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This is the calculations I did after the Quarterly presentation :-
I think I've been very careful/conservative with my assumptions:-

"I've gridded the plan and fairly accurately I believe the area = 176,000 sq m after deduction for the dyke.
I've split the depth into 2 sections
900m deep for the 650x375 section
300m deep for the 800x500 section
2.75 breccias specific gravity
0.75g/t average breccias grade

900x 176,000 x 2.75x 0.75 divided 31.1=10.665m oz

300x 314,255 x 2.75 x 0.75 = 6.25m oz
Total = 16.9m oz
I've worked out the gold recovery rate is about 89% average of the breccias and sulphides
Therefore the quantities are around 15.3m oz.

The 2.75 is conservatively on the low side
the 0.75g/t may increase.
On present published dimensions I'm estimating the Eastern breccias around 900,000 ounces, i can't see the average grade or sg being much higher than 0.75g/t or 2.75.

If the main ore body goes up to 1.25g/t the quantities increase to 28.5m
At 1g/t = 23.5m oz

It's all about the average grade but from what I'm seeing 1g/t or less is realistic "

From these calculations I've not taken into account for the High grade zone allowing this to compensate for any waste rock.
I've used 0.75g/t to allow for the shell cut off levels.
Cadia' new Train 3 Flotation process retrieves far more of the gold and copper and prevents it going into tailings, so if eventually employed at Telfer will increase the recovery rate above 89%.

Conclusion
@0.75g/t = 15.3m oz (most likely)
@1g/t = 23.5m oz
plus 11m gold equivalent ounces
plus any cobalt gold equivalent maybe 3m oz

Hi Hydrogen
That guy has taken the cut offs out of context where the shells information was rushed to get the Decline funding away.
The new drilling will upgrade and expand the resources estimates.
He certainly jumped into this very green, not understanding what's there.
Time and time again the drilling logs show continuous grades right through the ore body, hitting the HGZ to start and finishing through it deep down.
One end of a drill finished 1m @ 619g/t, that was to the west not the SE crescent.
He has completely missed the point that copper is evident right through the body and that Telfer is running out of copper.

Hi Sanboy
Don't fall for this type of poster, they will copy anything you write , post it and then pick it to pieces to suit their agenda.
Watch him copy this.

Presumably because they've got hold of 70% of this project for peanuts and are going to make $billions from the HGZ. it would be worth it from that alone. If there really are 500Mt of breccias then that could pay, but thats a 10x increase on the inferred resource.

That's why they are doing 65km of drilling in the next 4-5 months
You can't see what's going on that's the problem look at tonight's presentation at the new model they've brought out and tell me that there's not more there.
If you don't like what's happening I don't know why your here

I found this bit on Havieron

" In December 2020, Newcrest released an initial Inferred Mineral Resource Estimate for the Havieron Project of 52Mt
@ 2.0g/t Au and 0.31% Cu for 3.4Moz Au and 160kt Cu(11),(12),(13). Mineralisation remains open in multiple directions
outside of the Inferred Mineral Resource estimate, which indicates the possibility that the resource could continue to
grow over time with additional planned drilling activity.
Additionally, on 13 January 2021, Newcrest announced that its Board had approved funding of A$146 million
(~US$112 million) for the construction of the box cut, exploration decline and associated infrastructure at the
Havieron Project, following receipt of the necessary regulatory approvals to commence these construction activities.
Work is ongoing to finalise the Water Management Plan for the early works program and to progress the necessary
approvals and permits that are required to commence the development of an operating underground mine and
associated infrastructure at the Project."

According to tonight's presentation Telfer only produced 5,000 ton of copper last year and 180,000 oz of gold.
Can you see why they want Havieron?

Gold hedge price till 2023 of $1,907 average. No new hedges announced.
Realised copper price $3.12/lb

Your argument on low Breccia grades is flawed you are only looking at the inferred resource tonnage.
On a low estimate there's 500m tons of Breccia.
They won't take much of the surrounding breccias with the high grade, these will come out with the bulk mining.

Why would NCM spend all this time and effort just to get to the HGZ your argument is not feasible.

NCM are going to exploit this they want those Breccia's.

The information from those holes at Scallywag are indicators to a source, do some research

Hi SW
I can't agree much with what your argument is about. The main ounces are in the Breccias there's so much of it.
In July last year I posted my calculations for the SE crescent
The high grade came out at 2.2m ounces and the surrounding breccias nearly 7m ounces. Since then the high has expanded a bit. The MRE figure of 3.4m including some of the Northern Breccias ties in roughly with my calculations..
Originally as the crescent was being filled in the centre was believed to contain patches of breccias but these have gradually been filled in to form a mass of 3 different breccias types.
At a lowly grade of 0.75g/t at 1,000m depth 13m oz looks achievable.

You seem to be one of the type of investors who always say it's too soon you don't know what your investing in.
There were loads of those around at 0.6p when I first bought in . I could see from the information I had that this was big . Your type of investor is not willing to take those risks.
I can see from what we have at Scallywag there's more to come.
You mention 10-20p valuation that's totally absurd.
If a company offered that they would be laughed out the room

In my way of thinking production timelines are a minimum of 2 years from start of Decline.
Here's my views on what is going to happen:-
Start of Decline after infrastructure works End May/June.

PFS issued Dec 21.

Mining application for bulk ore mining.

Start of vertical shaft Dec 21 for 6 months

900m of additional tunnels,passing places, escape tunnels after vertical shaft from June 22

Bulk Mining approvals
Stoping tunnels to the South East Crescent and High grade zone Northern Breccias from June 22.

Removal High grades zones H1/2 2023

Continuation of the Decline to the base of the ore body approx 9km H2 2023/H1 2024

High grade zones need to be removed prior to the block caving, so that's approx 2 years from H2 2022 to H2 2024.
That is some going and probably not achievable in that time scale

Therefore that's 54m tons to be removed as the MRE in 2 years
If they remove 18m tons from the High grade crescent zone in the first year that's 2.2m oz of gold and 110,000t copper.
Gold price today $1838=$4bn
Copper price $3.80/lb=$836m
That's not the realised price they may receive
1 year programme for this looks too short as more stoping tunnels will be required as the Decline goes deeper.

Both high grade zones may be removed at similar times

Northern zone High Grade Zones
34t @1.1g/t and 0.15%
Gold $2.2bn
Copper $387m
That will not be the realised price after costs.
Therefore:-
Greatland share 30% = $ b.....dy lot :))

Hi Jdt
The fundamental reason for Had001 was the information gleaned by Ggp from the historical drill results.
The vectoring science wasn't around when they were drilled.
Had001 came from increased knowledge from those few holes.

Scallywag around Kraken has had no historical hole results so they were drilling to test targets and in this case the IP targets.
The information I can see and gleaned from Magic presentations we are right on the edge of something.
This was just the start of a long road.
ATB:))

Investors must remember that Newcrest/Ggp joint venture already owns the strip of land upto Blackbeard for the access road.
This partnership will more than likely take over Scallywag when the time is right but Ggp will want some benefit from it more than the Juri jv

Hi Mamba
I hope you are not going to judge the remaining 4 holes results are your investment decisions.
The depth they've gone down I doubt the results will be much different and I'm expecting i'll informed posters to keep on mentioning dusters.
This campaign is about gathering information to find the ore body, if they find it I will be well chuffed.
The share price at the moment has been forced down for one reason or another and we saw this many times last year especially when it got to 12p.
There's a lot happening this year, don't listen to inexperienced investors here who are putting them in the bottom drawer, that's total nonsense.
You should be investing here on the prospects of Havieron alone and treating Scallywag and others as a bonus.
Havieron is a once in a lifetime opportunity and not to be missed
ATB:))

That was a good first interview from Shaun but it's overshadowed by my frustration at numerous posters calling Scallywag a duster.
I'm boiling over, how can anyone invests thousands of pounds and not researched what they've invested into .
Scallywag licence is around 20km in length and they've reported 3 holes of 3 or 4"
In those 3 holes they've obtained more information than all the ground surveys put together and with the new science of vectoring can point them to the next drilling campaign.
Antipa have just reported a 27 hole drill campaign.
3 holes are just pin pr.cks.

Newcrest had drilled Havieron in the late 90's and missed the ore body, if vectoring was about then they would have found the ore body.
Scallywag was NOT a duster , come back on here if you dare and prove to me it was a duster.

There's also 12km north of Kraken with 9 new targets been announced on Scallywag licence how is that a duster.
There's another new target to the south called Teach where the vectoring is pointing to, how is that a duster.
A duster means there's absolutely nothing there.
What can't you see?

Hi Ben
I keep out the way when it gets like that, inexperienced short term investors not looking long term.
I've been here so long you could class me as a LTH
ATB Keep Warm :))

There's only one Havieron.
Stunning results nearly every time.

Antipa announced latest drilling at Calibre,
27 holes
Multiple small mineralised zones, some good grades, some average.
Looking between these zones is 10,20,30,50m of rock, when mining all these zones the gold grades will become diluted and less economic.
This isn't the case at Havieron, the gold is mainly in the veins surrounding the Breccias right through the ore body.
This is where you see 300m at 1 to 2g/t.

De Greys are similar recently announced 100-200m at 1-2g/t

There's only one Havieron (but might be another at Scallywag) :))

Newcrest
Half year results on Thursday in Australia that is tomorrow night.
After last years meeting Sandeep did a presentation that started the rise in the Ggp sp.
I'm looking forward to what he has to say

How can anyone write off Scallywag on results of 3 exploratory drills?
I've done quite a lot of research since those 3 drills , mainly on vectoring and indicators.
It's not something I was very aware of, it is a new science developing in the last few years.
There are are lots of different types of studies going on and lots of presentations on Youtube to watch and learn.
Some of these studies are:-
Isotope dating that can track the age of minerals back to their origins position especially lead Pb

Chlorotite tracing
Sulphides compositions
The PH of minerals
Water quantities in the magma melt
Water salinity
Magma pressures
Magma cooling time scales

I'm sure I've missed some, if I can work this out I'm sure others can, and I've only got an O level in woodwork :))

There is an ore body close to Kraken, whether it's as far as Teach only more drilling would confirm that but it could be under London,Blackbeard or Kraken.
The vectoring and indicators suggest there is something close by.

This is going to get really exciting.
Artemis know Nimitz has alteration from Havieron.
Ggp have not found the Scallywag alteration source yet.

Hi Bazz
Those Havieron results really stand out from the others apart from that Brixton metals silver grade 1.2m @ 11,663 g/t.
De Greys results look fairly consistent.
ATB:))

Not much said here about the Nimitz results, too busy talking about Bitcoins whatever they are yawn!
Comparing Nimitz and Scallywag 3 drills each both have something very in common, both areas are described as having alteration,sills,quartz veining, indicators for a close system.
Nimitz is described as being only 2.5km from Havieron where the alteration has probably come from.
The peak gold there of 0.79g/t is deep down, it doesn't look to me as if it will be mined.
Scallywag results were much better than Nimitz, the gold values are in 75% of the samples taken at Scallywag but practically non existent at Nimitz.
There is Bismuth and Tellurium in most of the results in both targets.

With there being more gold and copper values in Scallywag than Nimitz is the ore body at Scallywag closer than 2.5km?
It doesn't look like Havieron is the Scallywag source.

How on earth can those grades be better than Ggp what nonsense. Which particular grade.
Havieron peak grade 1m @619g/t can they beat that no of course not.
Cobr have 2 Jorc resources 103,000 oz and 13,000 oz.
How can it get to a 100x sp of 3p?
That's £3 unlikely.
Can Ggp ever get to £3?
More than likely!

Hi Ben
If there is an RNS today it will say he's found the kettle :))))