Member Info for BlackHopper

Only just seen this

Happy days

If that was a 12.5kg ingot ( LBMA Good Delivery ingot mass ) and there are 31g per troy ounce of gold... then that would be 403oz ($818,548) worth.

If 'shoots' average 31g/ton ( high I know but...) then 403 tons of shoot would hold that 'bad boy'...

Just a thought..

$2030....fat fingers

1m at 40g/t is the same as 10m at 4g/t

1m at 20g/t equals 5m at 4g/t

The world over there are multiple companies shift shedloads of dirt to process 1, 2, 3g/ton resources

Finding shallow double digit veins, shoots or whatever you want to call 'em is fine.

What you then need is the cash to dig 'em out and process them. ECR not well placed for that.... but others will be. every new discovery adds to the appeal. POG £2030....

You can keep up with the cold water but in the end they WILL get a bite. Simples.

What has not changed?

Great locations. High prospective. High Gold price.

Haddock…look at other factors..

What has changed? Management. Attitude. MCap.

Well he is certainly the man for it….

Tamer, it may be no surprise to learn that I have loaded up on ECR….

I just missed out on the BIG rise in his last ‘vehicle’

Not this time fella….not this time…

Oh the neighbourhood is very very important!

Approaching 3oz per ton…

So 1kg sample gold x1000 for g/ton. :-)

How many tons per shoot?

How onerous licence process?

How far/cost benefication/processing?

Revenue?

These are discreet, high gold content, low tonnage shoots

Need to be extracted and processed elsewhere

Cost of extraction and process vs gold value

I would not be so sure they are not viable

Already multiple shoots…

Debbie…..I think you may be surprised…

This will bag on news….erudite I know ;-)

I reckon bag with those nuggets in could easily be 10-20 g/ton…

Posting from phone…… LSE just ate a nice long post….bustards

So what is the mass of a whole bag sample and how much do a few nuggets weigh?

Thanks for reporting back from the meeting Ashton !

Only just seen this as working... basically this was to get an RNS out and to confirm that they did find gold at Davey Road.

This to stop all the 'Where are they?' 'Why the silence?' etc etc

At Creswick, as all 'old-timers' will know they have to do 'bulk' or 'Whole of bag' tests to get accurate figures for gold.

In the video posted on X we saw AJ sieving out the drill sections by hand to isolate the rough stuff. This in the section he liked the look of I suspect. I guess the labs take a bit longer with the bulk samples.... but expect too that some medium to high-grade narrow veins will be confirmed as before.

The key questions are is it enough gold over multiple shoots to be viable to extract and will the results thus far (shallow drills) tempt another to JV and 'swiss-cheese' it.. going deeper too?