Member Info for Bamps21

Los Diablos
There's not a lot mentioned about this target and is overshadowed by Goliath.
If I was comparing the isosurface contours with a weather maps isobars I would say Goliath is like a large Atlantic Low and Los Diablos a very deep Low with storm force 10 winds.

This is how it compares to Goliath on the web site
Goliath: Originally identified as a very high amplitude, bulls-eye magnetic feature in Greatland’s recent aeromagnetic survey, new data shows a very large amplitude gravity anomaly semi-coincident with the magnetic anomaly.
Los Diablos: A bulls-eye, high intensity magnetic anomaly located in a structurally favourable position with a gravity response of moderate to high amplitude coincident with the magnetic feature."

So Goliath is semi coincident where the size of the 3D gravity model is far larger than the 3D magnetic model but both centralised.
Los Diablos is fully coincidence with both models fully converging, both high intensity .
Both models start 100m below ground and go below 1,000m and the Bulls eye shape is about 750 diameter.
One historic drill went in at an angle if it had been vertical it would have hit it.

I haven't come across any other target that has fully coincidence models, even Havieron was semi coincident.

There has been 2183 MMI geochemical samples taken over Paterson Range East and Goliath has similar geochemical Gold/copper signatures as Havieron.

I'm not going to speculate but it looks very promising for a Tier 1 candidate

Bromus

Bromus is a fairly long licence running NW to SE
A ground loop electromagnetic survey was carried out to the NW and picked out 4 high priority targets with strong conductances.
Some exploratory drills were done in 2016 and was followed up by a downhole EM survey. Br001,003 both missed the conductances but the model proved the high priority targets.

In the SE zone a geochemistry survey was carried out and found a very high nickel area of 2,690ppb.
The SE is very close to infrastructure i.e. road,rail,water,electric etc

It's a good prospect for the future but at the moment it's outside their planned target commodity and the Paterson is priority.

Road Trains
Just watched a video of a Kenworth C510 road train 1000hp
It can carry 300 ton of coal but off road.
It's got 5 trailers, each trailer can be loaded in 3 minutes from a silo.
The video is in a Queensland mine.
Queensland have stricter laws on road trains only B doubles can use the road. The B indicates a fifth wheel, the double indicates 2 trailers .
B triples are the normal road trains
Max weight they can carry on Australian roads is 136t
Volvo Fh16 can carry 120tons

The road from Telfer to Havieron will presumably be private so a Kenworth 5 trailer could be used but the road surface will have to be good as they have a small wheel base.
A second hand one of these is not cheap a 2010 model truck only is A$80,000+

6m tons per year = 55 of these 300 ton trains every day to get it to Telfer

Hi Tom, Mush
I can't believe I've written so much, trying to find my old posts is hard so i'm trying to quell nerves by bringing forward relevant posts.
I had a file of stuff like this at Cerp, when the merger happened and I left, it all went in the compost :))
Mush I don't see myself as Doc but might be to others, shame we couldn't meet up in Stroud.
ATB:))

Bit more on XRF and XRD instruments

Bamps21
Posted in: GGP
Posts: 3,820
Price: 34.00
Hold
XRF19 Dec 2020 09:52
Hand held XRF machines are used on site for elemental analysis.
They send X rays into the samples that activate electrons in the atoms of the elements and fluoresce which the machine can read and mathematically gives the results for parts per million or %.

They can't read elements higher than Magnesium which is atomic No12, so atomic numbers 1-11 a different analysis is required, hydrogen is no 1 also oxygen,nitrogen and helium
It can read down to the heaviest metal Uranium No 92.

On the Periodic Table Magnesium Mg reading down from the top is in Row 3 and from left to right is in Group 2.
What do these represent:-
Group 2 means in the atom there is the nuclei and the electrons are contained in rings or shells around the nuclei, so Group 2 has 2 electrons in the outer shell and Row 3 means there are 3 shells.

Copper Cu No 29
Gold Au No 79
Copper and Gold are both in group 11, that means they both have 11 electrons in the outer shell
Cu is in Row 4 so has 4 Shells
Au is in Row 6 so has 6 Shells

There is another instrument called an XRD
can be portable but mainly lab use it's main target element is Cobalt and secondary copper
Cobalt No 27 Row4 Group 9.

Also there is a machine for analylis of gold purity to determine the quality of gold and silver called a GoldXdetector.

All these devices give practically instant results and fairly reliable.

They don't give readings for elements 93-118 mainly actinoids

How the XRF scanners detect what minerals are in the samples

Electron orbitals - bit beyond my pay grade :))
This is my take how the XRF machine finds different elements , could be complete nonsense
The Atomic No for Cobalt is 27
Copper is 29
Those numbers indicate how many Protons are in the nucleus.
Hydrogen has 1 shell and 1 electron it's called a 1s, this electron is in its own orbit because it's not on a single plane it could be anywhere within the sphere or shell. This is called an orbital, each orbital can contain 2 electrons if an additional electron is added it gains energy and moves to a new shell and referred to as a 2s.
A 2s can have 4 electrons and move into dumb bells type orbitals called 2p
Add another electron and it gains energy and forms a 3s shell.
A 3s can have 6 electrons in dumb bells shaped orbitals and these are 3p orbitals.

This carries on with the atoms gaining energy
Other shapes of orbitals with higher levels of energy 6s, 6p, 6d 6f
The more energy the atom has then the more electrons it has.
The XRF x ray agitates the electrons allowing the instrument to measure their position and orbitals indicating what elements are there.

My head hurts :((

Is anyone still nervous:((

Ok I will do some more :))

Blackhills
Silver
At Saddle Reefs A29 the mineralised sequence outcrops through a thin veneer of sand and gravel. Rock chip samples were collected over a strike length of approximately 800m with results over 10g/t gold including 81.7g/t, 45.7g/t, 37.6g/t, 33.9g/t, 28.2g/t and 23.5g/t. Many also showed high silver above 10g/t up to a maximum of 106.1g/t. Gold (and silver) mineralisation in bedrock has been identified over a strike length of approximately 800m at Saddle Reefs.

There has been a lot of historic drilling in the Northern end of Saddlereef nearly 50 holes all the data has been put into the company database.
In this location the anomaly is at surface.
The 4m composites have been tested for a suite of 49 elements.
In the central area of Saddlereef the cover is 100m.
Hole 007 has a copper reading of 8540ppm @118m
also 34m 0.53g/t and 2107ppm cu from 104m.

At the southern end the cover is about 200m

Also historic drills have found gold intercepts at Eastern, Rogers and Northern Granites.

From 2 RNSs in late 2019
o 19m@0.51g/tAufrom118m(SRRC007)
• New drill results are considered very positive with several intervals greater than 5g/t gold,
indicating the potential for a fertile gold system at Black Hills. New Targets at Black Hills
• Greatland has completed ground gravity surveys over the entire Black Hills licence and adjacent Havieron licence, which have identified three new geophysical targets in the Black Hills area:
o Parlay–Locatedinthesouth-westerncorneroftheBlackHillslicence,theParlay target includes magnetic and gravity anomalies on an interpreted key lithological and structural contact.
o BlackHillsNorth–Locatedtothenorthofrecentdrilling,BlackHillsNorth comprises coincident gravity, magnetic and IP anomalies.
o BlackHillsSouth–LocatedonGreatland’sHavieronlicence(E45/4701),BlackHills South is a very high amplitude gravity anomaly located at the interpreted closure of the Black Hills Dome to the south of outcrop under relatively thin cover (approximately 50m).

Gervaise Heddle, Chief Executive Officer, commented: “These exciting drill results at Black Hills confirm the presence of a near-surface gold system at the Saddle Reefs prospect which includes high- grade gold mineralisation. In addition, our systematic exploration approach continues to generate new targets across the region, including three within the Black Hills area which have not been tested by historic drilling.

Saddlereef- A29 gold,copper,silver
Northern Granite - gold
Eastern - gold
Rogers - gold
& 3 new targets
Parlay
Blackhills North
& Blackhill South which is on Scallywag licence

The potential here looks very promising for early open pit mining.

Goliath

Goliath: Originally identified as a very high amplitude bulls-eye magnetic feature from 2019 aeromagnetic survey, Goliath is interpreted to be a metasedimentry dome with the magnetic anomaly at the fold hinge position. The gravity data shows a very large amplitude anomaly semi-coincident with the magnetic anomaly. Three historic drill holes were completed in the early 1990s off the northern edge of the magnetic anomaly failed to reach Proterozoic basement. This target has the most significant anomalism according to the new MMI data. Goliath is spatially coincident with a broad Ce, Cu, Au, Fe, La, Pb, Ag, Sn, Zn surface MMI response. This is a very similar geochemical signature to that observed at Havieron

Ce = Cerium
Au = Gold
Cu = copper
Fe = Iron
La = Lanthanum
Pb = Lead
Ag = Silver
Zn = Zinc
Sn = Tin

Today's price of tin is hovering around the $27,000 per ton
Atomic No 50
Interesting thing about tin in the 1600s organ pipes were made of an alloy of tin and lead . The tin though started to break down and caused the pipes to look diseased.
To overcome this, tin was heated at a low temperature for a long time and turned into white tin which has similar properties to diamonds. If it comes back in contact with grey tin it breaks down again.
Tin is one of only 2 elements that make a noise when it is put under stress and is called the tin cry.
What is the potential at Goliath
My estimate of tonnage =14.5bn ton
.002% of earths crust is tin
= 290,000 ton x $27,000
is wild guesstimate at this point in time

Potential for all these elements at Goliath are vast but not a definite at this point in time , we need to drill the top coincidence deep :))

Goliath

Goliath target is very intriguing for me,
I've been looking at the blown up plan and cross section, on the web site you can only find it now in the Jorc section Nov 19 announcement.
The anomaly is split into 2 everything above 1000m depth and everything below 1000m
The Residual gravity survey plan and the magnetic survey plan are shown above this section. On these they've plotted the 3 historic drill holes, on the gravity plan it's missed the centre of the high gravity area but on the magnetic they've just clipped it.
It looks like they were targeting the magnetic zone.
When you then look at the blown up map you can see the white area of the high gravity zone and also you can see the magnetic contours. To the NW of the central zone the contours form a tight ring and looking at section A you can see a protrusion which is the tight ring.
This coincidence looks like a hot zone and porphyrittic alteration around it.
This is all between 200-1200m below surface.
The volume is about 785,000 cubic metres or 2.1bn tons
comparing this with Havieron 176,000 cubic metres or 484m tons , that's about 4x larger than Havieron.

This is the magnetic anomaly above 1,000m depth but it is also the coincidence with the high gravity zone.
We also have MMI results for this target.
So from what Goldworm suggested:-
Goliath has:-
Coincidence - tick
High magnetic zone - tick
High gravity zone - tick
MMI results - tick

When you go back to the cross section between 1200-2400m below surface the coincidence continues and is far larger.
Looking to the plan again, the contours below the ring are more spread out indicating a flatter zone . This flatter zone spreads out southwards, you can see this on the cross section just below the 1000m and will get wider the further south you go.
I have calculated the tonnage but the figures are embarrassingly large for the coincidence from 1200-2200 below surface,
I don't want to be seen Bamping :)))

Outamind

I'm looking forward for Artemis drilling results of Apollo not really any of the others.
My reasons for this is that it is in a very similar position to Outamind:-
They're both sat adjacent to the same fault line.
They're both in the same magnetic rock unit

Not much to go on from published data of Outamind.
From the 2 magnetic and gravity plans ,
4 historic drill holes can be seen targeting the North end of the magnetic anomaly missing the centre.
The high gravity anomaly is in the Southern end, it looks like the coincidence will be small.
Both anomalies look ovoid in shape around 2,000m x 1,000m.
The fault line runs passed the Western and Northern edges.
It has had an MMI survey.
There is another target slightly to the NE which has had some historic drills the magnetic anomaly is of lower intensity.
The fault line runs to the North and East of it.
That's about all I can find out on Outamind

Tongue in cheek :-
if Apollo proves up ok will NCM/Ggp extend the Decline tunnel in the future to extract its minerals with a jv with Artemis.
Might sound daft but there will be tunnels heading towards the NW end of Havieron to probably stope the NW crescent.
Could also be true for Artemis other targets around the boundary:))

Ernest Giles

this is what I posted sometime ago on my opinion of the Ernest Giles situation.

Looking at the drilling results I don't believe they were understood and the context when they were issued.
The 2016 drilling were mainly wildcat exploratory holes.
The 2018 drilling focused on finding the anomalies using Newmonts Deep Sensing Geochemical survey 13 out of 23 found the anomalies over a large area. These results looked fairly good to me but the timing of the results was unfortunate for EG, which came in between the gold nugget news at Blackhills and the first drill results at Havieron.
Of course the Havieron results out shined
EG and Gervaise issued this statement on 27 Sep 18
"Gervaise Heddle, Chief Executive Officer, commented: "We are pleased with the results received from our recent drilling campaign at Meadows. The extension of the known zones of gold mineralisation at Meadows represents another step forward in advancing this early stage exploration project.

"The Company is in a very fortunate position of having six quality projects in its portfolio with a major drilling campaign ongoing at Havieron and results awaited from the 3D Induced Polarisation ("3DIP") survey at Black Hills. We are looking forward to reviewing results from these campaigns before deciding on the next steps to deliver the most shareholder value from all projects across our portfolio."

That statement said it all for me
'an early stage project '
reviewing results from Havieron and Blackhills to deliver the best shareholder value.

Warrentina

Warrentina does have some strong results.
It's a long north to south licence stretching over 10km.
It has 4 goldfields Forester in the N, Warrentina in the centre,
Derby N further down
Golden Mara in the S

This was a bit from the last RNS on Warrentina only 11 months ago:-

Greatland previously conducted limited Reverse Circulation (“RC”) drilling at Derby North, which outlined a gold mineralised system approximately 150m long and 100m wide, open to the north, east and at depth. The Company has now completed its maiden diamond drilling programme at the prospect with three diamond holes for a total of 285m of drilling. This targeted drilling campaign was designed to provide a better understanding of the host rocks, type and tenor of gold mineralisation, and highlight any structural controls. Laboratory assay results have now been received and are announced today.
Highlights of Drill Results
• Maiden diamond drill programme at Derby North prospect intersects high-grade gold mineralisation and increases depth extent of known mineralisation.
• Best results include:
o 21.7m@3.3g/tAufrom9.3m(2019WTD001),including
? 2.2m @ 12g/t Au from 10.8m
o 11.7m@2.8g/tAufrom115m(2019WTD002)–a new zone of gold
mineralisation beneath previous drilling
o 43m@1.5g/tAufrom10m(2019WTD003)

• Results and data collected from the drilling programme are expected to assist with potential divestment of the project, in line with the Company’s strategy to seek to divest non-core projects.

You can see from this at present it is not seen as a core investment and maybe divested.
Depends now on what Shaun does.

You can also see the drill campaign RC first the DD to go deeper.
They also drilled to test the host rocks not just looking for minerals

Firetower
If there is a choice to keep either Firetower or Warrentina my choice would have to be Firetower.
A licence with some good historical surveys .
stream analysis have found 320g/t au.
Geochemistry analysis.
gold 4,450ppb
copper 3.2%
3 zones :-
central 1,000m strike.
west 800x400m strike
east 2km strike
it's got well over a million ounces in the central zone alone and loads of copper.

Firetower Tasmania

On the Firetower licence there are 5 targets identified:-

Firetower target looks like bulls eye target very close to the surface with a high grade average of greater than 2g/t about 50m in diameter. There is a very easy to read cross section on the web site where they have shown metal contours , the purple colour is the 2g/t. below this is a brown contour rising from depths +100m from surface.
High grades of 31g/t found
Copper has been found to the west of this

Firetower East:-
Underexplored.
A couple of holes have picked up high grades of zinc and a small amount of gold.

Firetower West
Underexplored
Two drill holes have picked up copper and gold

Star of the West
Gregories Road
Both gold mineralisation targets
Little information otherwise on these 2

Even though they have limited information from a few holes they seem excited about what they have learnt.

"Zinc, gold and silver mineralisation has been intersected in the second drill hole at Firetower East
underscoring the potential for a Volcanic Hosted Massive Sulphide (“VHMS”) system with precious metal content in addition to base metals.
Encouraging results indicate the potential for a base metal Volcanic Hosted Massive Sulphide (“VHMS”) system
Significant results from the second hole at Firetower East (2019FTD016) include 31m at 2,581ppm Zn from 184m, including 3m at 8,745ppm Zn from 191m, and 1m at 2.1g/t Au from 224m."

Hi Imp
It's in the Warrentina RNS Feb last year I think.
ATB:))

Canning licence

Tabletop 1 - "quality prospect"
dense source about 1200m deep in the gravity anomaly.
Deeper magnetic source possibly massive nickel- sulphide intrusion, basement rocks down to about 2,000m

Tabletop 2
A higher quality prospect is shallower than Tabletop 1
200-800m

The gravity responses in both are not as strong as Olympic Dam but the strong densities in gravity and magnetic anomalies bulls eyes make this an attractive prospect.

The consultants are recommending drilling Tabletop 2 first to 800m and then Tabletop 1 afterwards down to 1,000 possibly 1200m.
Tabletop 3 is not recommended to be drilled.

What's happening in the next 12 months
Box cut to Jun 21
evaporation pond to Jun 21
Waste rock tip started
Track improvements, drainage, water treatment plant to Jun 21
Start Decline End May/Jun 21
Start ventilation shaft start Nov/ Dec 21

65,000m of exploration drilling including new targets

Drilling of Juri jv Parlay , Los Diablos,Goliath and Outamind

Ggp drilling of Teach,Swan and London?
and maybe Rudall

New Resource estimate/ PFS maybe Aug/Sept

A lot of possible catalysts this year

Mar 2020
Well it's Mar 2020 and what do we have.
A share price been languishing at 1.6p has just jumped to 2.7p on Sandeep Biswas Presentation in Canada. Coming out with words like "grades ten times better than Telfer" outstanding for the Paterson Region. "We are progressing this at some speed to start the Decline by end of 2020 together with a resource estimate.
Copper price languishing around $5700
Gold Price below $1,500 ounce
Cobalt Price $27,000 pt

PI's estimates ranging from 3-5m oz
Still open at depth, to the N, to the NW, E and SE
GH still coming out with superlatives

I wonder what we will have in 12 months time in 2021

Sandeep doing another presentation "Best results" to date
Copper price $9,000
Gold $1725
Cobalt $51,800
PI estimates ranging from 12-17m oz plus
gold equivalent of 11m
Still open at depth,SE,E,N,NW and a new zone of breccias.
The Box cut started
A new joint venture with Newcrest.
A new licence called Rudall and another further to the SE.
Oh no GH stepping aside for a more experienced mining chap

A share price of 21p
Ah these thoughts are what dreams are made of :))))))

Back to fundamentals

I know in my own mind the assets are worth multiples of the share price.

Just a few highlights of our assets:-

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 major cobalt resources.

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.
Blackhills:-
At least 6 targets including Saddlereef 1400m long gold target one end poking out of the ground suitable for open pit.
Also Parlay a bullseye feature on top of a main fault line.

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.

Scallywag 100% owned:-
At least 12 known targets the majority of which are sat near fault lines.
Underexplored

Rudall :- 100% owned
Bullseye feature underexplored

Ernest Giles:- 100%
2 x 5m oz targets identified plus numerous 1m+ camps of gold deposits
Plus a large nickel target

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

Canning
Tabletop 1&2 licence applied for

When you look at all that short term investment is not what this share is about.
The long term prospects look really promising
Gold 12-28m Havieron
12m+ E.G
1m+ Warrentina
1m+ Firetower

Plus copper plus cobalt plus nickel plus zinc.
Plus Paddysat :))

This is a big company in the making and I'm certainly going to enjoy the ride