Member Info for AG1989

Didn’t make much of that interview if I’m honest.

Just basically what we already knew. Kirkland lake Gold just spent £1.6m acquiring land. I’d be very surprised, at this stage of Bailleston even entered their radars. In terms of assays, a resource, or a strong continuation of mineralisation at depth, we are very far off.
I’m hoping these next 4 holes deliver some good values and add HR3 as a real prospect along with blue moon and black cat. But as it stands, don’t read too much into the fosterville rumour

Even putting Tambo out of my head. We have drilling campaigns ongoing at 2 of our 100% owned projects. It is exciting, it’s a giant step in the right direction but the grades need to do the talking. Hoping for a couple of small width high grade intersections at Creswick, followed up immediately by another campaign.

The HQ in Bendigo sounds like it’s beginning to take shape which is good news.

Off who wales for the weekend.

Have a good one :)

Great RNS this morning (IMO)
- drilling on 2 fronts
- 4 holes of assays inbound
- internal analysis looks favourable

I can see the interest to start building again here. Creswick results can/could be a real catalyst.

Enjoy

Yeah, were are all here at the end of the day for one reason, invest and gain some handsome returns on your money.

I never want to see the SP drop, not for me, not for other investors and not for the good of the company. But I’ve tried to mellow out these Past 6 months. I’m finding it more of a healthy approach to put the near term antics in sp to the back of my mind, and focus solely on the direction the company is going. It may take time but once the company begins to develop as a serious player in the exploration space, the share price will follow.

Long before Anza is a mine, you’ll be rewarded significantly (IMO). Orosur provides an exploration service, apply yourself well here, the interest will grow.

After each set of results, I see director buys, I see more and more drills being added to Apta, I see high grades time and time again. Apta clearly has a healthy Gold system. A brilliant success and I’m sure in time we’ll hear some kind of JORC

But we plow on. The 2 majors will take control at some point and you’ll start to see real progress. I mentioned on Twitter, although the price has decreased significantly in the space of a couple of months, the progression in Colombia has continued to climb and rise. I can’t say the same for a lot of junior mining companies falling as of late.

This doesn’t need ramping up. The first target, you have grades 100g/t+, 200g/t+, 948g/t. The list goes on and on. Enjoy every second because for a very small market cap, we have a beast in the making :)

Soil samples and rock chip sampling can be an indication of the vertical strength of the Gold system, but there's no direct correlation. Oriole resources have surface sampling of 135g/t but the proof is in the pudding of the assays

Not totally sold on HR3 but I'm willing to be a lot more patient now. Internal analysis is looking strong so looking forward to the next 4 holes.

Interesting they're drilling 2.2km south of the last campaign at Creswick, if results prove favourable it could show a more broadly spaced mineralised deposit.

A good update and hope the result match

Same here. Accumulating at these prices, whether it holds or not? I'm not sure

But thinking beyond the near term 2-3 week Share price, this has an awful lot to offer

"COMMENCEMENT OF DRILLING AT CRESWICK GOLD PROJECT

In 2019 exploration drilling was undertaken at Creswick targeting gold mineralisation associated with quartz veins hosted in the Dimocks Main Shale (DMS).

The DMS is the hard-rock source of much alluvial and deep lead gold, with historical alluvial and deep lead production estimated at up to 2.5 million ounces in the Creswick/Berry lead system, and up to 11 million ounces in the entire Ballarat area, of which the DMS is a significant contributor.

A 2019 drill programme conducted by the Company tested circa 300 metres of the DMS trend, which extends over approximately 15 kilometres, 7 kilometres of which is covered by MGA’s granted exploration licence and two exploration licence applications.

MGA has engaged a contractor for a minimum of 1,200 metres of diamond drilling at Creswick, and the first drill hole in this programme is now underway. It is planned to drill around 10 holes from drill sites located on State Forest land within exploration licence EL006184.

The drill sites for the current programme are approximately 2.2 km south along the DMS-trend from those used in MGA’s previous drilling programme at Creswick in 2019, individual samples from which returned assays as high as 80.97 g/t gold over one metre (announced on 5 November 2019).

PROGRESS AT BAILIESTON GOLD PROJECT

As previously announced, drilling is ongoing in the Historic Reserve #3 (HR3) area of the Bailieston project using ECR’s own diamond drill rig. Assay results from the first four holes (BH3DD001 to 4) were announced on 20 April 2021. Assay results and final geological interpretations are currently awaited in respect of four further holes (BH3DD005 to 8).

Hole BH3DD005 has targeted the Maori Reef, and holes BH3DD006 and 7 have targeted a hypothesised central anticline (as discussed in the Company’s announcement dated 20 April 2021). Hole BH3DD006 was also drilled to test the Dan Genders Reef. Initial geological interpretation of holes BH3DD005, 6 and 7 indicates that the hypothesised central anticline does exist and represents a favourable target for hosting gold mineralisation such as limb-thrust type vein systems.

SOIL SAMPLING

MGA has received the results from laboratory analysis of 229 soil samples taken across the central and eastern part of the HR3 area. These results are currently being plotted and analysed in comparison with results from portable X-Ray Fluorescence (“XRF”) analysis. The laboratory results include gold values up to 3.75 parts per million (equivalent to grams per tonne). The results will help identify potential extensions of and potential undiscovered veins running parallel to known reef systems and further updates will be provided in due course as appropriate.

Last update they were on hole 6. Now 8 holes have been drilled. 4 lots of assay holes awaiting with 3 of them " represents a favourable target for hosting gold mineralisation"

OMI have recently deleted their twitter and parted ways with the company controlling it. I'm hoping this explains we are in a similar position and it's an external company controlling ours, something I'm hoping the company can get a handle of in the near future and start a more successful approach to it, especially with Creswick drilling commenced

DrR - if that's the case, it's an embarrassment but thankfully it will get rectified. Hoping they take control themselves. for a free service, the exposure a social media platform like Twitter can get you is pricless (if used correctly)

Even the less Tech savvy of people can spend a couple of hours getting to grips with twitter and make it useful.

AD12 I agree but at this moment in time, the SP flying isn’t even a thought that’s crossed my mind

Or getting sentiment back
Or getting the trust back in Craig

The only thing that matters is that Creswick drilling has recommended. Try and find some continuity to the previous drilling a few years ago. Like you say until those grades start to be delivered, this won’t go anywhere.

Today is positive news for the company. The second best thing to a JV is us returning there, sticking another 10 holes in - which may strengthen our JV position later down the line.
Hopefully, not holding my breath, but HR3 may start delivering good grades as well. Be interesting what they come back as. The last lot of visible gold (21g/t)didn’t really excite investors. Hopefully we get stronger widths this time.

Game on

Finally

A long way to go but drilling on two fronts now on 2 100% owned projects

It also sounds like the results from the latest Bailleston campaign are going to be favourable. Internal review delivered positive results.

Very happy.

Yeah, i just don't know anymore and i think you and Angoose are correct regarding the JV. It's just a bit of a leap skipping from JV talks being in advanced discussions to us returning there to prove it up a little more before a JV is signed. Puts an even slighter element of pressure on the upcoming campaign there. Fingers crossed they come up with the goods and get something signed. Combine this with the new licenses which will hopefully soon be granted and we can push forward

Personally, I wouldn't want them to. It's taken 3 years to sort out the additional Creswick licenses, years to sort Tambo out which is still ongoing, use the resources proving up what you have. Another project to stick 8 holes in and leave for another 3 years is not what ECR needs right now.

Operational update and progress on Creswick and MIDAs next location.

It wont happen and i know it's not on the cards, but I'd like MIDAS to temporarily join the contracting rig at Creswick, get a solid 3,500-4,000m of solid drilling under their belts, combined with the historic 1,700m and set themselves up (results pending) for a strong JV.

Yeah, if your looking for quick trades, there are catalysts all across the mining market you can jump on and wait for with the massive pullback recently. But if you want life changing gains 5-10X + on existing levels, I really think Orosur are onto a clear pathway here. The gains aren't made when it gets to production, the real gains are made now, the stupidly low averages and when the Gold keeps flowing through, the price follow continue to rise. But with these low averages, you need to factor in a fair share of risk

I'm in a number of those Bitcoinbuyer and in terms of baggers from its current price, I put OMI ahead of the pack. I never used to, I had ECR (Which i still really like and heavily invested in) but when you break down the historic drilling campaigns, their grades and widths don't compare to OMI, not on a continuous basis. They have a number of small campaigns across numerous targets with nothing with STEEL substance. That's what 2021 is for with ECR, get on the ground and prove up what you think is there.

You can run a company brilliantly, with finances, social media, presentations. But you can only beat it so hard until it all comes down to what's in the ground. You don't need Havieron style hits for transformational gains, but you do need high grade. At the minute, there's nothing in the junior exploration space that can compare with what Orosur have going on with Apta. Grades over 200g/t. 0.4m@948g/t, 70m@3g/t. Funded, 5 drill rigs, 2 majors on board. I like EEE and they're going to be on a pathway to production soon and will multibag from here, but it is very small scale in comparison

Not a cross ramp and there's money to be made throughout the junior exploration space, but for it's price, especially 15p, OMI is the pick of the bunch :)

Also an issue with the website now.

Takeover in the morning ;)

Just kidding but unusual because this doesn’t represent a social media platform issue, this is an internal issue. Twitter deleted. Website issues now.

Question for me, where to next after Apta?

La Cejita? If they get the go ahead here, you’ll see the buys flood in. That geochemistry anomaly map within the presentation highlights just how prospective of a target it could well be

If Anza was just a stop gap, get ready to be blown away when they stick a few holes in across Anza.

According to my Twitter, the orosur page doesn’t exist any longer ?

https://mobile.twitter.com/OrosurMining

Yeah exactly.

Think it would just bring a little bit of life back to the company. Plans moving forward. Campaigns at Creswick, Bailleston, Tambo. Ongoing plans to build a lab at Bailleston.

Would be appreciated. He didn’t drag his heels with the drill at Bailleston, just hoping he follows suit and Creswick drilling is imminent. It would be a welcome boost.

Apta **

“Apart from drilling at APTA prospect, work commenced on regional mapping and sampling across the wider lease holding”

These samples may not be directly Core samples linked with Apta drilling, but general sampling practices undertaken and sent off to the labs. Companies can send these kind of soil and rock chip samples off in their hundreds and thousands.

By completion of the last hole, I take it we have 7 holes to report from Anza which is exciting on its own.