Member Info for PaddyGall

Strudel - I wouldn't bother to keep checking for the nocturnal image - it seems there is a problem with the data from the Sentinel 1 satellite.

https://scihub.copernicus.eu/news/News00722

Users are informed that no new Sentinel-1 products have been published since 11th July around 7:00 a.m. due to an anomaly on the Sentinel-1 ground segment.
The issue is under investigation. Further news will be published once the anomaly is resolved and data flow restored.
We apologise for the inconvenience this may cause to your activities

ATB - Paddy

Not so sure about the SW drills - I think we will definitely get a lot more infill on the top arm of the HGZ, HAD041, 046 & 048 were all at pre-collar in the report from April 30th so we should get them, the bottom of HAD066 and there has been a lot more infill drilling on the centre also.
I'd hope to see some results from a couple of the big NW step-outs - remember they've drilled 5 up there now and continuing with more as we speak - again they haven't peppered that area for fun....

Also it would be a nice surprise if they were to announce that the concept (scoping) studies into the mining methods were finished or close to being finished.

I'm 100% expecting the 9th set of outstanding results - don't know what's gonna happen with the SP over the next 9 days but I really couldn't care less.

Oh yes - Sentinel update tomorrow, ATB - Paddy

Maybe they have studied the results of their recent geochemistry survey and decided that they need to expand their drilling campaign - could be a nice boost for GGP in the run up to the 23rd although it seems like the buyers at 12-12.5p are in total control of our share price at the moment.

Nobody is prepared to take any big chunks of GGP at prices higher than this 'AT THE MOMENT' - the chart yesterday from AntMWah on Twitter yesterday illustrates this nicely.

https://twitter.com/AntMwah/status/1282386443541848072?s=20

Consolidation and continuation for now but with the potential to explode to the upside as soon as we start to see a bit of volume in the trading.

GLA - Paddy

@Hopefullygold - the whole license id known as Havieron - Scallywag & Havieron are prospects within the Havieron License - furthermore Kraken, Barbossa, London & Blackbeard are targets within Scallywag, confusing eeehhh.

The area that the cyan drill-pads are in are definitely still the Havieron area but they could in theory be targeting a different (as yet unnamed) target.

The four yellow pins to the Northwest are where the Scallywag targets are located. I hope that clears up the confusion.

GLA - Paddy

No mate - the magnetic image is from 2008 when the tenement boundary would have been different.

You can see 2/3 different sets of boundary lines because there are 2 different images overlain on each other but the white box is the outline of the farm-in. That was a Google Maps kml file that I downloaded from the WA Government website, so it should be accurate.

GLA - Paddy

If you look at the image - the farm-in is everything inside the white rectangle so if they were doing any drilling towards the anomaly then it would still be well withing the boundaries of the farm-in.

ATB - Paddy

@mushroomkid,

I know I've linked to this a few times but this could literally be a blueprint for how they might tackle the Havieron ore-body. Oz Minerals have a similar system that they have started mining now using a sub-level caving system (top-down) which is what Sandeep seemed to be proposing with the high grade stoping operation that he discussed in the last presentation.

I think the Carrapateena ore-body starts about 500m below surface. This is a scoping study that they released last year which is investigating the potential to mine the bottom half of the ore-body using a block-cave system (bottom-up) to maximise the output from the mine so they can economically mine the lower grades.

The infrastructure for the block-cave can be developed while the high grade sub-level operation is carrying on. This is why Sandeep is hoping to be into production within 2 years of starting the exploration decline because they should be able to begin removing ore as soon as they get to the top of the ore-body.

https://www.ozminerals.com/uploads/media/190306_ASX_Release_Carrapateena_Block_Cave_Expansion_Scoping_Study.pdf

ATB - Paddy

Precisely launder - Havieron looks to me to be right in the sweet spot of what could be an extremely massive system that in theory could extend North, South and North-West.
All it takes is patience IMO - Paddy

@schlemiel - you can see where the drilling is located in relation to the main fault & the splay fault where Havieron is located. It's right in the 'nose' of where the 2 faults converge. Now if there was a load of mineralised fluids flowing about the region a few billion years ago then the area where the 2 faults join would seem to me to be a good area to check.

Then we had the circumstantial evidence of the 3D image on the screensaver which looked to have another deposit in roughly that same position.

It's all guesswork until proven correct or not as the case may be but we keep hearing that NCM don't drill holes on a whim. There's a reason they drilled down there - either sterilisation or more gold...

ATB - Paddy

@launder,
This is why I find it interesting and fascinating. This is an image of the geophysics from 2008 imported into Google Maps.

https://ibb.co/PFzZGXD

They had kindly put the gridlines on the image so scaling it and lining it up was an easy exercise. I also switched on the layer which shows where the drill pads that we noticed to the South of the sand-dune are situated.
It's not conclusive evidence but that doesn't look to me to be the sort of area that you would be looking to put your decline in.

As you say there's a lot of drilling and testing to do yet but it's easy to see why it's exciting to be watching it all come together.

ATB - Paddy

A bit of Sunday morning research for anybody so inclined.

https://twitter.com/paddygall1/status/1282239666046095360?s=20

Scallywag looks to be a doozy - God only knows why Newcrest didn't go back and drill it after they didn't hit the basement in 2009 but we don't have too long now to find out what secrets she's been holding on to for the last few billion years.

GLA - Paddy

@Hopefullygold - Telfer is a behemoth of a plant that can handle about 20Mtpa of ore. Initially Sandeep was talking about getting about 2Mtpa of high grade sulphide ore from Havieron - I think Telfer would be more than capable of handling a lot more throughput than Havieron can supply on it's own.

ATB - Paddy

Here's a snip from the 2008 Newcrest report on Havieron/Terringa (Scallywag) which describes the heritage clearances that were carried out back then.

Newcrest had intended to do 14 holes in the Scallywag area that year and according to this report the heritage clearance survey was completed between the 13th - 16th September.

https://ibb.co/1G8Nj1c

I think GGP would be doing a similar amount of holes but over a wider area, as the NCM holes were planned along the access track to Havieron, so I would think maybe a week or so to do the surveys and then however long it would take the anthropologists to write up the report and issue the clearances.

I thin GH would have been giving us worst case scenario when he quoted 4-6 weeks to the start of drilling.

ATB - Paddy

@Mitch6 - see the RNS dated 30th June

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/rn8me2r

Greatland's Exploration Activities in the Paterson (excluding the Havieron Farm-in)

· Cultural heritage clearances, which were previously deferred due to COVID-19 concerns (see announcement dated 1 April 2020), are now underway.

· Drilling expected to commence at Greatland's 100%-owned Scallywag prospect area within the next four to six weeks, subject to receipt of heritage approvals.

Christophe - I agree with your synopsis up to a certain point.

The drill results and the obvious satellite step-outs tell a very compelling story, as do the Numis, Hannam & Sprott notes, but the biggest bullish factor in my own analysis (apart from the tea-leaves of course) is the attitude of our major partner towards the development of Havieron.

NCM have many other JV's & farm-in agreements with other juniors around the world but nowhere else have they dedicated the resources that they have here, just marvel at the speed that they are bombing through the farm-in stages.

They only began drilling in the middle of last May and we are probably approaching 100km of drilling already on the property (I totted up all the drilling done up to the last report and it came to roughly 70km).
We have seen the Field camp increase in size and permanency over the last 12 months (thanks to pictures on LinkedIn).
We know they need the ore for Telfer and we know that NCM would not be dedicating these sort of resources to a small unworthy deposit.
We have heard Sandeep stand up in front of the mining world and use all sorts of superlatives to describe the high grade deposit, of which they have 'never' seen the like of before in the Paterson.

While I agree that discussing the overall size of the deposit and the eventual monetary value of Havieron is a moot point at the moment, I'm happy to have my capital tied up here for the endgame.

GLA Paddy

Hi tom,

I like your 'still to come' picture and I would imagine that you're not too far off the truth there mate.

Let's hope the horse-shoe turns into a second horse-shoe .....

Hi Stu,
Already did that back on June 12th

https://twitter.com/paddygall1/status/1271410183567269891?s=20

ATB - Paddy

The width looks pretty locked in at about 350m.
The only point where we know there is mineralisation for sure is HAD066, from that to the bottom curve of the horse-shoe is about 500m (but we know there is a lot more drilling to the NW of HAD066 so we can assume it extends further)
The depth - anything from 600m to xxxxm
Paddy

Hi Tig - yes mate that would be something along the lines. I would need to spend some more time on it to get the numbering & the deposit tidied up a little. I probably wouldn't want to do it until at least after the MRE was issued, so maybe not for another 4/5 months??
What do you think - Paddy

Ok guys - just for clarity, the image shows all the unreported holes that I've observed on the satellite updates right up until yesterday. We obviously won't be getting results from all of them in the report on the 23rd.

I still would expect to get in the double figures of results hopefully especially as HAD041, 046 & 048 were already at pre-collar stage from 2 reports ago.

Glad it's helped people to visualise the overall size of the system in comparison to what has already been reported.

GLA - Paddy