Member Info for Bamps21

I doubt the next 4 holes will tell us anything different from the last 3 holes.
The coincidence centre is at least 750m depth at Kraken so 550m at 70 degrees is around 375m depth, take out the cover they've hardly gone into it.
London 002,003 are 414 and 450 long again at an angle .
There must have been a reason for not going deep enough to test the computer modelling or to drill at those angles.

It was only an exploratory drilling campaign with a small budget, so RC drilling fitted the budget.
The cores from the Diamond drill will provide key information for future drilling but it will need a bigger budget for deeper drilling

This is to do with changes in the magma from 10km depth at 3kbar pressure at Malartic and how its ph and alkaline changes as it passes metasedimentary and mafic-ultramafic rocks

"Consistent with the constraints noted, we propose a genetic model for the Canadian Malartic deposit in which felsic to intermediate, borderline alkaline to subalkaline magmas, emplaced at midcrustal levels, exsolved relatively oxidized (logfO2~-19)
......,
?, CO2- and sulfur-rich (?aS = 0.1) auriferous fluids. These fluids rose to higher levels (~10 km; ~3 kbars), where they interacted with associated porphyritic monzodiorite intrusions, clastic Pontiac metasedimentary and Piché Group mafic to ultramafic rocks. The porphyries and metasedimentary rocks buffered the fluids to near-neutral pH, whereas the mafic-ultramafic rocks buffered the fluids to higher pH and lower fO2
?. Ore deposition resulted from pyritization of the host rocks and oxidation of the mineralizing fluid, which reduced aH2S
and caused destabilization of gold bisulfide species, leading to precipitation of native gold.

One of Magic's pointers he sent me regarding the Malartic goldfield:-
Conclusions

The results of this study provide compelling evidence that whole-rock lithogeochemistry is a valuable tool for mapping the intensity and distribution of hydrothermal alteration related to gold mineralization. By mapping the distribution of the mass changes, it is possible to gain insights into the paths taken by the hydrothermal fluids responsible for ore-formation, and to identify parameters that could serve as vectors towards gold mineralization.

From what I've read from Magics info the mineralisation alteration at Malartic is very similar to what we've seen at Scallywag as he said in his video.

Magic has given me some homework to do. I think I've got 1/10 I'm sure I spelt my name right.

The mineral alteration we are seeing at Scallywag is a pointer to geologists that there is an orebody near by feeding this alteration.
Apparently geologists can do detective work by lithogeochemical analysis, they can tell by the mineralisation in the samples which way the orebodies are likely to be, so the more exploratory drills they have the more clues.
As Magic has said it could be underneath or next to it, the paper he gave me suggested it could have traveled upto 10 kilometres.

Another way is by the mass, as magma moves passed rocks their mass changes(not too sure on this bit need to read a bit more)
Also the quartz veining can be categorised from the orebody.

The pathfinder minerals therefore give clues where the likelihood of an orebody might be located.
I would imagine Ggp geologists are studying these results very closely.

Got a headache :))

Hi Gimme
You say the assays were duds but the assay results show every sample had ,copper,zinc,lead and Bismuth values and three quarters had silver
The copper values are economic

I've no idea what you are getting at

Gimme
You certainly haven't read the drilling logs or my last few posts

My expectations are still high that Blackbeard,Kraken and London are all connected, one huge system.

The 44 samples of the 3 drills are all similar which to me is indicating one system.

What did we know before today
MMI survey indicated high copper content and low gold content North of Kraken and the North of Blackbeard.
Cover was between 50 and 150m
The IP responses and mag/grav are deep

What do we know now
We have high copper values and low gold values
The cover is deeper than expected
80+ historic drills didn't get through the cover
The drilling logs show 44 samples taken from 3 drills and all of them showed copper, Bismuth , Lead and Zinc, 32 showed silver values and 15 showed gold.
The anomalies are too deep for RC drills
The mineralisation found are pathfinders to further mineralisation
The magma fluids have flowed through the system and there's a lot of quartz veining.
At least 10 additional targets
Blackhills South has been split up into maybe 3 targets one called Swan.
A new target called Teach also with a MMI high copper value site.

On reflection for the first results these look impressive to me.
The problem is people are comparing them to Havieron and as I keep saying there's only one Havieron.

The new targets Teach has had some MMI survey samples taken on it's Northwestern edge with Rio licence.
One spot has a high copper content.

It also has a high mag/gravity coincidence

Certainly looks like 3 in a row-
Havieron :- Gold, Copper & cobalt
Teach :- Copper & ?
Blackbeard :- Copper, silver, zinc and Bismuth

3 drill holes reported
Kraken 001
Blackbeard 001
London 001
44 samples taken fro all 3 holes

Gold found in 15 out of 44
Silver found in 32 out of 44
Bismuth found 44 out of 44
Copper 44 out of 44
Lead 44 out of 44
Zinc 44 out of 44

Do they really look like dusters don't believe these idiots, where's the proof they're dusters. I doubt if you will find any

Historically Newcrest drilled 15 holes at scallywag between 2003 and 2013 varying in depth between 34m and 123m.

Another company drilled over 70 holes with an air core drill and never got below 85m.

Looks like all these holes never got through the cover

3 drill holes reported
Kraken 001
Blackbeard 001
London 001
44 samples taken fro all 3 holes

Gold found in 15 out of 44
Silver found in 32 out of 44
Bismuth found 44 out of 44
Copper 44 out of 44
Lead 44 out of 44
Zinc 44 out of 44

My reference to a post I did a few weeks back where I was suggesting they're all linked certainly looks to becoming true studying these drill logs.
If these were separate systems I doubt if the logs would be so similar.

Just goes to show that the MMI results are very close to these drill logs

Hi Tom
I did see your message
I never thought that this area was shallow, the modelling on the cross section has always indicated deep anomalies.
The 3 drills have hardly touched a third of the way down.
I warned people not to expect good gold grades but look at the copper and that's exactly what's happened.
Did they look at the gold grades, well yes they have and panicked .
Very interested in the Bismuth $6,000pt and the price has been suppressed by the US/China tariffs, the price can only get better.
The other hidden gem is Mo
Molybdenum- NCM built another plant at Cadia just for it and it's brought the AISC right down.
Mo is normally found around the halo in a massive sulphide structure, so what's below it.
I never got into the 5 drills debate but they were looking for something in a low gravity area.
The IP at London looks really deep.
Looking forward to one of those drills testing the connection of Kraken and Blackbeard.

The Pirates were really in action today raiding investors treasure chests and now Teach has turned up with more treasure:)))

As the first of their exploration drills I thought it looked quite good. I still think there's a lot to be found.
It's definitely not a bad RNS like some on here are spouting.

The main word to look at is pathfinder.
The mineralisation is pointing to other minerals not yet located.
The cover looks deeper than I thought, I was expecting 150-200 looks like around 290m.
They've drilled about 300-500m into the ore
I thought Teach would be highlighted by the AEG and now a lot of other targets to be explored.

Total over reaction by people who don't listen.
Only 3 holes reported and they've not gone deep enough to find what the IP responses are
I have been saying for sometime don't panic when the results come out these are huge targets.
Silver quantities look higher than I was thinking , 1100ppm copper is more than economical
High levels of Bismuth all the way down @$6,000 pt
Tellurium quantities look good

These 3 have not gone down deep but
one of the next drills has gone down deep to find the IP

All I can say is very strong buy

Hi Panama
Sending my condolences, sad news, I hope you are ok
Bamps

Hi Grizzle
De Greys are very different to Ggp at the moment they are going it alone but they have some income. That large placing means they have over a $100m in the bank but their costs are mounting with lots of exploration drilling, PFS and FS looming.
Havieron has the added luxury of copper , it needs different processing circuits than Hemi and as Jim pointed out the copper in the gold concentrates is seen as a contaminate.
De Greys seem a well run outfit and likely to succeed but those costs make me nervous to invest
ATB:))

Hi Hydrogen
I've no doubt he's correct , I would like to see it if possible.
The thought of going it alone makes me very nervous the costs for getting a mine to production are staggering.
Anything might not go to plan.
The debt for a small company would be too much to bare especially one with no income.
I harp back to my thoughts on Scallywag if it's twice as big as Havieron then the exploration costs alone could be $200m but what if it's 4 or 5 times as big, so it puts a processing plant cost of $500m in perspective.
ATB:))

Hi Hydrogen
I've no doubt he's correct , I would like to see it if possible.
The thought of going it alone makes me very nervous the costs for getting a mine to production are staggering.
Anything might not go to plan.
The debt for a small company would be too much to bare especially one with no income.
I harp back to my thoughts on Scallywag if it's twice as big as Havieron then the exploration costs alone could be $200m but what if it's 4 or 5 times as big, so it puts a processing plant cost of $500m in perspective.
ATB:))

Hi Hydrogen
I doubt if that would cover the copper circuit as well :))
or the tailings dams
evaporation ponds
8,500m more Decline ++++
stoping tunnels
crushers
conveyors
Ball mills
waste rock tip costs
water extraction

I think I've missed some :)))
Nah let Newcrest do it.