Member Info for Bamps21

The Juri jv has a big question mark hanging over it in my opinion.
An obvious thing that might happen is NCM walking away from Paterson Range East but requiring a 1% royalty.
The same has happened to Antipa jv recently.
NCM walked away from Pacman which is the licence adjoining PRE on the North side with a 1% royalty.
Newmont might not want all these jv and want to clear up their combined portfolio.
Everything looks to be in play at the moment till the dust settles

Whether we end up buying Telfer or not and the rest of Havieron.

Next drill results
I’ve plotted the drills on the graphics
https://ggpchat.co.uk/viewtopic.php?p=4125#p4125

We’ve seen half a dozen of these from the Mar update.
Most are either going SW to NE or vies versa .
Apart from 2 all are in the orebody and are deep.
There looks to be a bigger drill so we should be getting deeper results and probably fewer as they take time.
133W10 looks interesting going North to South the way Shaun told us they were going to start drilling into the SE crescent but deeper.
152 looks as though it’s in this zone from way out to the SW.
161 is interesting nothing spectacular but an intercept 50-100m outside the ore body, from there it heads off into the northern edge of the body but it seems the ore is low grade there

I just signed it
Interesting map
2412

Hi Peter
Sounds like it

This is why I rate Pearl (+A35)as the second target we should be focusing on ahead of Rudall.

Hole A35RD001 targeting the A35 Prospect conductor intersected 2m @ 2.04g/t Au from 70m, within a mineralised gold halo of 12m @ 0.48g/t Au from 69m noting that the interval contains wet samples and immediately precedes a missing sample. Significantly, anomalous bismuth and other pathfinder geochemistry is associated with the intersection.

That’s in the far east of those 8 holes that have been pre collared, so they’ve found gold before they’ve diamond drilled to reach the target.

Then going back to Pearl in the west where 2 of those pre collared holes are waiting
“Anomalous gold, strong silver and copper plus pathfinders identified while testing a conductor at the Pearl prospect (PPDD003) include:
- 1m @ 1,364g/t Ag and 0.35% Cu from 76m (remains open at depth)
- 1m @ 0.76g/t Au and 109ppm Bi from 251m
- 1m @ 0.1% Cu and 22.6ppm Bi from 418m
- 1m @ 50.9ppm Bi from 65m”

https://ggpchat.co.uk/download/file.php?id=1200&mode=view

Pearl’s 2 holes will be targeting the largest conductor found to date
Pearl PD003 needs to be extended to reach its target after difficult drilling conditions where they found that large silver grade.
A lot to do here this year , a lot to find.

Hi Stellabob
For Pearl see here:-
https://ggpchat.co.uk/viewtopic.php?t=195&sid=d97fa124c135ec5d31535f30225a1366

Hi Jiffy
I know people don’t understand cut offs I’ve seen the look on peoples faces :))
The 18m had a cut off 0.1 g/t used so anything below that wasn’t used which can include waste rock upto a 4m max.
We have an 18m strata mineralised mainly in veins.
Within there’s a high grade section which they’ve included to give an actual grade of 22g/t average over the 18m.
To eliminate the smearing they’ve used a high cut off of 10g/t so anything over 10 wasn’t included in the average of 1.04g/t over 18m.

The Eastern breccia at Havieron starts at about the same level and drill 84 had an intercept 342m @ 2g/t, it’s cut off was 1g/t, so any high grade pods along the length had little effect on the average.
The drill at Ramses wasn’t big enough to go any further so we only have 18m to average a grade the 393g/t would have a dramatic effect on the average.

We have a great hit with gold mineralisation accompanied by bismuth and ****nic, these 2 always a sign that gold may be within them.
There was a little copper and silver maybe suggesting sulphides are around.
The important thing is or the difference between Ramses and Scally is the high grade occurrence, not seen this yet at Scallywag apart from the exciting 1300g/t silver.
The high grade is indicating a source close by, to me with a bullseye feature it looks lower down. The consultant is saying a 500m oval cylinder.
They never went back to Goliath but they want to go back here.

Hi Bojo
Thanks for putting up with my ramblings.
I’m afraid you will have to put up with my brain clicking over, I hope what comes over is useful.
Will try to speed up but doubt it some how.
My presentations are quicker I think but never heard them personally.
I might be the only one enjoying myself :))

Hi Noobz
I heard someone saying about having a plant at Havieron, I have to say there isn’t the room for a tailings lake,plant and all the waste rock dumps. The main thing is there isn’t a straight route between Rudall and Havieron without building a new highway odds are Rudall ore will hopefully be processed at Telfer.
The track from Rudall goes between Telfer and Scallywag and has caused a planning issue at the crossing.
I’ve been joking they need traffic lights :))
Where am I going with this ah yes, financially makes sense for the second target to be Pearl, I really believe there on to the source or very close.
Third would have to be Blackhills

A drill at Pascalle this year to find conductors there would be beneficial.
All while surveying Rudall and remodelling for next drill campaign.
In other words conserve funds but keep exploration ticking over.

Hi Bojo
Being a bullseye feature with coincidence of gravity and magnetic surveys has a better chance of success.
I know when a few of us met Callum he said it was his favourite outside of Havieron.
He told us the surveys were inconclusive cos it was deep but he suspected that it could be shallower.
I take it he knew something of the 2 unconformity levels.
We still don’t know whether he’s going to be correct, more work to do.
The size of the bullseye the white area is about 1500m diameter and the red area 2500m
We haven’t been given at what level these surveys are and can only guess with the surveys limitations.
Some of these surveys they’ve used on it are knew to me and shall be swatting up.
When they were at Goliath they had 2 drills one was vertical the other dipping at an angle to meet the base of the other, so I could work how deep Rudall was heading, which I thought was around 850m deep but turned out to be 924-942 so I wasn’t far away with that guesstimate.
Havieron is special special, I’m not looking for those sorts of grades again so this was still a great result.
People’s expectations should be toned down

This drill result has probably opened up more questions than answers.
We always knew it was going to be deep from what Callum mentioned, although he was expecting it could be shallower.
I can tell you he sounds excited by it.
The grades are what I was hoping/expecting to be around.
The steepness of the drill looks as though it put limitations on the length and this prevented a longer intercept being recorded.
From the section they produced, the drill looks to have followed the strata vertically in the fold until it couldn’t go any further.
Questions for me is the gold cluster in the top of the fold or is it throughout the strata? it’s definitely in veins.
Is it a sill or is it a granotoid from below?

We know it’s in a bullseye feature and the ground survey results are very similar to Havieron. The consultants are/we’re expecting a 500m oval cylinder similar again to Havieron.

An excellent drill result for a very deep drill, next steps to do a downhole survey and produce new modelling to identify conductors for future drilling, we’re not quite on target and those anomalous other minerals will vector towards a possible source.
That high grade gold has come from somewhere.
In my opinion being a bullseye feature probably from underneath.

For all those that think this is too deep, well it may be for a Decline but not a hoist/shaft. Some South African mines are very deep in comparison by shaft.

The track from Punmu to Telfer runs through Rudall and crosses the new road from Telfer to Scally which has caused planning issues. The ore is not going to go to Havieron, too many sand dunes to cross, new highway to build.

It does actually tell you in the RNS
“If the peak Au grade of 393g/t Au is cut to 10g/t Au; the interval becomes 18.25m @ 1.04g/t Au.”

Hi Noobz
We don’t actually know which schedule he was referring to, it definitely could not have been the original.
I did try and ask the question but that nut job got in the way with his negative questions and was then ousted.

First Ore date was first mentioned in the PFS Oct 21 with 50,000ton of plant feed in the H2 FY2024
Next mention in Ggp MRE update Mar 22 with 70kt of plant feed in FY 24
So both have stated plant feed by Jun 2024.
This hasn’t taken into account any delay in the Decline.
My timeline in the last post seems a realistic target date.
I’m still expecting an acceleration in the progress by increasing the gangs on more faces as it nears the ore body.
7-8m per day is not enough to hit those targets. It would be an exceptional achievement to hit with same labour force.

The 50-70kt first Ore is going to come from infrastructure to the Western and Eastern fronts and for fan drilling above the Northern corridor, some of this maybe weak grade especially from the Eastern breccia.
First main production has still another 500m of Decline advancements to get to it.

Reaching the ore in Feb/Mar 2024 does not mean production.
Infrastructure will be bringing ore out for stockpiling in the ROM stockpile, this may continue for at least 3 months until there is enough coming out to warrant a contract to transport it to Telfer, where it will be stockpiled again.
A lot of test work and experimentation with the will take place when the ore reaches Telfer.
Copper concentrates and gold Dore are produced first.
There has to be enough gold Dores produced before they are sent to Perth Mint where the first gold will be produced.
This probably will be at the end of 2024.
The copper concentrate will also be stacked I believe and shipped by wagon to Port Hedland for export mainly to Japan.
Early 2025 for that I would have thought, depends if the ship is all Telfer concentrate or not

GGPL
Greatland Gold Potash ltd
:))))))))

Underground water course see here:-
https://ggpchat.co.uk/viewtopic.php?p=4106#p4106

Hi James
I don’t want people thinking I’m rubbing salt in the wounds :))
SXX had an asset that they tried to go it alone, when I realised they weren’t going to be able to cope with it I got out with a tiny profit.
That product was the case of mining a rock deep in the ground and then the transport and processing miles away.
Large Capex and time to build infrastructure.
Potash from Brine is different it’s mined by sucking up the brine and processing on site and then trucked to port in large 1 ton bags. Just needs renewable energy, plenty of sun.
The potash from brine can be replenished over time or large salt pans can be formed to farm it like at Newman.