Member Info for BigEvi

RNS confirms 4.2m Oz gold equivalent :)
“Initial Inferred Mineral Resource Estimate of 3.4Moz Au and 160Kt Cu for 4.2Moz gold equivalent1,2”

Scaly is still 100% GGP owned - bring on the results :)

I am encouraged :)

From Artemis RNS released on ASX tonight :-
“Elsewhere in our portfolio we expect to provide a detailed update from our Paterson Central Project in early December.”

Issue of shares and total voting rights

Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development business, announces that during October 2020, the Company issued 13,763,512 new Ordinary Shares of 0.1p each from its block listing authority of 10 February 2020 (the "Share Issue") for a total consideration of £344,087.80.

Following the Share Issue, the Company has the ability to issue a further 37,777,029 shares under its block listing facility.

I think we are getting ahead of ourselves - they haven’t found anything yet - let’s wait and see :)

Quarterly Exploration Report
For the three months ended 30 September 2020
Highlights
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Drilling results have returned the best intercept to date at the Havieron Project from infill drilling of the South
East Crescent Zone with 120.7m @ 9.3g/t Au & 0.18% Cu from 1349.3m, including 26.6m @ 34g/t Au &
0.23% Cu from 1384.4m (HAD065W2).
A potential new target termed the “Eastern Breccia” has been identified at the Havieron Project.
Further infill drilling was completed in the period to support the estimation of an initial Inferred Mineral
Resource for Havieron in the December 2020 quarter from the South East Crescent and adjacent breccia
mineralisation.
Exploration activities commenced at the Wilki Project in the Paterson Province.
Resource definition infill drilling at Red Chris has confirmed the presence of discrete high grade mineralisation
in the East Zone.
Newcrest Managing Director and Chief Executive Officer, Sandeep Biswas said “Havieron continues to expand its
mineralisation with its best high grade intercept to date of 120.7m @ 9.3g/t gold. Drilling results at Havieron have
also identified a potential new target termed the Eastern Breccia, highlighting the potential for a new region of breccia
development. We expect to deliver our initial Inferred Mineral Resource for Havieron in the December quarter. At

More good news is that the options issued at the most recent raise have an excise price of 3p and an accelerator clause at 4.5p

SAMS CREEK DIAMOND DRILLING TO COMMENCE
• Sandfire to fund drilling of up to seven diamond drill holes for 900 metres planned
• Diamond drilling to test alternative geological models at Main Zone and evaluate continuity of mineralisation at SE Traverse prospect
• Sams Creek hosts a current JORC (2012) Mineral Resource Estimate (MRE) of 1Moz gold @ 1.54g/t Au (0.7 g/t gold cut off) including a higher grade zone of 588koz gold at 2.43g/t Au (1.5 g/t cut off) – refer table 1
• Drilling program aims to update current JORC MRE which will form basis of conceptual underground mining study
• With only 15% of the 7 km dyke extent drilled, an aggressive exploration program is planned at Sams Creek pending project acquisition and land access
• Excellent exploration potential with current resource open along strike and at depth – multiple drill-ready targets identified
• Historical drilling highlights include 19.6m @ 6.0 g/t Au and 9.1m @ 8.5 g/t Au (Refer ASX release 30 September 2020)
• Located north of the 2.5Moz Reefton Gold Field at the northern end of South Island
Gold and Base Metals explorer Auris Minerals Limited (“Auris” or “the Company”) (ASX: AUR) is pleased to announce diamond drilling by Sandfire Resources Limited (“Sandfire”; ASX: SFR) is set to commence at the Sams Creek Project early November 2020.
The Sams Creek Project, one of New Zealand’s largest undeveloped gold projects, is located approximately 30 kilometres south of Takaka and 35 kilometres northwest of Motueka, at the northern end of the South Island of New Zealand (Figure 1).
Management Commentary:
Commenting on the commencement of drilling Auris Minerals Chief Operating Officer, Mike Hendriks, said: “Sandfire has wasted no time in getting this initial diamond drilling program underway and we are delighted that our exploration strategy has now been set in motion.
“This is an important drilling program that will aim to update the current 1Moz JORC Mineral Resource estimate, test the high grade intersections of the main ore body and improve our geological understanding of the deposit. Initial results from this program are expected to be received in early December, so we look forward to updating shareholders in due course.
“Our pipeline of activity across both our Byrah Basin projects and now Sams Creek continues to build, and we look forward to reporting progress on several important exploration programs as they advance.”

Looks to me like MM is clearing the decks with all the bad news ready to start with a level playing field. My hunch is that from the next production figures we will see an improving trend as far as I am concerned this will come good ( don’t care what others think) as I pay my money and make my choice.

Unfortunately the capital raise stopped this share in its tracks - now we have reached .55 and there no profit in selling perhaps we will get a break and start to recover to where we should be

MAJ - GReatland has a joint venture agreed with a tier 1 mining company ( Newcrest) and a processing plant (Telfer) already built 45km away. GReatland has a toll processing agreement with Newcrest so no Capex involved.
Need I go on - I think not

Just having a look at the TRR investment - we are up around £280k on the initial 20p entry point

Eric Sprott commenting on when to sell :)

Eric: Yeah. Well, let me assure the listeners it's not market cap, okay. I mean, I can't tell you the number of times I've bought something very, very well. For example, when I bought Goldcorp at, probably $5 a share back in 2000, something like that. And I probably sold it when its market cap got to be $700 million, and it went through, I think, $15 billion. So don't use the fact that something's gone up a lot as a reason to sell it. It's got to do with relative value. Where else can I put the money, based on what I know today about company X, and whether it's ounces in the ground, whether it's gonna be future production, future cash flows, future dividends, something, and compare it to other opportunities.

https://www.sprottmoney.com/blog/Wh...nt-Gold-and-Silver-Weekly-Wrap-Up-Sep-18-2020

Problem is if you do slice where do you put it?
The next Greatland- why bother when you have the original -
A share underwritten by a Tier 1 gold mine/ very explosive news on the horizon/ solid management/ superb jurisdiction/ gold & copper going through the roof and strongly predicted to continue/ regular reports/ major mining company proving up the deposit/ processing facility on your doorstep- Hold on IM NOT SELLING A BEAN

December quarter runs from Oct to Dec
We could have MRE as early as 1st October - who knows but it’s going to be good :)

Straight from the horses mouth ( part of Newcrest job advert)
“ Our exciting Havieron Project

The Havieron Project has enjoyed tremendous exploration success over the past year and is rapidly approaching delivery of a maiden resource, with high future mining potential. The Havieron Project is the primary target of the Newcrest-operated farm-in and potential joint venture with Greatland Gold and forms a key focus of Newcrest’s growth strategy”

Copper breaking through $3 :)

RNS Number : 2071X
W Resources PLC
26 August 2020









26 August 2020

W Resources Plc
("W" or the "Company")

Atlas Facility and La Parrilla Update

W Resources Plc (AIM:WRES), the tungsten, tin and gold mining and exploration company with assets in Spain and Portugal, is pleased to provide an update on the Atlas Capital Markets LLC ("Atlas") facility, and the La Parrilla project.
· Atlas has converted a small part of its loan to equity under the terms of the agreement.
· The La Parrilla management team has implemented a revised and more comprehensive plan to boost production and move to an operating cash flow positive position, which subject to continued improvement in operations and some modest strengthening of metal prices is expected in the first half of 2021.
· Recoveries of tungsten and tin have continued to improve at La Parrilla following a realignment of the mine plan around the high recovery ore in the main fast track mining area and in the pit in general. Under the new management, plant availability and performance has increased.
· The external environment with COVID-19 and global metal prices remains challenging and cost control and working capital management remains a priority.

Atlas Capital Markets Facility
Atlas has issued a Conversion Notice for £100,000 of Convertible Bonds, a small portion of the first £500k tranche drawn from this £4m facility. W will issue 75,187,969 ordinary shares of 0.1p per share ("Ordinary Shares") at a conversion price of 0.1330p per Ordinary Share.
Application has been made for the admission of the Ordinary Shares. Following admission of the new Ordinary Shares, which is expected on or around 1 September 2020, the Company's enlarged issued share capital will comprise 6,775,230,746 Ordinary Shares with voting rights. The Company has no shares held in Treasury. This figure of 6,775,230,746 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

La Parrilla Tungsten and Tin Project, Spain
Over the last three months an extensive programme of metallurgical and geological work has been underway to refine a plan to substantially increase the production of tungsten and tin from the La Parrilla mine. An updated plan has been agreed and commenced, with the objective of increasing production and moving to a cash flow positive position in the first half of 2021 subject to metal prices.
A key focus, as reported in the Q2 2020 report, has been to increase tungsten recoveries which have lagged behind the solid performance with tin recoveries and production. In addition to implementing an improved maintenance programme to fundamentally increase plant operation and availability, the key focus has been one of

In Australia, Newrest’s Cadia gold and copper mine has the GEOSCAN-M operating and is receiving results every 30 seconds on a 4,000 t/h flow. They were looking to utilise the analyser data in a number of ways, not just bulk ore sorting. Newcrest has since bought another GEOSCAN-M for evaluation for bulk ore sorting at a gold focussed site. GEOSCAN-M can measure gold directly in conveyed flows over longer time increments but for bulk ore sorting uses proxies for gold where available.
https://im-mining.com/2020/08/24/scantechs-geoscan-m-heart-bulk-ore-sorting-mining/