Member Info for Bamps21

Hi Malva
Surely the Dolerite Dyke can’t have anything to do with the mineralisation as it is a post mineralised Dyke. Surely it’s the fault line that caused the Dyke to be the cause of the mineralisation.
The company remarks recently about a secondary Dyke adding to later intrusions possibly the Eastern breccia or the sulphide intrusion.

Hi Spades
Yes that’s the area east of Lake Dora but the coordinates of E45/630 puts it NE of Telfer
https://www.epa.wa.gov.au/sites/default/files/Referral_Documentation/A1445_R1059_Telfer%20ARI%20Report-main_0.pdf

M45/632 and 633 are SE of Telfer
Still confused @ Bamps .com :))

Not very often I get confused but I am with that licence application.
The Wanman district is to the east of Lake Dora but the coordinates on that application puts it somewhere between Telfer and Chicken Ranch.

Hi Goldworm
Although I respect your geological knowledge, I have to say I disagree with your conclusions.
You can’t go by magnetics alone you need geochemistry, seismic and of course drilling to dismiss a target.
You’ve liked Outamind for sometime for the reasons you’ve stated, I on the other hand have been quite surprised them going back to drill it. The historical drills didn’t find mineralisation and the geochemistry results were not reported.
You say there is nothing at Goliath but the geochemistry survey results are strong and reported to be a very high priority target, they must know the results of the historical drills to warrant more drilling.
As far as Scallywag is concerned why spend millions exploring it if their geologists think as you do that there is nothing there.
The MMI results for Apollo aren’t particularly fantastic.
I haven’t looked at your link yet thanks for that

Hi TMT
It has been a pleasure knowing you, I’m so glad you came here with Nige, Tom and me. You’ve been a great asset to this Board and will be greatly missed.
I’ve never met you but still consider you to be a good friend.
I hope you will return to let us know how you are getting on.
Best of Luck :))

Hi Lenz
I had a quick scan through Tymers posts and couldn’t find any calculations. Bit unfair not to re post them.
I don’t post predictions on share price apart from I was asked by Fred I think. That prediction was solely tongue in cheek based on the rise of my lowest buy on 0.6p to the then 16p.
That % increase on top of 16p takes it to £4.32 that’s not based on anything just % increase make of it as you will but that is the only prediction you will get from me.
Can that increase happen well I bought Croda £1.40 and they are heading passed £90 super super stock, who’d have thought buying ITM @20p over 12 months ago that they would get passed £4.
Miracles do happen:))

Hi Zoros
Ummm that’s a bit out of context.
I did say “ don’t expect a great uplift in the Indicated resources “ and that’s still the case but whatever is in the Indicated estimate can be added to the accounts (30%).
The PFS will include a preliminary mine plan , that has always been the case that is when Institutions will start looking at us.
We will be in the hands of the big boys very soon, who knows how and when anything will happen.

You can’t have fireworks without a rocket and I’m still looking for mine

Now this is the list that can be added to the accounts at the present time:-

Nil

Now this is the list that can be added after the PFS and Indicated Resources:-

Havieron
30% of the Indicated Resource Estimate of
?m oz gold equivalent

What will that do to the share price?

Where did I put that drawing of Thunderbird 1 :)))))

Going back to Ggp assets

Just a reminder of what assets Ggp have:-

Havieron:-
A multi speed development of a mine with a joint venture with a global mining company. A leading expert in underground bulk caving.
Gold resources could range eventually to between 12-28m oz plus major copper resources and also large credits from other minerals reducing AISC costs like cobalt resources.
Counting down the days till a PFS is issued a major milestone.

Juri jv:-
Paterson Range East:-
Multiple gold / copper targets 12 known at present including the giant Goliath target a 15bn+ tons target that's 30 times more tonnage than Havieron , waiting for drilling results.

Blackhills:-
At least 6 targets including Saddlereef (A29) 1400m long gold target one end poking out of the ground suitable for open pit. Gold, copper and silver target.
Also Parlay a bullseye feature on top of a main fault line.
Waiting for results of Parlay drilling, A29 being drilled at the moment

Panorama:-
A very long Paleo-placer goldfield to the north
To the south a very large cobalt anomaly possibly the largest in Western Australia and possibly Australia.
Although cobalt is not a key mineral objective of the company it has huge potential to reduce costs.
Revisiting the data the company has found it to have Nickel mineralisation as well, a key commodity.

Scallywag 100% owned:-
At least 12 known targets the majority of which are sat near fault lines.
Under explored but drilling of Teach due this summer. Swan has been drilled

Rudall :- 100% owned
Bullseye feature under explored , geochemical surveys due this summer

Ernest Giles:- 100%
2 x 5m oz targets identified plus numerous 1m+ camps of gold deposits
Plus a large nickel target
Large licence which lapsed has been re acquired with an additional joining licence.
The length of Ernest Giles compares to around 2/3rds the length of the M25.

Bromus 100%:-
A mainly nickel discovery underexplored

Warrentina 100%:-
A 10km north to south licence with 4 goldfields and existing mines.
1m+ gold ounces identified
Ready to be divested.

Firetower:- 100% owned
5 exploration zones
1m+ gold ounces identified
another 1m possible
plus zinc
Possible sale/ joint venture

Canning
Licence applied for

Morning Tig
I am being cautious with my calcs but I haven’t used the company average grade of 0.55g/t shown in their 8,500 oz/m calcs.
Those figures were for the top 350m, I can’t find where they would have got such a low average from.
Two possibilities:-
The Dyke has been included in that average
Or the dilution factor of 15% has been added in.
Taking both these out would put the grade Average back to my 0.75%
This has a dramatic effect on the 8,500 oz/m figure to 11,459 oz/m

The crackle breccia is what drags down the average at the moment when the deeper concreted breccia is further explored this should lift the company averages.

Hi Goldworm
You tease you!
You must be looking a long way off cos I’ve been looking too.
How would you explain the magnetic intrusion shape of Goliath?

Hi Lenz
I started off with an ovoid shape plan and gridded it with 50m squares, around the perimeter were squares that had the perimeter running through them forming triangles and rectangles.
I went right round the perimeter calculating each part square, then adding this to the number of 50m squares gave me a fairly accurate 176,000 sq m.
Multiply the area x 1300m depth = 228,800,000 cu m
Multiply x specific gravity of 2.7 Used by Ggp = 617,760,000 tons
I’ve used a fairly low average grade 0.75g/t
Multiply 617,760,000 x 0.75 = 463,320,000 grams
Divided x 31.1 = 14,897,749.2 oz

If this turns out to be 1g/t which is highly likely then the total sum = 19,863,665 oz

I’ve not included the lower ovoid figures but there is at least 10m oz @0.75 g/t or 13.5m @1g/t in the additional zone if my assumptions are right and it’s still open SE,N,E,NW and of course at depth .
I’ve not deducted any dilution which the industry norm allows 15%, but there’s nothing like 15% is this vertical ore body.

It’s all about the grades , the oz/m figure of 8,500 is based on 0.55g/t average on the top 350m we know that is the weakest area of the crackle. The breccia down below has consistent grades over 1.5 such as the 347m @ 2g/t.

Hi Malva
Very well explained.
The central zone on the Redsetter target is only around 75-100m in diameter. There have been 2 historical drills which have gone down either side, there is little if any signs of gold but some low readings of copper according to the logs

12m oz is what the brokers say.
My calculations keep pointing towards the upper figure and is not a ramp it’s a calculated estimate

Just a reminder of what assets Ggp have:-

Havieron:-
A multi speed development of a mine with a joint venture with a global mining company. A leading expert in underground bulk caving.
Gold resources could range eventually to between 12-28m oz plus major copper resources and also large credits from other minerals reducing AISC costs like cobalt resources.
Counting down the days till a PFS is issued a major milestone.

Juri jv:-
Paterson Range East:-
Multiple gold / copper targets 12 known at present including the giant Goliath target a 15bn+ tons target that's 30 times more tonnage than Havieron , waiting for drilling results.

Blackhills:-
At least 6 targets including Saddlereef (A29) 1400m long gold target one end poking out of the ground suitable for open pit. Gold, copper and silver target.
Also Parlay a bullseye feature on top of a main fault line.
Waiting for results of Parlay drilling, A29 being drilled at the moment

Panorama:-
A very long Paleo-placer goldfield to the north
To the south a very large cobalt anomaly possibly the largest in Western Australia and possibly Australia.
Although cobalt is not a key mineral objective of the company it has huge potential to reduce costs.
Revisiting the data the company has found it to have Nickel mineralisation as well, a key commodity.

Scallywag 100% owned:-
At least 12 known targets the majority of which are sat near fault lines.
Under explored but drilling of Teach due this summer. Swan has been drilled

Rudall :- 100% owned
Bullseye feature under explored , geochemical surveys due this summer

Ernest Giles:- 100%
2 x 5m oz targets identified plus numerous 1m+ camps of gold deposits
Plus a large nickel target
Large licence which lapsed has been re acquired with an additional joining licence.
The length of Ernest Giles compares to around 2/3rds the length of the M25.

Bromus 100%:-
A mainly nickel discovery underexplored

Warrentina 100%:-
A 10km north to south licence with 4 goldfields and existing mines.
1m+ gold ounces identified
Ready to be divested.

Firetower:- 100% owned
5 exploration zones
1m+ gold ounces identified
another 1m possible
plus zinc
Possible sale/ joint venture

Canning
Licence applied for

Hi Redtrader
I thought you were more aware about Ggp than how you are now perceiving to be.
You are spouting nonsense about Otto, of course we need him to sit on the Havieron committee, who do you think should sit on it then?
Would it be the consultants who advise WSBN

Definitely

Ggp 100% targets are not ready yet to start mining, the nearest is Firetower but still a lot of work there to prove up.
The nearest to mining has to be the old Saddlereef target now A29 on the juri jv
The drill rigs are there now drilling on section C.
If you look at the old RNSs there are 3 section AB and C.
C has drill 07 I think from memory that is where there was some good copper results about 50-100m of cover.
The best drill I think was 10 on section A, no cover , gold intercepts from surface, suitable for open pit if the economics are right.
They seem to have been there for a while now maybe promising.

Hi Redtrader
You can’t put consultants on the Havieron committee , you have to have company representatives not consultants.
Please drop this

Hi Redtrader
Newcrest do not have total control over Havieron.
If you research properly there is a Havieron joint venture committee to make decisions.
Ggp have 2 members on this committee out of 5, they need to be top professionals who can refer their decisions to their relevant Boards.
To say we don’t need Otto is not an option with the high standard he is.
I’m still expecting another appointment to work alongside him.
Havieron is going to be a very complex mining operation, mining engineers at the top of their profession are needed to make the right decisions