Member Info for Bamps21

Hi Mush
Hope you getting on ok.
You've asked me a question about one thing I haven't been able to track down but I believe 2,750ppb is 0.275% , now I'm not certain on that but if it is that's a wow from me :))
It's easier to compare %
Take a look at Winu they're MRE is 503m tonnes with around 0.45% copper peaking over 0.6%
That's the 126th largest copper find since 1990 and the biggest in the last 5 years.
Now look at Havieron
500m+ tonnes and suggested 0.4% cu,
the drill logs are picking up grades of 1%+
and a high peak of 12%.

I'm not making any comment on comparing these 2 mines but I think you can see what I'm thinking.

The Havieron copper ppb doesn't really relate to the 0.4%

So if Scallywag is 0.275% it's going to be some beast
Kraken 1,000,000,000 ton magnetic anomaly twice the size of Havieron.

ATB:))

This is all I can find regarding what's at Goliath from Dec 2019 MMI survey

"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."

From Rns dec 2017 for Havieron
Clusters of elevated gold, silver, arsenic, copper and iron in MMI results are proximal the peak co-incident gravity and magnetic response. An elevated MMI response in pathfinder elements (cerium, lanthanum, uranium and lead) to the immediate SE of Havieron suggests primary basement mineralisation may be present along strike in a structural contact for up to 1.5 kilometres. Peak MMI responses over Havieron were 4ppb silver, 70ppb arsenic, 25ppb gold, 834ppb cerium, 710ppb copper, 53ppm iron, 284ppb lanthanum, 860ppb lead and 112 ppb uranium.

From website for Scallywag
Highest results returned from MMI sampling were 8ppb silver, 50ppb arsenic, 0.4ppb gold, 480ppb cerium, 2750ppb copper, 280ppb lanthanum and 240ppb lead.

Can compare them a bit easier like this,
you can see the gold in Scallywag is lower and the copper is higher

Aero Mag surveys are normally used in the first stages of exploration, they are used to find magnetic responses normally iron.
However their depths are limited and are normally followed up by ground geophysical surveys and ground geochemical surveys.
They recently identified Parlay and also 4 new targets on Paterson Range East.
Apart from identifying possible targets they're normally used together with the other surveys to highlight coincidences.

If their is an announcement on the AEG I'm not expecting a great deal of information unless it comes with something else.
It could add information to Barbossa as from what I can gather it's the west side of Scallywag they were doing.

Also the south end of Scallywag needs geophysics which was supposed to be happening at the same time as the drilling.
A lot of exciting news to come in the next few weeks, especially if they're still drilling Kraken.

Hi Jet
Their production in Queensland looks very small. They looked stretched in my opinion.
ATB:))

Hi Drankwell
I can give you 20 reasons :-
HAVIERON is a conspicuous 'bulls-eye' magnetic anomaly, as seen in airborne data sets, with an amplitude of approximately 100nT. There are more than TWENTY magnetic anomalies similar to that observed at Havieron within Greatland's Paterson licences and, in light of the exceptional mineralisation at Havieron, these represent compelling regional exploration targets.

Hi 944
Barbossa is big over 2km long. It's in a low gravity area similar to London but away from the hinge. There's been no magnetic coincidence issued that I can see, still very early days .
The drill that Paddy spotted looks further to the NW in a very low gravity spot.

If they do drill Barbossa this time it should be right in the centre where the 3D gravity model is, but I don't think it will happen this time as it's not a priority.

My top 5 priority targets apart from Havieron are
Goliath
Kraken
Saddle Reefs
Los Diablos
Prefect

The last 2 coincidences look stunning
ATB:))

Hi Paddy, Hydrogen
I think Goliath is the best example of a coincidence that GGP have inc Havieron.
On the plan they've detailed the magnetic anomaly and they show the 3 historic drills slightly to the North of the centre of it. Looks like only one came anywhere near it.
The magnetic and gravity coincidences look very large virtually central to it. The isosurface lines are quite dense.
I can't work out when these lines are closer if that is indicating more iron and minerals.
Some of the papers I was reading were over my head .

Anyway the volume of the coincidence is enormous and the rest of the anomaly is just as enormous .
3,000m across and 2,000m deep

ATB:))

Blackbeard: An elongate 2.6km by 400m ultra-high intensity magnetic anomaly with a coincident moderate amplitude gravity feature. The IP chargeability response at Blackbeard is observed over 800m of strike.

Comparing the 3D modelling on the cross sections with Kraken.
The Kraken model is a cone shaped structure with the tip having a coincidence with the gravity survey. The magnetic susceptibility iso surfaces have a spacing of 100-200m and there are 5 isosurface 'contours' down to 1000m.

The Blackbeard modelling shows a larger elongated cone structure with the coincidence area twice the size of Kraken.
The ground magnetic surveys only protrude to about 200m, the cross section is suggesting the coincidence goes a lot deeper.
The isosurfaces are a lot denser with 7 in the 1000m depth.
That's at the North end , at the South end there is a bulbous anomaly heading towards the surface with similar isosurfaces. Small coincidences shown.
The best copper grades are shown in the N and the S end.

Only drilling will tell us what minerals it contains but it's huge 3x the size of Kraken or 6 times Havieron.
Oh dear Bamping again :))

Just a reminder of what is coming at Scallywag from 2018.
HAVIERON is a conspicuous 'bulls-eye' magnetic anomaly, as seen in airborne data sets, with an amplitude of approximately 100nT. There are more than TWENTY magnetic anomalies similar to that observed at Havieron within Greatland's Paterson licences and, in light of the exceptional mineralisation at Havieron, these represent compelling regional exploration targets.

The SCALLYWAG TARGET lies approximately 6km west of the Havieron prospect within the Havieron licence. The Scallywag target, as defined by detailed aeromagnetics (50m line spacing) and ground gravity (400m x 200m) covers an area of approximately 6km x 3km. Interpretation of aeromagnetic and gravity data shows a large scale folded and faulted sequence of prospective Proterozoic basement rocks under some 50m of recent cover. MMI sampling over the Scallywag target was completed in late Q3 2018 at a sample spacing of 400m x 200m; results have been returned and are reported here.
MMI results from Scallywag display discrete elevated gold, copper, silver and arsenic MMI responses along the western parts of the target area over a strike length of some 6km. Supporting pathfinder elements of cerium, lanthanum, iron, lead and uranium are also coincident along this trend with several clusters of samples displaying a strong multi element response. Highest results returned from MMI sampling were 8ppb silver, 50ppb arsenic, 0.4ppb gold, 480ppb cerium, 2750ppb copper, 33ppm iron, 280ppb lanthanum, 240ppb lead and 335ppb uranium. Response of certain groupings (or suites) of elements over parts of the Scallywag target are similar to those seen in MMI and drill core from the Havieron prospect.

The MMI results are not spectacular but the range of minerals looks awesome and over 6 km of strike.
The Kraken anomaly could be 300-400,000cu metres , just the tip showing in the coincidence, I'm really keen to know what secrets it holds.

Hi Paddy
Sorry misread that.
The lead in times could be a factor especially with Covid restrictions on movements.
The break neck speed of NCM might determine what they use anyway.
The waste rock if it was in this country would be worth a small fortune, in the middle of the desert I expect it will be put to one side.
Keep up the good work:)))

Hi Paddy
Just a couple of points on your post
12 degree slope seems rather steep I believe most declines are about 6-8 degrees.
The Decline Design is quite complex and most use a software system DOTS2 to get from points A to B and other points on the way and this should determine the route.
To dig the portal entrance down to 500m is 100m below the ore body that seems excessive.
The waste rock will surely go to a tip site , apart from road material I can't see what value is in it.
I've been involved with numerous tunnels in my time and drilling machines are by the best.
70m per week versus 1500m per week would seem a no contest to me.
I will leave it with NCM they are the experts.
ATB:))

Hi Bully
The 176,000 square metre area is the shape of the oval. I've tried a few ways of measuring it and that figure is a close mean.
The volume of an oval cylinder is half the length of the central axis plus half the length of the vertical axis x Pi (3.142) x the depth

Hi Lenz
You need to check out the cross sections, the limits to the oval are defined, the depth is still in question but the grades lower down are diminishing.
The only unknown on the plan limits is the High grade breccias zone which is protruding through the northern edge from around 600-1200 below surface, but the volume increase might not make that much of a difference.
What they are drilling for now is to define that northern bulge and the central grades of the breccias.
The specific gravity and grades of the breccias could have an exponential effect on the volumes of gold now , not the additional limits.

Hi thirdman
All depends how they excavate the decline.
The latest drilling machines can drill at quite a pace if concrete segments are not required.
3,000 metres to the top of the ore body would take 2-3 weeks.
Paddy told me in WA they use drill and blast, this will take months and months.

I hope they are looking to drill it personally and hearing what SB plans are he wants to start stoping asap a drilling machine must be on the cards

Nah that's not right it's volume is double Havieron:))
All depends now what's in it now.

I'm trying to get a size for Kraken.
From the cross section the coincidence of the gravity and magnetic survey looks to be about 250m dia and approx 500m deep which =
Area 49,000 sq m
Volume = 24.5m cu m
The coincidence is a lot smaller than Havieron.
From the cross section though the anomaly can be seen extending NW and finishing abruptly SE. They have drilled in the NW where the MMI survey picked up a high copper site.

The exciting unknown is the 3D model has shown the anomaly widening out to about 1200m dia at 1,000m depth assuming it's a bullseye feature.
So at about 1000m depth the area is around 1.1m square metres

Rough estimated volume = 377m cubic metres of the 3D anomaly
That's about 2/3 rds of Havieron

I've been playing about with the plans and a scale and come up with a few area measurements.
I'm happy with 176,500 square metres
x1000 =176,500,000
The Specific Gravity of Breccias varies between 2.67 and 2.87
Using the grades for Breccias on the plan
cemented >1g/t
crackle >0.5g/t
Average 0.75g/t
Total Au oz = 11.7m oz

I've not allowed for the High Grade Zone.

I consider this to be a minimum total
Reasons
If there are chalcopyrites in the Breccias the specific gravity will rise.
Additional HGZ ounces.
The previous plans show the Breccias as having 2g/t and 1g/t which would double my total.
The Breccias around the HGZ are also about 2g/t.

In conclusion there's a lot of gold in that hole :)))))

Regarding early works to monetise the project I've picked out this piece:-

"In May, it became clearer the market was excited by the project when it became the focus of investor questions following Biswas' presentation to the Bank of America 2020 Global Metals, Mining and Steel Conference.

Despite Newcrest raising A$1 billion days earlier for a deal in Ecuador, most of the interest was around Havieron.

Biswas confirmed a prefeasibility study was already underway.

"It will come with much higher margins and lower costs, so there's a real fundamental economic equation there, which, I think, when we do the PFS and confirm it all will look pretty good," he said.

"The first stage, ideally, would be a high-grade selective stoping operation and, it's hard to say, I hope it's 1 million tonnes.

"If you think of 1-2 million tonnes at the grades we're seeing, that's quite a bit of ounces in a small amount of material.

"We're excited about it for a reason."

Last month, Newcrest reported a hit of 109m at 6.3gpt gold and 0.71% copper from 668m, the best result to date.

The hole included intercepts of 55.4m at 11gpt gold and 0.79% copper and 4m at 78gpt gold and 1.2% copper."

My memory must be going a bit cos I don't remember the peak grades of copper being 12.38%.
That is stunningly huge, I mean HUGE :))))

Hi Tmt
I think that was a wonderful post.
I am really concerned though about the pressure everyone is asserting on Paddy, I think he is a gem of a poster and I believe everyone should take a step back and think what pressures you are putting on him and would you like to be put in his position.
It was a great accolade that WM mentioned him but please let's all back off a bit.