Member Info for PaddyGall

Just reposting the link to the updated 3D model of Havieron with the new holes added for anyone who missed it last night.

https://corebox.net/properties/havieron/main-zone

GLA - Paddy

News is definitely getting around now

https://stockhead.com.au/resources/gold-newcrest-hits-build-paterson-excitement-red-5-acquiring-goldfields-deposits/

GLA - Paddy

Yes Timid,
Especially when RIO have the Budjidowns tenement to the North of us and the West of Armada - They would have tied that area up nicely if not for the quick thinking of ARV. It's a shame that GGP didn't get in there but we've got Scallywag & Paterson Range East to keep us interested aside from Hav.
Like I said before on the 24th October GH said there were 15 holes in various stages on completion and we've only had 4 complete & 2 partials today so lots more in the pipeline.
Only a two/three week break over Christmas and all guns blazing again in the New Year - I couldn't care less about the SP today - This is going to be HUGE....

Look at this release from Artemis earlier in the year - GH has said the mineralisation is trending NW. That structure that heads from the Artemis boundary towards Havieron is right on trend.

https://hotcopper.com.au/threads/ann-paterson-range-arv-defines-3-new-gravity-targets-at-armada.4696489/

Looking forward to the interviews this morning.

GLA - Paddy

Based on results to date, the trend of mineralisation appears to be heading to the north-west. In order to test the extent and continuity of the interpreted mineralised trend, Newcrest has recently changed the orientation of drilling from E-W to SW-NE.

Looks like it's following that tend North and night even extend up to the Antipa boundary - that's 2.5kms away

GLA Paddy

Information overload alert

New satellite image is available - 2 more drill pads to the north of the last one we saw 5 days ago.

It's a whale and an elephant all together.

https://apps.sentinel-hub.com/eo-browser/?lat=-21.71729&lng=122.65541&zoom=15&time=2019-12-02&preset=2_FALSE_COLOR&datasource=Sentinel-2%20L1C

GLA Paddy

There's been a few tweets from Primorus this morning but I like their latest one

Drilling increasing at Havieron from 6 rigs to.....a carpark out there?

Amazing results and importantly extensions to this enormous Gold/Copper system

Well we suspect that’s Telfer sorted for another 10+ years anyway!

Top work @NewcrestMining @GreatlandGold

Seems they are pretty excited also - be interesting to see if we get another broker note (that we can't see) from Numis

GLA Paddy

Have you guys seen the tweet NCM put out -

Our Havieron drilling returns are out today with high grade results. Drilling is set to increase over the first half of FY2020. #ausbiz $NCM @GreatlandGold

It's makes sense now the update on infrastructure on site @ Havieron now and the talk of the future core yard - how many rigs will be there in January - I guess we might find out in the GGP RNS in 20 minutes.

Cheers Paddy

The media are already getting hold of this. Probably drop to 1.5p tomorrow lol.

G night all - Paddy

https://www.miningnews.net/resource-definition/news/1376887/more-high-grade-gold-out-of-havieron

It will be an interesting RNS from GGP in the morning also - they tend to put a bit more flesh on the bones. The NCM market updates are very much the drill results and not much more.
Very interesting also that NCM have released the results much earlier than the halfway point between the quarterlies but the day before our AGM. In my opinion this shows they have a good relationship with GGP and were happy to release the good news to help GH out IMHO.
GLA - Paddy

Well we now know the reasons why NCM are putting in the infrastructure on site - They only intend having a month or so off from drilling (mid December to early/mid January).
Remember in October there were 15holes in various stages of completion and we have had full results for 4 and partial results for 2 - there's going to be a whole lot more results coming our way in the not too distant future.

Gonna be hard to get to sleep tonight - keeping an eye out for the satellite update also.

GLA - Paddy

Still trying to take it in TBH BTB - I think they are outstanding again - infills and step-outs hitting mineralisation.

HAD019 found nothing and was in the same area as HAD016 - that makes the 2 holes that they are drilling to the SW very interesting to me - perhaps they think there is still more to find to the south but it's a lot deeper so they need to come from the West back to the East. If those 2 are barren then I think the south will definitely be closed off.

HAD023 is miles north and really stands out in the 3D model - and it's still hitting decent grades & intersections. On one of the more recent satellite images there is another hole 200m further north than HAD023.....

CC - I can do better than that - it's updated now.

https://corebox.net/properties/havieron/main-zone

Click in to have a look at Havieron in all her glory (up to now) - Paddy

My daughter is in a show at the local theatre. It's just finished and I've checked my phone - can't wait to get in home and read the details.

Happy days - Paddy

Nice one Jerry - I was hoping to make it but work commitments have got in the way.
I think there will be plenty from here and ADVFN going but the more that can ask pertinent questions and post here the better.

Cheers Paddy

Agreed BTB,
Havieron is going to keep Telfer economical for the foreseeable future - they won't only be processing Havieron ore, they can blend it with the remaining lower grade and still probably reduce the AISC by half or more.
That means they will use less high grade and keep Telfer operational for a lot more than 10 years.
If Black Hills, Scallywag and PRE come up trumps (or even just one of them) then the sky is the limit.

Sandeep will be the toast of NCM - they need this as much, if not more than GGP. Timid highlighted a report by Macquarie the other day that has downgraded NCM's target SP from their current $30 to $23 because of concerns over their future cash spend and depletion of reserves.
It's little wonder they are going hammer & tongs at Havieron and I think they will be quite happy to play ball.

GLA Paddy

I'll be voting wait all day long Steve - don't get me wrong 10p tomorrow would be fantastic but real life changing gains are but a couple of years away. I'm happy to wait for the next Telfer - Paddy

It shows how far we have come in 12 months but I think I'd be disappointed with ONLY 3Moz.
I'd be delighted with anything over $100 per Oz.

Watching out for any new drill holes on Monday mornings satellite image.

GLA Paddy

Now you're talking Ipad - 10p per share for our 30% would be most acceptable especially if Scallywag & PRE throw up some more tasty drill results.