Member Info for Bamps21

This is an interesting talk by GH on Ernest Giles east from 16th May 2017 relates with the renewed licence from 30th March 2021
https://www.share-talk.com/greatland-gold-plc-aimggp-ernest-giles-east-new-licence-application-podcast/#gs.wlurbu

Thor issued news on Ragged Robin 30th March mainly concerning lithium
How close is it?
Panorama plan
https://greatlandgold.com/projects/panorama/
Scroll down to the second plan.
It shows the Ggp licence number 1170.
Thor’s licence is to the right adjacent that border.

Ggp gold target comes from the north heading to the SW about 6km
Thor gold target comes from the same place but heads for the SE called Sterling.
In between these 2 gold targets there is the nickel target indicated on Thor’s plan on page 2
https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20220330-lithium-nickel-gold-exploration-program-update.pdf

Nickel oval can be seen on the bottom left straddling the border.
There is an historical gold mine on Ggp 1170 shown on Thor plan which is not on the Ggp gold target plan.

It looks an exciting project with possible large cobalt field further south of 1170 and lithium very close on Thors licence.

Scallywag
The latest results look very much like last years drill results weak anomalous mineralisation.
These weak results can be used to identify the original source / sources.
It’s a large licence they have drilled a handful of holes targeting targets identified by aero magnetic surveys, ground electromagnetic surveys and geochemical surveys.
A few more have been identified since the results ie Sparrow and Pearl.
The cover sequence is not as deep as Havieron at Swan there is only around 30m of cover and 250m to the basement rock on top of the bedrock.

At Swan weathering of these upper layers has washed the minerals downwards suggesting a supergene enrichment on top of the bedrock.
The 2022 drilling will target 2 zones west and east of Swan down into the bedrock below the 250m level.
The plan on page 4 of the results this shows the aero magnetic survey at 255m slice level under the ground.

https://greatlandgold.com/wp-content/uploads/2022/04/20220405-GGP-Announcement-Scallywag-Drilling-Results-with-images.pdf

All the drills to date look very similar in mineral composition.

These could all be distal results, close but not close enough to the main source.
We need proximal results which we haven’t found yet.
London seemed to have been the closest to anything with suggestions of a skarn deposition , which can occur on or near edges of sources.
Distal could mean magma travelling through veins away from the source vertically or horizontally.
From that plan it looks as though any magma has not penetrated through the basement, to me it suggests the magma is travelling lower down in the bedrock.
The aero magnetic surveys did not pick up the Eastern Breccia and that starts about 1200-1300m depth.

Still a huge amount of detective work to do and we/I will have to be patient over the next few years while this is carried out.

Red Chris AISC -$40 (negative)
https://seekingalpha.com/amp/article/4481033-newcrest-mining-a-multi-million-ounce-producer-at-a-reasonable-price

You can see why NCM took their eye off Havieron with Bruce Jack acquisition!

Email from LSE recapping March events

“ “And in another London South East first, the AIM-listed Greatland Gold released their Interim Results at 7 am. We interviewed the Greatland boss Shaun Day live at 11.30 am, and put many of your questions to him. 600 watched live, with 4,000 views of the video recording.
Finally at 12.15 pm Shaun stepped out in front of a live UK private investor audience in the City of London for the first time - and he didn't disappoint.
He painted a really bright picture of what Greatland Gold will become, backed by a 25% stake in one of the world's biggest, low cost, highest ounces per vertical metre gold mines in the world. Shaun was generous with his time afterwards and spent an hour with investors taking questions and engaging with long term holders, the majority of whom left hugely excited by the prospects for GGP.”

Quick quiz
From today’s RNS

Au-Bi-Te-Sb

Google it to find the answer :))

At the London meet Shaun was hoping for a revised joint venture to link up with Havieron and Scallywag to revise the current joint venture terms on Havieron

Hi Costa
I’ve watched about 6 of these lectures mostly PHD students, the one about chlorides and ph levels was useful

Hi Costa
There’s a series of lectures from the Australian Institute of Geochemistry on YouTube.
It’s a very new science in the last 10 years or so.
Best to google Epidotes and chlorites.

This is my simple explanation of what’s happening but it’s far far more complicated than I can explain
“ If you can imagine at the centre of a hot magma system it’s mineralisation varies on the temperatures as different minerals vary with temperature and cooling.
The further the magma travels from the centre cooling takes place gradually during its travels.
Minerals are displaced into the surrounding rocks at a diminishing rate and vary depending on speed of cooling.
Other minerals like tungsten are drawn from the surrounding rocks towards the magma.

If the magma originated from a galena rock , following along the magma right at the end will be lead ore.

Therefore each mineral has a specific road map which can trace the original hot zone.
Very complicated science only really been in use since 2015 but known before that .”

Latest news from Minyari showing very similar mineralisation to Havieron but not on same scale.
https://antipaminerals.com.au/upload/documents/investors/asx-announcements/220303003717_20220303-Minyari-WACA2021DrillResults-Batch07.pdf
Take a look at pages 21 and 28
On 21 it shows the drill logs of silver and cobalt intercept ppm cobalt is on the far right.
At the bottom it’s showing the cut off grades used, 400ppm for cobalt.
These are similar values as seen in HAD005.

On page 28 shows a chart with the indicated and inferred resource estimates for silver and cobalt.
Cobalt 3,540ton total x $82,000pt is nearly $300m.
Can they produce the cobalt from the copper concentrate is the question.
Apparently easier to produce it from nickel concentrate but similar process.
Silver will be produced within the gold Dore bars.

What’s in HAD005
From the HAD005 RNS
“ Analytical results for HAD005 have been received and are reported here. Overall, an intercept of 275m at 4.77g/t gold and 0.61% copper was returned (1,581 metre grams gold equivalent*) from an upper zone of 118m at 3.08g/t gold and 0.84% copper from 459m, and a lower zone of 157m at 6.04g/t gold and 0.44% copper from 660m, separated by an apparently unmineralised mafic intrusion. Other intercepts include 7.5m at 32.83g/t gold and 1.20% copper from 482m, 0.5m at 211.30g/t gold and 3.56% copper from 487.5m, and 0.5m at 64.1g/t gold and 5.38% copper from 464.5m. Plus 38m at 20.17g/t gold and 0.82% copper from 700m, 4m at 103.82g/t gold and 0.86% copper from 713m, 1m at 97.65g/t gold and 8.45% copper from 702m, 1m at 138.74g/t gold and 1.24% copper from 714m, and 1m at 200.75g/t gold and 0.73% copper from 715m. All intercepts over 1g/t are presented in Table 1. Other metals are present in the mineralised system including silver to 211g/t, zinc to 5.9% and lead to 12%.”
Credits coming back from the processors could be cobalt, silver, zinc and lead, how much is debatable as it will blend in with NCM final results.

From HAD005 to HAD009 RNS
“ Gold equivalent values are calculated using a gold price of US$1,200/oz, a copper price of US$2.80/lb and a cobalt price of US$33,000/tonne.”
You can see they factored in the cobalt equivalent, price today $82,000/ tonne.
At what stage at that price will cobalt become economical to mention, we never find out until credits come back. If they do become economical then the AISC can only reduce

That nutcase came on here last night inferring I had doubled up on copper revenues.
As usual he contrived to twist it round to fit in with his devious manipulation.
My calcs on first ore must be taken in complete isolation from the rest of the SE crescent. As more production phases open up the average AISC costs will kick in but be erratic to start with.
They are targeting a 70m deep zone split into 2 levels of about 30m.
The top 30m contains the first section of HAD005 one of our best holes.
There’s some phenomenal gold and copper grades
within it.
I used an average of 3% but some sections contain 8 and 10% grades which may lift that average.
With those high grades it suggests most of this ore is Chalcopyrites and maybe bornite, these have specific gravities of 4.1 and 5. This means the ore is denser , and this in turn means more minerals per 1m cube volume.
This in turn means more tonnage from the volume of ore produced.
Less ore to produce 1oz gold and copper tonnage.
The AISC here will be very low.
Actual Capex required from the Decline to this zone could be in the single million dollars.

Transport costs to get it out will also be less than further down due to the travel distance, but more trucks will be required to get the increase in tonnage out of the mine.

I hope everyone can see where I was coming from, except for one individual who will turn it around for his own agenda.

Hi Cela
If Zipa and Nor01 had found something it would be a 10, but they didn’t and that is exploration for you.
AC seems very optimistic still and the cores in drill 7 looked good.
What’s the betting they drill westwards next at Apollo instead of east.
I don’t want to give a score for Apollo, I was taken aback by Zipa results , a positive result will make the Scallywag side very appealing.
The investment into UFO looks a very good move.
Carlow looks promising.

I would have thought that NCM will be waiting for Apollo results before proceeding with Zipa , still very early stage exploration there, may still find something but as I said before it doesn’t look hopeful at the moment. Let’s hope Apollo hits something really good.

You’re right with one thing news you didn’t upset me but I don’t like being shouted out for trying to inform.
If you look at January presentation page 8 it’s solely about Havieron.
I have not said that Havieron and Atlas are not connected, I said that Havieron North did not find a connection and should have been drilled further east due to the Dyke inclining to the east.
Get your facts straight!
Atlas and Apollo are definitely not connected together see plan on page 9.
It states in that presentation that Zipa and Nor01
results are still in assays, behind the news don’t you think.

There not one shout I’m staying calm and collected!

Hi Ben
I have to agree with Mf11 in lowering your expectations, I’ve been saying for sometime now to concentrate on the 25% that’s a huge prize.
Shaun looked annoyed in London when asked about the 5% it’s not something he wants to do and welcomes the day when all these legacy issues are behind him.

For heaven sake “news” give it a rest you are making yourself look very immature. Your posting is shouting at me with your capitals.
What have I posted that has annoyed you so much, cos I can’t see what it is .
https://wcsecure.weblink.com.au/pdf/ARV/02475937.pdf
Take a look at page 9 there is a plan there that has been around since Artemis gained the licence.
You can see the yellow magnetic rock unit that Apollo is sat on.
Any body with something about them can see that the corner of the licence is central on that rock unit.
To the west is Scallywag to the south is Zipa. They are all sat on the same rock unit.
Atlas is not on this rock unit it’s totally different geology.
The magnetic rock unit runs south down into Havieron and north through Scallywag up to Rio’s Budgiedown and on to Scallywag.
To say that Artemis , Ggp, Newcrest and Rio are not connected is ridiculous what’s on one will probably on them all.

Get off your high horse and stop criticising others you are making yourself look foolish.
Whether I’m invested or not is my business not yours.
I’m not here to discredit what ARV are telling us, I like Alistair Clayton but I have to research thoroughly before I accept what they are telling us. Following DL around and not researching lost me money.
I’m not going to stick my neck out and give confidence figures what’s the point of doing that.
I’ve seen you about on other boards and wondered why you never get replies, no wonder this board is so quiet.
Don’t reply to me I’m not interested.

Hi lebugue
We have some awful posters here but he takes the biscuit no wonder it’s quiet on that Board.

Hi cela
You will have to ask the Ggp investors what I’m like I have met many of them at the Stag on the river get together, the Stroud meeting and the recent London event.
I won’t pull the wool over anybodies eyes I do a tremendous amount of research, ask Paddy he knows me, we talk a lot.
If that guy doesn’t want my opinion from my research then that’s upto him.
I could have given a lot to this Board but not now.

I’m not going to give you a score, that would not be fair on myself but why would I be here?

News
I have to say you have inferred a lot of arrogance against me personally.
I have nothing against ARV
You know nothing about me or my abilities but I seem to know a lot more than you will ever know because you don’t listen or want to.
I shall refrain from communicating with you in future.
Good luck everyone else , not a nice board with this character here

News
“No significant mineralisation “ is not my words.