Member Info for Bamps21

Hi Dodge
Sorry about that I'm not a fanatic on railways , just fascinated how all the tonnage at Havieron will get to Telfer .
That monster of a train of Fortesque could carry 30,000 tons. well if that was at Havieron 1 train per day could only feed Telfer with about 10m tons per annum.

I can just see Havieron needing its own plant and Kraken feeding both Telfer and Havieron in the future.

Hang on a minute my trains just come off the track. Choo choo :))

Found an interesting article in the Railwaygazette.com on the heaviest haul railway in the world (but 2008)
Bit apt with Hydrogens rocket :))

On May 15 2008, the conveyors at Herb Elliott Port completed loading 180 000 tonnes of high quality 'Rocket' iron ore on to the Cape-size vessel MV Heng Shan, which translates as Everlasting Mountain. This marked the culmination of an extraordinary achievement by around 12 000 people who have worked on the project. Celebrated as the 'First Ore On Ship', it was the first official shipment to China, quickly following a trial consignment of 70 000 tonnes that had been dispatched as part of the port's commissioning process.

Fortesque Mining spent $2.5bn building the line by Laing O Rourke with 3bridges,culverts and a flyover over BHP Newman line.
A big unloading loop at Port Hedland and a 3km siding at the mine.
I believe it's only a single track.
Each wagon can carry 137ton with 250 wagons.
This railway was built in 18 months

Hi Tig
Some of these ore trains just go on and on longest I think posted recently 7kms 23,000tons world record.
With only 45km to travel they could load it at one end and unload the other :)))))

Hi Tom
The max load a road train can carry in Australia is 136 ton
Telfer can take 20m tons a year that's about 800 road trains a day.
There must be a limit/target that they will swap to rail.
I can't see conveyors being used with asbestos dust issues.

I think the size of Kraken at depth is too wide for open pit more likely a block cave operation

ATB:))

Hi Randlebo
I suggest you re read the RNSs about Ernest Giles that's not what was said.

There is another but!
Hannam's grades of 6.4g/t I still can't work out where they got that from and also the amount of breccias they showed was very low

Yes. The last RNS describes the zones that will be in MRE due before the year end

The HGZ is 550m long not 55 :))
So my figures for the MRE has widened
5.4m to 8.4m

What measurements do we have of the HGZ
It's split into 3 layers and we've been informed that the highest grades are in the top layer
Top is 55 long x 20m wide x 230m deep =2,530,000 cu m specific gravity 3 and a grade >3-5g/t using 5 as the high side
= 1.22m oz
Middle 400 x 20 x 200 = 1,600,000 cu m
x3 sg x 3g/t = 463,000 oz
Lower 300x 20 x 300 = 1,800,000 cu m
x 3sg x 3g/t = 521,000 oz

Total = 2,204,000 m oz

In June Rns the Breccias adjacent to the HGZ had figures of 550 long x 100m average width x 630 m deep
= 34,650,000 cu m
x 2.75sg for breccias
x 2g/t (reported breccia grades are highest against the HGZ)

Therefore Breccias volumes = Breccias-HGZ = 2,981,000 oz

Therefore total ounces for this first MRE resource = 5,185,000 oz

There's a but a big BUT
The depth for the HGZ is 730m
The depth for the breccias 630m

They've stated that the Breccias have been observed down to 1,000m and increased to 1,100 in the last Rns
550x100x330 = 3.2m oz additional ounces.

I don't believe the extra depth will be in this initial MRE

Hi Lenz
NCM have said that the Inferred resource in Dec will only be the HGZ and adjacent Breccias.
The latest schematics of the HGZ show the average grades increasing to >3-5g/t by removing a lot of the lower grades from it but also by reducing a lot of the higher grades.
The latest drill results would have been factored in.
At the moment there is no announcement of an MRE for the additional zones.
My calcs haven't changed much and I'm still saying 6-8m oz
Hannam's is somewhere between 4-8m
ATB:))

When you punch in the numbers for calculations of the volumes for the HGZ and surrounding Breccias they won't increase much with additional add ons.
So don't expect huge increases with any delay!

The deeper depths will probably be drilled from inside the decline when it gets down to 400m vertical depth or about 3km of tunnel.

In the Eastern zone they are already drilling around 2000m + due to the angle of drill so this section won't be included in the MRE, as there is still too much to drill.

They have been concentrating on infilling unknown areas within the HGZ to confirm the grades.

Getting the grades average higher is the only key to a higher MRE at this early stage.
There is going to be years of additional MRE until the Full Feasibility Study is out and even inferred sums at deeper levels will still be coming in.
Remember the timelines PFS end 2021, then Phase 4 2022-23 then 5% possible buy from NCM.
This is a very long exciting project.

Hi thelearner
Thanks I haven't seen that before, just had a look at the mine extension proposal for Telfer 2002 . Interesting table of consumables.
ATB:))

Hi Hydrogen
According to NCM sustainability report the main fuel at Telfer is diesel and LNG that's why I said I wasn't sure about a gas main.
There is a chart showing what quantities for what purpose, I can't remember about mains gas but Cadia has got it.
They won't be able to use diesel for another 30 years, the future is hydrogen:))

Hi Davidimus
That's the exciting thing about EG
Later news realeased said there were a couple of 5m oz targets plus numerous 1m oz camps and they've not scratched the surface of what's there due to the size of it.
Empress didn't come up to expectations though and they have relinquished that licence.
They have gone to the Paterson to concentrate on finding Tier 1 assets , like Havieron ready to mine.
EG maybe classed in time as a Tier 1 ore body, mainly down to having no infrastructure and that is why it can't become a Tier 1 asset yet.

ATB:))

Hi ejt
I've done quite well with ITM topped up 18 months ago at 20p :))
Bought some more with last weeks rights issue c230 now over £3 again.

I've noticed they have a contract with Anglo American, I wonder how long it will be for Newcrest to convert Telfer to hydrogen.
Somebody mentioned a gas main at Telfer, I'm not sure if there is one most of the fuel used at Telfer is diesel.

I'm probably on my own here but I'm quite bullish on Ernest Giles.
Timing has whats caused the project to pause.
The RNS of May 2017 when Newmont were invited to do survey work on EG gave me the optimism of a successful partnership.
Although Ggp had done some exploratory drilling before that date , it had not even scratched the surface of this vast under explored licence.
Then the January RNS
"Newmont has informed the Company that its current corporate priorities are largely focused in other districts. Consequently, it has informed Greatland that it will not be proceeding with the project at this time. Newmont's six month right of first refusal over the Ernest Giles Project has already lapsed in accordance with the agreement announced 16 May 2017.
Newmont's DSG survey has been successful in defining a new large gold anomaly, covering an area of approximately 5km by 1.5km and untested by previous drilling.

Greatland Gold continues to hold 100 per cent of the project and is well financed to proceed with its alternative plans to progress with an exploration programme using the results of the Deep Sensing Geochemistry ("DSG") survey conducted by Newmont.

Key highlights of the DSG results included:

· Large 5km long by 1.5km wide gold anomaly identified, oriented in an east-west direction, that sits approximately 1km to the north of Greatland's previous drilling;
· The large anomaly identified has not been drill tested and sits perpendicular to the regional geological strike suggesting a strong structural control on mineralisation;

· Several additional robust gold anomalies successfully identified, many of which have not been drill-tested; and the DSG survey was also successful in identifying overall basement lithological trends and recognised a belt parallel alteration signature commonly associated with large scale mineralised systems.

Greatland anticipates that it will be lodging a Programme of Work with the Western Australian Department of Mines and Petroleum in the next two weeks and, subject to approval, anticipates that it will be commencing a targeted exploration campaign at the Ernest Giles project in Q1 2018.

Gervaise Heddle, CEO commented: "The collaboration between Newmont and Greatland has successfully defined several additional gold anomalies, and we would like to thank Newmont for their efforts. The results of their survey have enhanced our understanding of the project and identified multiple new targets for further exploration work, reinforcing our view that the Ernest Giles project has the potential to host several multi-million-ounce gold deposits. We are well financed to actively progress exploration at Ernest Giles and look forward to reporting progress through the year."

The timing of this clashed with the finds at Blackhills and Havieron first drilling campaign.

I believe the writing was on the wall and EG was going to be mothballed after the drilling campaign which was in itself quite successful.

Hi Redleader
I think it must have been me telling Tig we won't have $12bn worth of cobalt it might only be $6bn :))))))

We've had loads of shares issued in the last few years and the share price this last 12 months has soared passed most people's dreams.
I'm not worried by more dilution,
more cash means more drilling,
no cash means sat on your assets doing nothing on a downward spiral.

I keep going on about Cerp having that resolution blocked by Schroders and the firm stagnated unable to function.
Be careful if you are intending to vote against it could backfire on you.

Remember your Nominee Account holder will vote with the Company unless you specifically want to vote against, so if you are going to vote 'for' you might as well let the account holders do it

ATB:))

Hi Kevin
The description of the company changed sometime ago from a gold, copper and cobalt exploration company.
If you look at the last RNS it states Greatland is an exploration and development company.

That could mean developing up their assets pre mining or development of their assets into a mining asset.

Now that the WA authorities are classing Havieron as a mine it looks like the second option is what it means.

ATB:))

Hi napthman
My calculations for that list are
The "A"s were down 27
The"B"s were up 21
The "C"s oh all right I give up
You copied the wrong list that was Aprils there's a November one.
Sorry! he he

Hi Jet
Thanks for that I haven't laughed that much for ages, it linked me to a conference in Strangeness of Quark Matter.
I'm only rated 168 in the rampers list that's cos I bamp too much :))