Member Info for ART123

As I said I have been following this share since it listed 3 years ago and this is the first hint of any success with their exploration and even this appears to have taken the management, including Sam Garrett, by surprise. Is there any sensible reason to suddenly declare this a potential 100 bagger, etc? No, not at all. All we have so far is 20 metres of good grade copper and high grade silver but 20 metres is not a lot and nor is silver anyway as attractive as gold.

"This is shaping up to be a once in a lifetime share" is another silly statement, as are the comparisons from various posters with SOLG and GGP, where the drills were extending for hundreds and even a thousand metres in the high grade pay. This in just 20 metres in a 100 metre drill.

Personally I have been following this share since it listed in January 2022 and for the first 3 years they had very little to show for their efforts even with Sam Garrett's competent leadership so I believe a certain degree of caution is in order.

Yes I apologise, I didn't need to use the word "ludicrous" in my post. That was unnecessary. I just felt that you were a bit over-rampy.

I am not worried. I was just posting a response to JonBoost's ludicrous post. As I posted, Hole 7 has more visible copper mineralisation than Hole 1 but several of the holes have considerably less.

No, "hole 1 wasn't supposed to be that good" so that doesn't guarantee that the remaining holes are all going to be "that good". Some might only be as good as what was expected - but then some might be even better. Hole 1 assays were released as a single hole and not as a batch. I think a 12-day delay is quite long enough and more assays should be released asap.

Hole 7 may look good but several of the holes look far from exciting. Hole 2 for example only has "4.3m of visible copper mineralisation" and Hole 4 has even less with just 3 metres. Also Hole 9 only has "12.6m of weak visible mineralisation".

"All holes intersected copper mineralisation and a summary of the visual mineralised intervals includes;

CNG25 DD001: 20m* of visible copper mineralisation from 27.00 to 47.00m

CNG25 DD002: 4.3m* of visible copper mineralisation from 38.90 to 43.20m (off-set by dyke)

CNG25 DD003: 18.8m* of visible copper mineralisation from 36.60 to 55.40m (thickening with depth)

CNG25 DD004: 3m* of visible copper mineralisation from 28.70 to 31.70m (off-set by dykes/faults)

CNG25 DD005: 23.5m* of visible copper mineralisation from 32.90 to 56.40m (thickening with depth)

CNG25 DD006: 8.6m* of visible copper mineralisation from 124.40 to 133.06m

CNG25 DD007: 32.3m* of visible copper mineralisation from 87.00 to 119.30m

CNG25 DD008: 21m* of visible copper mineralisation from 4.5 to 25.5m

CNG25 DD009: 12.6m* of weak visible mineralisation from 44.3 to 56.9 and 4.7m* from 109.3 to 114m"

Also it looks to me like they might be struggling to match the results of Hole 1, or that they are waiting for assays to match Hole 1, as it is now nearly 2 weeks since the assays for Hole 1 were released despite this being a quick and continual drill. Why the delay?

Can someone who follows this share more closely than I do please confirm that XTR have the funds to complete these 2 drill campaigns from the proceeds of the sale of the Manica goldmine. Cheers in advance.

I see that the previous drilling at Silverking was carried out by Glencore (their local subsidiary).

This prospect sounds similar to that recently drilled and assayed by GSCU in Chile. They drilled into a previous open-pit mine and found above-average copper intercepts (20m @3.5% CU), which has revitalised their share price.

Here XTR are starting with a bigger length and even higher grades - historic Peak Silverking reported drill intercepts including 50m @ 5.47% Cu in borehole SVKRC002 from 55m to 105m depth. Notably "the hole stopped in mineralisation. Mineralised intercepts peaked at 52.2% Cu over a 1m drilled interval".

Any such drill results here will similarly revitalise this share price.

Rome Resources Plc (AIM: RMR), the DRC-focused tin and base metals explorer, is pleased to announce assay results from drill hole MADD018 at its Mont Agoma prospect, confirming a 62.25m cumulative higher-grade zone at 0.61% Cu within a broader 148m intercept averaging 0.35% Cu.

Okay, but a bit average - certainly when compared to the recent GSCU assays.

And why is it that the previous drilling at Mont Agoma - "previous drilling at Mont Agoma has returned significant results including 41m at 3.52% Cu, 90m at 4.17% Zn and 25.4m at 13.97% Zn and 14.15m at 57.74ppm g/t." - was so much better.

I was expecting more along the lines of 3.52% Cu rather than 0.61% Cu.

Why don't you get your facts right before you post. Yes, that was September 2024, and they then secured an investment for "£780,000, before expenses, from two new private investors and the existing majority shareholder" as announced on 7th November 2024. See link below:

https://www.lse.co.uk/rns/GSCU/gsc-secures-16308m-to-expand-exploration-in-chile-uq33hekn0od6yxh.html

There must be a fair chance of a re-rate here as further assays are released over the coming days if they are all much the same as these are very good grades. Maybe 3p/4p is possible or more.

9 holes have been completed, all apparently hitting similar mineralisation, with today's assays being just the result for the first hole. This is a great improvement on any previous drill results for the area.

Just a shame that must have been recorded a day or two or three ago so the podcasters and their mates had inside info so it is no wonder that the share price has been rising for the last few days.

Alphamin grades at these depths are irrelevant. The fact is that all of the high-grade tin intercepts at Alphamin were in the 350m to 500m zone. Most of the RMR team know that as they were in charge of Alphamin at the time so why don't they just drop a hole at each prospect to 500m so they can see if they have similar grades at depth. Without the super-high tin grades this becomes just another prospect and not a world-beating opportunity.

Posters here expect a rerate just because RMR have drills on the ground but it doesn't work like that. They need to hit the high-grade tin intercepts, which as outlined in my post of 31st Jan 2025 with assays from historical 2016 and 2022 drilling at Alphamin, are clearly in high single or double-digit figures.

Yes, but unfortunately RMR are not looking for copper and with the price of tin 33,677/USD/t and copper a mere 9450/USD/t it is easy to see why.

Unfortunately, despite the rampy "High-Grade Tin Intercepts at Kalayi" header, these grades - 3.3m at 1.77% Sn from 96.85m; 5.7m at 1.35% Sn from 147.90m; 9.5m at 0.60% Sn from 126.45m - are little better than the previous assays from either prospect which, as with today, have done little to move the share price upwards.

More work, and a lot more drilling, are required before this becomes an exciting prospect.

CRCL haven't even exercised the option as yet and they won't until the second workover well is done and then both workovers are monitored for continued production figures.

Geraldine Geraldo, Corcel's Chief Commercial and Strategy Officer, commented: "Our focus now turns to further evaluating the IRAI opportunity through the second workover well and other ongoing studies. Should we decide to exercise the option following the results of the next workover and a final investment decision, this will mark a significant milestone for Corcel: revenue from gas sales."

Challenger Energy Group PLC

Sale of Trinidad and Tobago Operations

Challenger Energy (AIM: CEG) is pleased to announce that it has entered into a transaction for the sale of all of the Company's remaining business in Trinidad and Tobago (the "Transaction"), for a total transaction value to the Company of $6 million (which could increase to up to $8 million under certain future production criteria). The Transaction represents a complete exit of the Company from its operations in Trinidad and Tobago, including from all liabilities and potential exposures associated with those operations.

Does anyone know what flow rates are expected from these Australian Queensland oil drills assuming they are successful? I have searched the other companies mentioned but I've not managed to find any flow/production rates. Maybe the figures are somewhere and I have missed them. Cheers.