Ggp licence E08/3652 is attached on the north to Cauldron’s licence E08/1501, which is in the Yanrey Uranium Project
https://www.ggpchat.co.uk/download/file.php?id=2104&mode=view
Hi Spades
The actual strike length of the Mangaroon licence is 17km , the gold target they’ve just looked at is short.
There’s an airstrip to the Southeast and a new processing plant planned to the east.
Ggp licence to the north straddling the road has Uranium deposits to the north side found by neighbours.
https://www.lse.co.uk/news/supply-risks-fuel-uraniums-flight-to-more-than-16-year-peak-mpeugfi3rndtt73.html
This is just a maintenance issue, a big one though.
If the dam does collapse the tailings are not likely to go far they will just slump not flow for miles.
Wet tailings are pumped into the centre and excess liquid is syphoned off cleaned and reused, leaving behind a stodgy mass that dries out in the heat of the sun.
If you look at the satellite images there’s a huge shrinkage crack in the tailings heading for the area in question of the dam. The area in question would have been monitored very closely over a number of years maybe the last 4 or 5 as processing weak ore causes more waste and filled the dam up quickly.
Where the dam is cracked the low side of the dam is a new tailings area being developed this is where Havieron tailings will be placed as plans to raise the dams will be carried out at some point.
High grade gold found near surface on Ggp’s neighbours Mangaroon licence.
https://announcements.asx.com.au/asxpdf/20240122/pdf/05zm25kbp75llx.pdf
https://www.ggpchat.co.uk/viewtopic.php?p=5164#p5164
Hi Spades
It’s not changed much in 10 days since last image, the ponds are filling but looks like at a slower rate.
The temperature did get to 47C but it has been cloudy.
With a pump you would expect high levels to start with then a gradual drop off in volumes.
Must be a lot of pumps to get the water up from those depths, there maybe some additional sump ponds on the way up.
Https://www.ggpchat.co.uk/viewtopic.php?t=777
January 20th evaporation ponds still filling but at a slower rate
As the sulphides are traced lower and lower in the SE crescent I’m expecting the sulphides to change to a more nickel/ cobalt based rather than copper.
Nickel is normally located nearer to magma sources if they’ve come up from depths, cobalt is more associated with nickel.
Nickel is the second most common in the earths core but only the 22nd most common element in the earths crust.
The cobalt plant is located next to a nickel plant just south of Perth
Https://www.proactiveinvestors.co.uk/companies/news/1035005/cobalt-blue-explains-refinery-strategy-and-potential-iwatani-partnership-1035005.html
WA ramping up there processing potential
Hi Taverham
It was cloudy on the 15th next satellite will be the 20th, we will be able to see if the ponds have changed much, they hadn’t changed much on the 5th and 10th Jan.
This suggests the pressure has gone. I’ve heard they’re not starting again till March but I’m assuming the vent works are continuing.
I’ve posted a lot of the graphics
https://www.ggpchat.co.uk/viewtopic.php?p=5132#p5132
Hi Sab
I’m getting excited about my Ggp shares coming from Starvest, going from sticky hands into more sticky hands 🙂
The other shares in the Starvest deal also look interesting with a Newmont exploration deal.
Exciting times ahead
Https://www.ggpchat.co.uk/viewtopic.php?t=859
Showing the crescent going down deeper
Yes unbelievable!
Every time there’s news of Warrantina this old chestnut comes up.
F l y n n gold have nearly all the licenses around this area, they have all the relevant experience and local knowledge to move this licence forward to production way quicker than Ggp could.
This is a small licence it has a lot of targets over a long strike. Each target may produce thousands of ounces not millions.
Total fallacy that it will pay for Havieron that’s total bo…..s
Could be 5 years before it starts producing
Well from the data posted recently it looks like we have a large short position by a new company to Ggp. They’ve been shorting other companies not related to mining, it looks as though they won’t be here long. Their forays into other stocks have shown a steep drop followed by a sudden rise, so I’m expecting the same here.
Why?
Well the data is showing nearly all the PI nominated account holders have been falling these last few months. These do include 100,000 of my shares that I sold to buy Starvest, where the deal was to close the company and give back to shareholders 1.33 Ggp shares for every Starvest share. These are due in January. I can’t be the only one who’s done this, so expect a rebound of increases into the nominated accounts. I certainly will have more than I had before, for no outlay.
Shorting at this point seems really daft to me with this Starvest deal coming that firm should do a bit more research by the look of things.