Member Info for PaddyGall

Wow - just checked in and that's got to be the lowest volume that I've seen traded in the morning for a long time.
Tick tock......
GLA Paddy

Agreed that we could do with more technical input from any experienced engineers.
It could be that they want to prove as much HGZ as possible to allow for the dilution of the lower grades - they still used 0.2g/t as the cutoff in the table of results at the end of that report. Like I said if the overall grade at Cadia is only 0.36g/t then even zones that are less than 0.2g would be brought up in average by the HGZ's.
All only guessing on my part though.

Cheers - Paddy

It seems that we are not in isolation on AIM with the market issues surrounding junior mining stocks.
This article was posted on the GGP.L board on CEO.CA this morning.

https://www.newsfilecorp.com/release/49806/Junior-Mining-Sector-Responds-to-Predatory-Short-Selling-Launches-Save-Canadian-Mining

Maybe a similar initiative needs to be launched here in the UK.

GLA - Paddy

Timid,
I hear what you are saying about the higher grades and of course that would be the ideal scenario but looking at the annual report on page 28 - Mineral Resources & Ore Reserves, Cadia East Underground has 2,900M tonnes @ 0.36 g/t and Newcrest can block cave mine that for an AISC of $132 (FY19) - from September Quarterly Report.
Obviously we would be looking at a higher AISC as we need to put in the infrastructure, transport to Telfer, etc. but I still think they could make a bulk mine operation very lucrative @ Havieron especially if they can get their ore sorting technology perfected - this means they could sort the ore as it is extracted from the ground and only transport the higher grades for processing at Telfer.

GLA - Paddy

TomE
Probably right - still with Fraser there it's a pretty high ranking delegation - I'd love to know when it was taken.

Cheers Paddy

Volvic posted last night about the photo on the following link

https://www.miningnews.net/events-coverage/news/1375566/another-year-of-drilling-ahead-for-newcrest-at-havieron

Just looking at the photo again this morning - it's definitely Gervaise & Callum and the older guy in the front is Fraser MacCorquodale - General Manager Exploration Newcrest Mining Limited.

Volvic reckons the other one is SB (Sandeep Biswas) - what do you guys/gals think?? it's possible but his face is partially obscured by Fraser.

Cheers - Paddy

Christophe,
I've started posting my links on Twitter now as well as here and today GH has started following me on Twitter so I guess he is aware of the satellite stuff that we have access to now.
I think GGP will be kept up to date by Newcrest of drilling progress - I dare say that GGP may even have someone on the ground all the time at Havieron. I noticed a while back that nearly all the RNS's that GGP put out now have Mick Sawyer as the competent person which might mean that CB is freed up to spend more time at the jewel - at the end of the day GGP still own 100% of Havieron.

Caption Comp.
"What do you mean - it's full of diamonds as well"

GLA - Paddy

Reddirt posted last Tuesday

"Nice pic of GH and CB :)"

I couldn't think why at the time and forgot to ask him the significance - then I spotted this article today.

https://www.miningnews.net/events-coverage/news/1375566/another-year-of-drilling-ahead-for-newcrest-at-havieron

There's our intrepid duo dressed in Newcrest gear checking out the drill cores on site - looks like they are keeping a close eye on proceedings.

GLA - Paddy

Hi CB,
We spotted the new hole this morning here and looks like there may be up to 6 areas cleared and prepared for drilling in that area - check back through the posts from earlier.
Cheers - Paddy

Timid,
Did you read the report I linked to yesterday by Ming Gold from 2015?
Lots of references to Scallywag in there and some interesting images showing the magnetic responses and the historic holes.
I posted links to it on Twitter also and had a like from GH so I'm assuming that he's seeing the satellite info as I'm posting on there also.
Looking forward to the next Newcrest update hopefully in December. If not there will be a lot of results to sift through in January for the next quarterly.

GLA Paddy

Timid
I think that those features are the dunes that run in those directions - might be wrong though.
If you look at the regional aeromagnetics image it shows the black dotted structure line running through Havieron in a slightly South/East direction.
https://greatlandgold.com/wp-content/uploads/2017/06/PatMagTen-_with-BH_06-11-17.jpg
It will be interesting to see the direction of these new drills as you say - I'm presuming they will go directly East and IF they intersect they will keep stepping out South.
Cheers Paddy

Could well be Jerry - It's hard to discern in that area because the vegetation seems to be quite sparse there anyway.

GLA - Paddy

Guys & Gals,
New Satellite image available on the Sentinel Website this morning.
Definitely another drill pad has appeared in the SW over the last 5 days and it's looks to me like they have cleared another two areas ready for drill pads to the North West.
If you look in line with the 2 existing ones then you can just make out two cleared areas.

https://apps.sentinel-hub.com/eo-browser/?lat=-21.72379&lng=122.65188&zoom=16&time=2019-11-17&preset=2_FALSE_COLOR&datasource=Sentinel-2%20L1C

GLA - Paddy

jamesl91,
GGP acquired the Havieron license from Pacific Trend Resources in July 2017 - see RNS link below.
https://polaris.brighterir.com/public/greatland_gold/news/rns/story/r7e19zw
It seems Ming Gold is not trading anymore but interestingly Sam Garrett who was Director of Exploration at Ming Gold is also the Managing Director of Pacific Trend Resources.
https://www.linkedin.com/in/sam-garrett-aa087121/?originalSubdomain=uk

He is obviously well known in Aussie gold mining as he was appointed as a NED to ECR Minerals in February 2019.

I doubt if those holes were ever drilled (they probably couldn't raise the money required) and it looks like GGP just happened to come along at the right time - it just a shame we didn't get the other parcel of land between Havieron & Paterson Range East also.

Cheers - Paddy

Just check the post I did yesterday evening.
Can't say for certain but hoping before the 15th December.

Guys,
I've been poking around on the WA mines website and have found some more recent reports that were logged for Havieron, Scallywag and Paterson Range East. It is dated 2014 and is by Ming Gold Ltd.

https://drive.google.com/file/d/1HmKYUUqGdxne9Mw_JDBbJDvi5AnV8sAK/view?usp=sharing

There is also an Resource Assessment Report included with this report.

https://drive.google.com/file/d/14w-NFrPgvo92xwoLJNdDaAunJUfe7pzw/view?usp=sharing

It makes very interesting reading but there are a couple of points to highlight. On page 2 there is a paragraph called results that says the following-
"Drilling at the Havieron confirms the mineralisation potential of the magnetic anomalies with a potential for up to 2MOz Au deposit estimated within the confines of the existing drilling"

Bear in mind this estimate was purely from the historic Newcrest drilling before GGP had put even one drill in the ground.

On Page 12 there is a regional magnetics image that shows Havieron and the other targets in the region. Notice Scallywag to the West of Havieron (Untested) and all the targets in the Paterson Range East. The other ones Budgiedown, Dekka and Untested are the ones on the RIO ground that GH referred to in the recent interview saying he wished he had more ground in the area.
Scallywag is mentioned in the report multiple times.

Section 7.4 Resource Estimation on page 15

"Between 1990 and 2003 Newcrest completed 6 diamond holes at Havieron of which 3 intersected
significant anomalous Au-Cu over intervals of up to 100m. In plan view these three holes form a
triangle of mineralisation with each hole spaced approximately 300m apart from each other.
Independent resource experts, Hellman and Schofield, were commissioned by Ming in 2012 to review
the Havieron drilling data and report on the resource potential of the project which Newcrest referred
to in an internal report as a “Newcrest-sized corporate target”. Hellman and Schofield reported a
“geological potential” of up to 2 Million ounzes of gold within the area confined by the three
anomalous holes –HAC9102, HAC9201 and HAC9502. All 3 holes intersected the magnetic
anomaly. Hence drilling the northern two-thirds of the magnetic anomaly has the potential to
significantly increase the size of the Havieron resource. "

And check out the Section 8 Results & Section 9 Conclusions & Recommendations - Look at the size of the magnetic anomaly at Scallywag on page 17.

Happy reading Greatlanders - Paddy

Newcrest Quarterly Update - Thursday 25th July
Newcrest Second Update - Tuesday 10th September - 47 days between
Newcrest Quarterly Update - Thursday 24th October - 44 days between
Newcrest Fourth Update - ?????
Newcrest Quarterly Update - Thursday 30th January - 98 days between

If Newcrest stick to a similar time scale then I would expect the next set of results sometime in the week ending 15/12 with somewhere between 20-30 results - it's gonna be epic one way or the other.

GLA - Paddy

Timid - some of the later satellite images also show another drill collar about 100m to the East of HAD016.
It will be interesting to see if that one also goes over the top of the cylinder - If it does then the chances are that the body does plunge "steeply" and that is why they are now targeting that area at depth with drills from the West.
Hopefully that one out East will pick up the top of the cylinder at least.
I'd love to see some of the live data that the Newcrest geo's are looking at every day.

GLA - Paddy

I have tweeted Andrew Scott to ask him if Proactive can do a summary of the last Numis note in the same way that they did when Numis first initiated their coverage of GGP.
He has replied to say that he is happy to ask - We'll see if anything comes of it.

https://twitter.com/AndrewScottTV/status/1195301069821284353

GLA - Paddy

I like the sound of that bit that says he won't be surprised if Havieron exceeds expectations - well my expectations are 100Moz so I'll be chuffed if it exceeds that lol.
Seriously though - more positivity with the caveat of time to prove the resource up - all looking good.

GLA - Paddy