Member Info for PaddyGall

Hi Flashy,
I don't know TBF and I am kinda expecting that we won't hear anything of that work down there until after the MRE and the 'growing phase'.
I hope I'm wrong though. I have no technical or mining experience to support my theory but I wondered if they only drilled shallow holes down there to allow them to do some down-hole surveys in that area. That would explain the speed that they drilled those holes and they could probably have done that work with an RC rig which would explain why we didn't see any 'black' sump pads in that area.

There will be plenty of step-out and infill results to keep us entertained on the 23rd even if we don't get the SW holes and they can't be too far away from issuing their mining concept studies either.

ATB - Paddy

Happy to report that I'm alive and well - had a complete break from technology over the weekend and feel all the better for it to be fair. I spent my weekend working in the garden and on the man-cave.
I've had a quick look this morning and I could only spot 1 prepared pad in the north (near HAD046/048) that had been converted into a sump pad but I don't think they had started drilling there yet. Nothing else significant that I could see.

I'll probably wait until the next update on Wednesday to put a tweet out.

ATB - Paddy

Anyway, anyone interested in the upcoming Scallywag drilling program. Have a look at the results from the MMI survey results from Havieron compared to Scallywag which make for interesting reading.

Havieron – 6th December 2017

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/w6ek0gr

‘Peak MMI responses over Havieron were 4ppb silver, 70ppb arsenic, 25ppb gold, 834ppb cerium, 710ppb copper, 53ppm iron, 284ppb lanthanum, 860ppb lead and 112 ppb uranium.’

Scallywag – 23rd October 2018

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/xpyvo3x

‘Highest results returned from MMI sampling were 8ppb silver, 50ppb arsenic, 0.4ppb gold, 480ppb cerium, 2750ppb copper, 33ppm iron, 280ppb lanthanum, 240ppb lead and 335ppb uranium. Response of certain groupings (or suites) of elements over parts of the Scallywag target are similar to those seen in MMI and drill core from the Havieron prospect.’

Most of the ‘pathfinder’ elements show similar levels but it’s very interesting that the gold response was a lot lower and the copper response was off the charts compared to Havieron.
I wonder if the fact that the basement rocks are more shallow at Scallywag allows the copper to ‘leach’ through the soil more easily and can therefore be detected more readily at the surface??

Very interesting especially when you consider than the Scallywag target encroaches onto the RIO license next door to us.

The only way to find out for certain is with the drill bit – exciting times. GLA Paddy

Hi Scottie,
I think they are just cautioning people to be aware that GGP (if the toll treating does go ahead) won't be entitled to 25/30% of the profits. As the name implies there will be a toll levied by Newcrest to treat the ore and GGP will be subject to this. I think the terms of this will be well settled before that would occur and I have no doubt it would be to the benefit of both parties.
ATB - Paddy

So it seems that Sprott have increased their GGP exposure by another 4.54% during June.

https://www.morningstar.com/stocks/xlon/ggp/ownership

ATB - Paddy

Here's a research note from Arlington released on the 16th June about Australian exploration.

Nothing earth shattering but nice to see us being highlighted by other firms that don't cover us.

https://s3-eu-west-1.amazonaws.com/cdn.webfactore.co.uk/5158_2_australianexploration16062020.pdf

ATB Paddy

Nice write-up.

https://www.theassay.com/news/greatland-lands-fourth-highly-sort-after-paterson-licence/?utm_content=133435084&utm_medium=social&utm_source=twitter&hss_channel=tw-918382730424885248

ATB Paddy

They are for 2.5p warrants that were issued with the last set of placing shares from last August.

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/x88j55x

ATB - Paddy

The latest nocturnal image is now available on the Sentinel Website.

Shows they are clearly concentrating on the NW region with 3 to the North of Lake Havieron - it looks like the rig has moved from the one that was a step-out from HAD066 up to the other pad that we spotted just to the South of Lake Havieron.

I can clearly count the 9 rigs though so all systems go.

https://apps.sentinel-hub.com/eo-browser/?zoom=15&lat=-21.72398&lng=122.63579&themeId=DEFAULT-THEME&datasetId=S1_AWS_IW_VVVH&fromTime=2020-06-30T00%3A00%3A00.000Z&toTime=2020-06-30T23%3A59%3A59.999Z&layerId=7_SAR-URBAN&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Ff2068f4f-3c75-42cf-84a1-42948340a846

ATB - Paddy

Hi Spratt.
No mate - I hadn't heard about that. I assume that will be a subscription service to get that level of detail.
Worth keeping an eye on for developments though.

Hi hydro,
Have a look at this for a rough guide.
https://www.rcdrilling.com/rc-drilling-guide/comparative-costs-of-drilling/#tab-1-5

They say about AUD$200 per metre so AUD$160,000 for an 800m hole. I guess it all depends on rig availability, remoteness of the location etc, etc but it's a good starting point.

Paddy

The beauty of the warrants is there are another 97,840,540 that will expire in August 2021 so that's another guaranteed £2.5m that we will see flow into the coffers over the next 12 months.
With £6m in the bank as of yesterday then there is no risk of any placings in my mind in the next 12 months and who knows where we will be by then.

ATB - Paddy

That's GH doing the GGP Foxtrot - Observer

Slow, slow, quick, quick, slow.

August Gold Futures closing in on $1,800

https://uk.investing.com/commodities/gold

Avizandum1,
Who in your opinion are the main players and what are the games they are playing?

Just imported the overlay of the target onto Google Earth - you can see the second RIO license to the West of our new Rudall tenement. We had applied for all that originally but were beaten to it by 1 day by RIO.

It would be interesting to see what sort of targets RIO have on their ground to the North & West of us.

https://twitter.com/paddygall1/status/1277925060792201216?s=20

GLA - Paddy

Hi Matt - We had applied for a bigger license area including another section to the West that did go to RIO.
This portion of the license was not applied for by RIO but was by both us & Carawine.
ATB - Paddy

Just managed to get a quick look at the Sentinel satellite image from today. I think we had spotted the drill rig on the new most westerly hole and the pod of 4/5 up in the NW corner.

Today's image shows really clearly how they have been peppering the northern arm of the 'horse-shoe' in recent times - you can clearly see up to 10 pads all closely spaced and from the size of the sumps I wouldn't be surprised if they were drilling multi-holes from the individual drill collars like they did in the SW for the last update.

https://twitter.com/paddygall1/status/1277614197971521537?s=20

Insert hands under your a**e and sit on them firmly - ATB Paddy

https://twitter.com/paddygall1/status/1277614197971521537?s=20

SoS,
Google Earth already gives you the option to use the northing & easting values directly.

If you go to 'tools' & "options' you can change the Lat/Long default to 'Universal Transverse Mercator'. This allows you to enter the drill hole data in the format reported in the RNS.

ATB Paddy

Guys the interview from GH on BRR was given on the 8th June - so only 3 weeks ago tomorrow. He clearly states that the reason we haven't started at Scallywag is because we are still waiting for the heritage clearances.

Here is a transcript of the last few sentences from the interview...

"In terms of our other exploration activities at Scallywag, this has no impact there, we’ve got full right of access to Scallywag. We still need to get the heritage clearances done at Scallywag as everybody knows, they have been temporarily delayed by Covid, but it looks as though the situation is now easing up in Western Australia which is great news, so we hope to be out there later this year and doing some exploration there at Scallywag – this does not change our ability to operate there"

Have a listen again for yourself.

https://www.brrmedia.co.uk/broadcasts/5ede191a5e278421d06962ca/greatland-gold-havieron-mining-lease-application-agreements

There's probably a backlog of mining companies wanting to get these surveys done from over the last 3-4 months. We will hear from GH in due course - he has always kept the shareholders up to date with developments IMO.

ATB - Paddy