Member Info for Bamps21

Hi Magic
Thanks for that info
I'm expecting them to do one deeper drill to test the depth mainly to govern the decline design depth. Block caving will be at the base of mineralisation so at about 1500m below surface would be my best guess.
ATB:))

Hi Magic
What do you think is at the bottom of 'still open at depth'.
Could there be a source of the magma.
The lowest drill results looks as if the mineralisation is decreasing at about 1500 below the surface.
ATB:))

Hi Tig
I've read their technical support they have a few issues to overcome.
Refurbishing the plant
Tailings foundation support
Electric supply running at max
Historic stoping backfill not safe
Geotechnical difficulties underground
Not block mining, more stoping

But prospects look good
But not as good as here
ATB:))

What quantities could be in the MRE?

Gold 4-5m oz in the HGZ
Gold equivalent i.e. copper, cobalt etc 5-6moz in HGZ

Concreted Breccias 10m oz gold
Crackle Breccias 5m oz gold
Gold equivalent in breccias 5m oz

I've roughly scaled the dimensions for the Breccias and maybe over the top with the equivalents +/-Bamps 10% and +/- Mickey's 10% :))

Newcrest have stated a Havieron Inferred Resource in the Dec quarter and Red Chris Initial Resource by March.
The 2 are different meanings there's still more to be proved

The cross sections tell the story of what they have found at the moment.
5-5 running NW-SE shows the HGZ thicker zones . Thicker at the top tailing off between 1200-1500 below surface with the cemented breccias following them down below 1500.
3-3 Shows the HGZ thin all the way down and very intermittent but with crackle breccias all the way down with areas of cemented breccias.

It's the cemented breccias they've quoted at 1g/t and crackle breccias at 0.5g/t.
The Northern Breccias zone is the cemented breccias at 1g/t and is an irregular shape open at depth within the crackle breccias.
The crackle breccias and Northern end of the cemented are still to be defined.

At the Northern end I just picked this clip out:-
"importantly hole 46W1 is associated with an intense sulphide association "

Overall I think my calculations of 2.4m oz in the HGZ will only increase a small proportion but the breccias could blow my 7.4m through the roof :)))))))

Hi Mr H
asset rich because all the licences have some form of minerals in quantities and the market prices are rising fast on most.
Potential endless - well it just is :))

Hi Davielad
I keep overlooking Rudall as there's no surveys been carried out yet, it's hard to know what's there but it's been highlighted as a possible gold prospect on the NW-SE line
ATB:))

Hi liversage that's hard to say here's some highlights:-
Havieron - possibly a Tier 1 asset, joint venture with Newcrest near to mining.

Scallywag - 4 main targets latest drills on 2 of them waiting for results

Blackhills- an advanced project gold at surface in Saddle Reefs. Latest drilling at Parlay for gold

Paterson Range east- 19-20 targets including Goliath a high priority target drilling expected soon.

Panorama- Long lengths of gold anomalies and 200 square kilometres of cobalt anomalies.

Ernest Giles - Still underexplored but suggested 5m oz gold targets and 1m oz in other camps + large Nickel anomaly at Carnegie

Bromus- Nickel and zinc anomalies

Warrentina- 1m oz gold field maybe for sale

Firetower- another 1m oz gold field

+ any other minerals they find

Asset rich, potential endless :))

Hi Nige, Tmt
Planning an exit strategy for Ggp is hard to do at the moment it's still growing. Would be looking at PSN and Tw for divis although not keen on the specials too much of a roller coaster.
One I will be increasing for growth is the hydrogen ITM, stalled at the moment but been a star for me from 20p last October to £2.50-£3.00.
I've also been in and out of Alba assets mainly in Greenland so price gets lower in Winter but the Welsh gold looks exciting, for a small company to mine this on its own looks daunting and exciting $10,000 per oz
ATB:))

Hi mush
That is sad news I was looking forward to meeting you before you go to Portugal and all the others .
There's a pub near me where some of staff have proved positive, made people nervous, that was just after the big antique market on the Three Counties Show ground.
I would like to wish you all the best on your venture:))

Hi TmT , BiW
Just read some Tech stuff on PUR there's some ifs in there for me. Ggp much safer investment.
Tailings foundations need work
Underground geotechnical structural difficulty
Electric load capacity nearing max
Historic backfilling needs investigating.

Hope your investment is profitable for you but I'm holding Psn and Ggp

Hi Nige
You said the same about Ggp :))))

Hi BiW
Well done hope it works out
ATB:))

Hi mercedesman
They are trying to phase out the cobalt at present it represents 30% by weight of the battery. Tesla are trying to eliminate it but can only get it down to 2% which at that rate cobalt will be scarce by 2030. It's something to do with fire prevention I believe.
The Uk firm IKA are developing solid state batteries mainly graphene and silicons (might be wrong on that)
ATB:))

What does the future hold:-
Diesel cars being phased out due to emissions.
Petrol cars will become rarer as Palladium for the catalytic converters runs out.
Electric cars sales to boom and then fade as Cobalt becomes rarer for the battery's even with Tesla reducing the amount to 2%.
What is the future, the future is Hydrogen.

Ggp may have Platinum and Palladium in the Arsenide at Havieron /Scallywag and have Cobalt in Havieron and Panorama.
All 3 prices are likely to rocket with Cobalt forecasting to be 5 times todays price of $33,200
Oh and we have Hydrogen here on the Board :)) What price is that?

Hi Bully
That's nearly £1 a share without copper, cobalt or any of the other numerous minerals:)))

The High Grade Zone is a 'massive sulphide' structure , the gold grades within it are in the quartz- chalcopyrites, from the web site these grades are announced as 5g/t at higher level, 3g/t at middle level and 1.5g/t lower level.
From published dimensions I've worked out there is 2.4m oz in the High Grade Zone. This should increase with new figures published.
The brokers figures include an average grade of 6.4g/t and a specific gravity of 3.2, both to my mind look far too high and they produced a figure of 4.2m oz.
The Breccias surrounding the High grade work out at 7.2m oz at 2g/t.
The new zone could contain 1m oz looking at the cross sections, so 2.4 + 7.2 + 1 = 10.6m oz plus the unannounced crescent so the initial MRE should be way over 10 using published figures and maybe closer to 15 with the brokers.

The HGZ however is a sulphide zone this is where most of all the other minerals are found i.e. copper,cobalt,lead,nickel,
iron,molybdenum, bismuth and others. All of these are sulphides as chalcopyrites are copper iron sulphides.
There are a further 3 main groups classed in these sulphides i.e. Tellurides (gold and silver) ,Arsenides and one other.

With the gold coming from 2 sources ie quartz-chalcopyrites and Tellurides it can only be an inferred estimate until mining commences and gives a definitive answer.
The breccias being mainly chalcopyrites should have a more accurate estimate.
Any figures for the open at depth can only be an inferred MRE

Hi Strudel
There's a very low gravity target shown on one of the surveys to the NW of Kraken.
Seeing as they're drilling London which is also a low gravity target I would presume that is what they are looking at.
ATB:))

Nothing wrong with algorithms developed in Malvern by 2 mad scientists.
Oh ok they got the exam results wrong :))

Hi Hydro
Always wondered what Breccia stood for thanks for reminding me :)))