Member Info for Bamps21

Hi Cela
I’m still very hopeful on Apollo.
If it comes off it will effect Scallywag on the west and towards Zipa.
It’s a 50-50 risk as far as I can make out.
If you look at the plans on ARV web site you will see that the target straddles the Havieron border splitting it in 2 and then ARV half straddles the Scallywag border 2/3rds to 1/3rd with the possibility of a billion ton of ore, but this may not all be mineralised.
We need these assays back to confirm one way or another.
Pad 7 with similar geology to HAD005 (still one of Ggp best holes) looks very promising, not sure of the size though.

Hi news
You are coming over aggressively, is that your stance cos that’s not what I’m here for. I try to inform people.
Don’t put words in my mouth please.

Hi news
I’m not a geo and in UK
I do converse with other Geos though.
That rock unit in Apollo carries on northwards to Outamind where they did encounter some gold but looks deep.

Hi news
Mainly on the Ggp board but have done podcasts with “Brew with Bottle” on Ggphelpdesk and You tube.
Paddy and myself confer regularly.
News on Cores on pad 6 have not been released yet but I have heard what it contains.
Cores on pad 7 have been released and look very much like HAD005, so optimistic but they don’t look connected at this moment in time.
I very rarely look on HC.

Hi GeoJim
What is your opinion on Zipa having no significant mineralisation?

Hi news
“ However, no one has talked about ZIPA [GGP/NCM] and its significance to or not to ARV's Apollo. Unlike one poster here who commented to my post, the Australians on HC ARV are viewing APOLLO ON ITS OWN MERITS.”
You haven’t been following my posts on this subject.
Zipa and Havieron North have been very disappointing with no significant results, but my personal thoughts are they drilled away from the Zipa target and not far enough to the east on Havieron north. I’ve no idea what they were targeting they must have information of something down there.
Hole 6 on Apollo has brought up pink feldspar which is totally different to hole 7 as expected.
This mineralisation comes down from Budgiedown through Scallywag, takes in Apollo and off to the west of Zip 01 and down into Havieron.
The pad on Zip01 was on the edge of this mineralisation but drilled eastwards.
Geologists I’ve talked to we’re excited by the pink feldspar but I’m not sure it will contain anything , I hope I’m wrong on that.
The Dyke that runs through Havieron northwards has an incline downwards to the east, this is heading to the line of the fault. With Nor01 drilled to the west of the Dyke at an angle eastwards I think it didn’t achieve its goals.
At the moment it doesn’t look as though Havieron is connected northwards, needs more exploration.

Thor mining issued news today regarding their licence on the Eastern border with Ggp’s Panorama.
They are surveying their 3 lithium targets.
Their nickel target straddles the border with Panorama, there’s a great photo of their nickel gossan. Which is where the target protrudes through the surface with surrounding rock weathered away.
Interesting point there is they have also found chrome.
MMI surveys also indicate tin and tungsten.

Panorama east has similar geology to Thor’s Ragged Range. We could be looking for lithium, nickel,gold and chrome in the east.
Panorama central one of the biggest suggested cobalt areas in Australia .
Panorama West a 6km length where gold has been found in stream samples and nuggets with similar geology features to Thor’s Ragged Range Sterling prospect.

Cont’d
Panorama
A very large area containing 3 licences with 2 distinct type of targets
In the NW a 6.5km long gold anomaly following a river bed and fault line.
The bulk of the licence contains possibly a very large cobalt anomaly maybe the largest in Western Australia or Australia itself.
Ggp suggesting nickel is there as well ( cobalt is not normally found on it’s own)
Will be drilled in this years exploration programme according to SD

Bromus
A long licence running NW-SE in the SW of Western Australia close to the nickel area.
A few drills have been done by Ggp and further modelling has found the sources of surveys near to where the drills were deployed.
Mainly a Nickel/gold target with MMI survey readings of 2670ppm that is 0.267%
Infrastructure runs close to the southern end of the licence road, water, electric etc

Rudall and Canning
Rudall is a small licence to the SE of Havieron with one Bullseye target anomaly.
Underexplored needs surveying to see what’s there

Canning is way to the SE of Havieron but is in the same belt that runs from Port Headland to Musgrave mines and on to Olympic dam area.
Canning has 4 licences 2 of which contain Tabletop 1 and Tabletop 2 very exciting bullseye features , strong coincidence of the gravity and magnetic anomalies.
Historical reports by geoscientists suggest drilling of Tabletop 2 first down to at least 800-1000m.
If they’re big enough infrastructure will not be an issue.

A new licence to the west of Havieron and SE of Telfer has not had much success but Ggp seem to think the previous owners didn’t look deep enough.
One target is a bullseye feature similar in nature to Havieron.

Pascalle
A long NW trending licence with half a dozen targets Ggp are saying the targets need deeper investigation.
Pascalle itself is a bullseye feature with a fault running through it but not so deep.

A new licence has been applied for on the SE end of Pascalle on the continuation of the NW trend, looks like a long fold target

Havieron
An early stage mining development with Decline infrastructure progressing.
An ore body that keeps on expanding with increasing grades.
30% owned at the moment with negotiations ongoing for NCM to buy 5% from Ggp.
Potential tier 1 resource with an MRE recently issued to upgrade the Indicated and Inferred Already announced.

Juri joint venture
Paterson Range East
Latest drill results on Goliath and Outermind both hit gold anomalies.
New models being formulated for future programmes.
New aero magnetic survey on the west side have found new targets to be drilled H1 2022 A9 and 11 together with Tama an exciting “supergene” target.

Blackhills
An exciting area where the nuggets were found in 2018
Saddlereef and Saddlereef South are promising targets. Firstly a reef like prospect similar in nature to Telfer and further south a dipping ore body about 250 wide 60 m thick by 2km long.
Over 250 historical drills on BH have had gold in their drilling logs.
Drilling in H1 2022 will focus on Parley North, A27 and a very long target to the south of Saddlereef South

Scallywag
A large licence 100% wholly owned by Greatland
Last years drilling of Kraken, Blackbeard and London hit gold and copper alteration and will help in vector studies of finding ore bodies.
This year’s exploration has centred around Swan in the North , Teach and Barbossa west, assay results still waiting.
Additional surveys have located Archieteutis to the north of Kraken.
The road between Telfer and Havieron is proposed to go through Scallywag, works to commence this year.
Environmental studies have been carried out on the proposed route.

Ernest Giles
A very long arching licence if compared to the M25 would go 2/3rds the way round.
An archway greenstone area renowned for its goldfields, much older than Havieron.
Suggested to have 2x 5m gold targets with numerous 1m camp style targets.
Relinquished 2 licences last year only to reapply for Wishbone and another one but not reapplied for Carnegie in the centre which reportedly had the nickel.
Ggp eager to start drilling again in this years drilling campaign.

Tasmania
Firetower
A licence with 5 areas of interest the best of which is Firetower itself a small bullseye feature with strong gold and copper readings near the surface open at depth.
Maybe containing 1m oz
Firetower west is a large underexplored area with gold and copper readings.
Star of the west in the north are historical workings in a forested area.
Firetower east has had a few drills picking up copper and zinc alteration, needs more exploration.
There’s another historical mine area in the NE.
Ggp working towards joint venturing this licence.

Warrantina
A long north to south series of historical mine workings
Ggp have concentrated their recent campaigns in the south exploring beneath historical workings picking up new targets deeper down.
Suggested to contain a 1m oz gold in total on the licence

Hi dv
The market cap of GGP does not reflect itself with the monumental drill results we’ve had.
The mc of EEE has seen a monumental rise which isn’t reflected by the drill results.
To my mind we are way undervalued.

Hi avo
Why has EEE gone up 20% on very high gold grades announcements and good intercept widths when they are nowhere near Havieron drill results

Best one 5m @ 8.99g/t including 1m @40.9g/t
http://www.rns-pdf.londonstockexchange.com/rns/4376G_1-2022-3-29.pdf

Oh and no copper
Oh they’re now up 41%

Havieron I just recall
120m@10g/t
347m@2g/t

Undervalued I would say so
Berenberg reiterated 24p

My biggest take from the London meeting was when Shaun was asked about the shorts.
A big grin on his face

“ they have to buy them back”

That’s all he said at that point.

Hi Cappylee
Drill 145 was complete it’s the wedge drill we are after at the end of the drill which could go into the Eastern breccia

Hi Costa
My friends know Eric he worked as an electrician in Worcester.
Apparently he went to a concert of Van Morrison and went to say hello afterwards and Van shunned him

Hi Malva
I agree that the $1010 should be a basic to use on the whole of the MRE.
Take in context what I was describing for the First Production ore.
The depth has been reduced to 30m it contains pockets of very high grades especially in the copper as high as 10% close to the top found in HAD005, I haven’t seen a drill going through the top of this pocket like that one, they all enter lower down.
This Western front level 1 has a minimum average grade of 5g/t and as high as 3g/t . It could be more but I’ve worked on these.
When this is starting to produce ore no other areas will be ready, so those averages are what’s needed to be looked at.
With copper that high the Chalcopyrites will be dominant and these have a sg of over 4.
That means more copper etc from the same volume which = lower production and processing costs.
Less volume = less transport costs to get to Telfer.
You can see where I’m going with this, the AISC for this first ore will be lower.
Working out the gold and copper separately the total revenue is very nearly the same for each.

Opening up more fronts decreases the averages and the copper /Chalcopyrites are not so strong (until you get to the Eastern front 2nd and 3rd levels) and of course the AISC will rise

Hi Costa
I wasn’t concentrating on what he said I was just looking at him smiling enthusiastically when he said it. I heard him say “costs + ? %”
Paddy and Jerry confirmed it was 10%
Hydrogen seems to think GH said the same some time back

Hi Malva
Thanks for the input much appreciated.
Biggles wasn’t right to point out though that I made an error of using the $643 because that was incorrect.

The $1010 figure still stems back from the Newcrest PFS where prices used were $1,300/oz and $3.00 /lb

This is where I have used a figure of $850.

This is all thrown up in the air though in the top level now only 30m deep, a very high grade area where copper revenues could exceed the gold

Someone asked about the mining approvals the other day.
This is from Newcrest PFS appendices

“Stage 2 approvals will consist of a SLOS underground mine, permanent infrastructure corridor, associated infrastructure and changes to Telfer approvals (processing of Havieron ore, Tailings Storage Facility 8 [TSF8] raise to accept Havieron tailings), groundwater use at Havieron.
The approval strategy for Stage 2 consists of both Commonwealth and State level approvals with engagement well advanced with all regulatory bodies. The timelines outlined in the Pre-Feasibility Study are considered achievable.
A Mining Lease has been granted over the orebody, and miscellaneous leases granted along the existing service corridor. For Stage 2 approvals, an additional miscellaneous lease will be applied for to secure access for an infrastructure corridor to connect Telfer and Havieron (haul road, powerlines, water pipes).

Regarding my calculations the AISC I used was a lot higher than the AISC $643 published to take out the copper, so Biggles being so clever missed that.
The First Ore in the latest mining plan is from a very high grade zone the average AISC for this particular zone will be a lot lower than that quoted estimate which is also 6 months old and doesn’t reflect the new scheme.
In the PFS the $643 was based on figures way below current prices so is high anyway.
Inflation though may counteract this benefit.

There are many disruptors on this Board and they come and go.
I would just like to point out the devious manipulation of late.
I am an easy target cos I produce material for the majority that these disruptors don’t want you to see, so they will pick on things especially calculations.

All my calculations are only a guide for you to make your own decisions.

A few years ago there was a poster called the green fool and it looks like he’s back. His latest postings are there to sow doubt in your minds, especially on my posts.
It doesn’t really bother me but I am bothered how he can manipulate others.
Green bin him is probably the best for you