnes

Lead: 262,500 tonnes

Silver: 592,500,000 grams (19,050,000 ounces)

Germanium: 355,500,000 grams (355,500 kilograms)

Gallium: 229,500,000 grams (229,500 kilograms)

Metal Prices (as of February 11, 2025):

Zinc: $2,500 per tonne

Lead: $2,000 per tonne

Silver: $0.75 per gram

Germanium: $4,095.41 per kilogram

Gallium: $934.23 per kilogram

In-Ground Value Estimation:

Zinc: $2,722,500,000

Lead: $525,000,000

Silver: $444,375,000

Germanium: $1,455,000,000

Gallium: $214,500,000

Total Estimated In-Ground Value: $5,361,375,000

Potential Impact of Gkagkania Discovery:

The Gkagkania prospect has a surface expression comparable to the existing Kalamaki resource, suggesting the potential to double the current resource base if further exploration confirms similar grades and tonnages. If this occurs, the in-ground value could potentially increase to approximately $10.72 billion.

Spike up on no news just increased buying pressure to then allow Queeld to offload for a massive profit, nice.

I wont be hoping for that Zippy.

I would like the continuation of asset discovery to continue, until such time as they are ready to mine, then to team up with a major.

Reid Hoffman and the other 3 founding members of LinkedIn found it hellish going and slow in 2003, the lights were only kept on via $3m of funding. They believed in what they had and eventually it started to grow. In 2016 Microsoft bought the whole shooting match for $26.2bn. Using your analogy they should all have bailed out early with a few million in their pockets.

Mining is slow I grant you that, but these assets are not easily found outside of China. We will all have our day of that I am assured.

A few weeks ago, I produced a report on the potential of the mining license acreage and what would be possible in terms of value ‘if’ the 9 orebodies extended at depth 300m to 500m, plus the discovery of more orebodies within the licensing area, and the potential of extending further than the current licensed area (another 7km). +$70bn in situ metal

What was clear to me, the Greek government back in the 80’s didn’t drill 6 random wildcat holes for nothing, they could clearly see something. Today we find out about 3 of these.

I also read on LinkedIn and reported here about the ongoing pXRF survey.

I have no doubt in my mind this acreage will become one of, if not the, most important in Greece and the EU, but there will predators from India and China circling, as they are in Albania.

In my opinion there’s life changing money to be made here for the patient investor.

Good luck.

With $4 billion of in-situ assets, known at present, metal prices buoyant plus China putting a widespread supply squeeze on plus Rock trading low in the channel it doesn't take much buying to see the SP move higher. Wait until news lands, if positive, below 1p will be history.

Https://www.mining-technology.com/news/china-critical-mining-metals-exports/?cf-view

Https://www.protothema.gr/economy/article/1596233/spanies-gaies-koitasmata-me-protes-ules-gia-kataskeui-microchips-stin-ellada/

Germanium deposits in Molao and antimony in Chios have stimulated investment interest. The applications of these critical metals and the global shortage that puts Greece on the raw materials map.

https://www-businessdaily-gr.translate.goog/oikonomia/130452_spania-metalla-pros-exoryxi-stin-ellada-ti-symbainei-se-molaoys-kai-hio?_x_tr_sl=el&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

Where we are currently, bearing in mind the cap-ex/op-ex for 3 underground mines is approx $450m

The Molaoi deposit in Greece has demonstrated significant potential for zinc, lead, silver, and germanium extraction. As of September 2024, the inferred mineral resource is estimated at 15 million tonnes, with average grades of 7.26% zinc, 1.75% lead, and 39.5 grams per tonne (g/t) silver. This equates to approximately 1,090,000 tonnes of zinc, 260,000 tonnes of lead, and 19.1 million ounces of silver.

Additionally, the deposit contains an estimated 4.8 million tonnes of ore with an average germanium grade of 21.9 g/t, totalling around 105,700 kilograms of germanium.

To estimate the potential value of these metals in a best-case scenario, we can use current market prices. As of February 2025, approximate prices are:

Zinc: $2,500 per tonne

Lead: $2,100 per tonne

Silver: $25 per ounce

Germanium: $3,681 per kilogram

Using these prices, the estimated in-situ values are:

Zinc: 1,090,000 tonnes × $2,500/tonne = $2.725 billion

Lead: 260,000 tonnes × $2,100/tonne = $546 million

Silver: 19.1 million ounces × $25/ounce = $477.5 million

Germanium: 105,700 kilograms × $3,681/kilogram = $388.9 million

Summing these values, the total in-situ value of the metals is approximately $4.137 billion.

Greece also has proven deposits of germanium at Molaoi in the Peloponnese, along with copper and zinc. It should be noted that in a letter of thanks to EAGME, the Australian Rockfire, which has won the tender for the exploitation of the mining area at Molaoi, has emphasized that the tests confirm the importance of the Molaoi Project, while also noting that "the Hellenic Geological and Mining Research Authority (EGMRE) must be commended for its analytical excellence.

The Molaoi Project is among the top 20 undeveloped zinc deposits worldwide. In the Kimmeria of Xanthi, our country has tungsten in its subsoil along with zinc. In this particular area, EAGME has completed its studies.

Regarding antimony in Greece, there are indications of at least three identified antimonite deposits that have not been exploited to date. The most important occurrences of antimony in the form of the mineral antimonite (Sb2S3) have been identified in Keramos, Chios, as well as north of the town of Lachanas, in the mountainous complex of Krousia, Kilkis. Especially in the area of ​​Keramos, Chios, there is a deposit of antimonite ore of very good quality. In Europe, the degree of criticality is extremely high since there is no mining and production of antimony and the degree of its substitution by other elements for specific uses is almost zero. Therefore, the role of Greece in this effort to mine antimony on European soil is understandable.

https://www-oryktosploutos-net.translate.goog/2025/01/%CF%89%CF%81%CE%B9%CE%BC%CF%8C%CF%84%CE%B5%CF%81%CE%B5%CF%82-%CE%BF%CE%B9-%CF%83%CF%85%CE%BD%CE%B8%CE%AE%CE%BA%CE%B5%CF%82-%CE%B3%CE%B9%CE%B1-%CF%84%CE%B9%CF%82-%CE%BA%CF%81%CE%AF%CF%83%CE%B9%CE%BC/?_x_tr_sl=el&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

The increase in the potential reserve potential by 500% in the zinc, silver and lead deposit of the public mining area of ​​Molaion, Laconia, was announced a few days ago by Rockfire Resources plc, which manages the deposit through its subsidiary Hellenic Minerals SA.

Calculations have been made in accordance with the current Australian Joint Mineral Reserves Commission Code for Reporting Mineral Resources and Ore Reserve Exploration Results (JORC 2012).

As a result, Molaoi is now among the top 20 zinc deposits under development worldwide in terms of reserve potential, quality and zinc equivalent metal content.

Specifically, the JORC reserve potential estimate for Molaoi amounts to 15 million tonnes grading 7.26% Zn, 1.75% Pb and 39.5 g/t Ag (9.96% zinc equivalent), which means that the Molaoi deposit is estimated to contain 1,090,000 tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver.

It is also noted that the Molai deposit also contains germanium, which is one of the rare critical metals in the world. According to a preliminary study, the available amount of germanium has been estimated to reach 4.8 million tons with a content of 21.9 g/t Ge, which corresponds to approximately 105,700 kg of germanium.

https://www-e--mc2-gr.translate.goog/el/news/metaxy-ton-20-koryfaion-ypo-anaptyxi-koitasmaton-pseydargyroy-ston-kosmo-oi-molaoi-simantiki?_x_tr_sl=el&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

The acreage at Molaoi would have been asset stripped many years ago, via 3 underground mines had it not been for a dramatic drop in the price of zinc. So far not enough holes have been drilled to accurately show the full extent of the central zone, nor have they drilled deep enough. The orebodies go down to 500m with historical drilling going down to a max of 300m

To date all known drilling (193) has intersected mineralisation.

With Melten recently pledging 295 million euros into their new campaigns and set to list on the UK stock market, at around £6bn valuation. The future for critical mineral exploration and extraction in Greece is set to be an interesting journey.

For those who have just arrived here today.

Rockfire Resources holds a 30 year mining licence (5 years of exploration) for the Zinc, Lead and Silver resources at Molaoi, Laconia, Greece.

In the 1980’s the Greek government drilled 173 holes in the central zone, contains 6 of the 9 orebodies. And 6 wildcat holes where the results are unknown. (no public records). In basic terms 2 of the 7km acreage have been speculatively drilled.

In recent times Rockfire drilled their first 20 holes in the central zone this identified the targeted metals plus Germanium and Gallium and raised known resources by 500%.

Here is a little light reading.

https://www.kathimerini.gr/visual/infographics/563421538/i-ellada-sto-kynigi-ton-spanion-orykton-oi-ereynes-kai-oi-ependyseis/?fbclid=IwY2xjawIJXqZleHRuA2FlbQIxMAABHSw70Hfk7GWMT8cb1oPcBFEEP00HB5K1lxl2F5Gp6gaBngca7OpwNxrLMA_aem_xKArWfCCdDAcPEST6Pk0EQ

https://www.researchgate.net/publication/383599195_Revisiting_the_Concealed_Zn-PbAgGe_VMS-Style_Ore_Deposit_Molai_Southeastern_Peloponnese_Greece

Https://geopolitico-gr.translate.goog/2025/01/sto-kynigi-ton-spanion-orykton-i-ellada-stochos-tis-evropis-i-apexartisi-apo-kina/?_x_tr_sl=el&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

https://www-oryktosploutos-net.translate.goog/2024/03/%CE%B7-%CE%B5%CE%BB%CF%80%CE%AF%CE%B4%CE%B1-%CF%84%CF%89%CE%BD-%CE%BC%CE%BF%CE%BB%CE%AC%CF%89%CE%BD/?_x_tr_sl=el&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

https://www-energygame-gr.translate.goog/protes-yles/370029/protes-yles-thetikes-endeikseis-gia-germanio-stous-molaous/?_x_tr_sl=el&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

https://www-monemvasianews-gr.translate.goog/%CF%84%CE%BF-%CE%BC%CE%B5%CF%84%CE%B1%CE%BB%CE%BB%CE%B5%CE%AF%CE%BF-%CF%84%CF%89%CE%BD-%CE%BC%CE%BF%CE%BB%CE%AC%CF%89%CE%BD/?_x_tr_sl=el&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

https://www-carandmotor-gr.translate.goog/nea/spanios-thisayros-krybetai-kato-apo-edafos-elladas?_x_tr_sl=el&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc