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Here is what Ella was talking about with Ka****u

Enviro liscence ran out end of October, to be replaces with
Large scale exploration liscence app from Siege
Small scale exploration liscence app from Siege
Small scale exploration liscence app from Galileo Mining

https://twitter.com/Sharedata12/status/1462055409263460353?s=19

Hopefully we will get an update with what the new deal arrangement is with the above

Hi Xeiger

Same here, I bought some before the drop at the end. Ah well it should pop up a little next week I think. Last Friday there was a £46k buy, this Friday £86k sell. Unusual end of week action.

One of CBs quotes is "one good drill hole, and this is a totally different company". The Dome in pl039 or 253 by the already successful Kitlanye west (owned by kalahari metals) and the "sold lisvence" 250 (now owned by Sandfire) could be the tenements to get those holes

https://twitter.com/Sharedata12/status/1419754560030187520?t=RNzSEXnYEDpHzasVM3x5hQ&s=19

I personally think the Starzinc royalty will be a our true turning point. 5th December is when the application process is up.

https://twitter.com/Sharedata12/status/1462051056838455296?t=g8gmRj9rKyDfn8mZMV8DiQ&s=19

Zinc at an all time high meaning we would get around £180k to £450k a month (starts lower as production to begin with is smaller), to a total tune of £12.5m

This is more than the current market cap and allows us to be self funded. So there's a bag in the liscence and start of operations in anger at SZ, plus how do you put a price on a penny stock that is guaranteed the safety of self funded for 3years and no placings. This will be a huge green light for would be investors. Positive demand means positive movement in MCap and Sp.

I wouldn't bothered. Block and ignore

Iv just emptied the back of the sofa and bought some 184k

I'm new here but could be late to the party with this

https://mgb.gov.ph/2015-05-13-01-44-56/2015-05-13-01-46-18/2015-06-03-03-42-49

This approved mining permits list for phillipines is updated once a year on 31st December

"Mining tenements catalogue".......(as of 31st Dec 2020)

Page 2, line 22 shows 056-96-Car 1996 -Nov 21 exp

If we don't get an RNS update before 31st December we will find out the status of the renewal from this in the 2022 update on the website

Does anyone know of anywhere else to track liscence renewal update. Zambia has its own mining cadastre, which shows application submission dates, and status of approval

https://portals.landfolio.com/zambia/

If anyone is interested in tenements there

Haha VB, funny about your post. I didn't read the board before making mine and we basically said the same thing about IR

There's nothing stopping you having a go at contacting them Billy. The more the merrier really

Someone just posted this on the BZT board, petty interesting insight into companies, 20seconds to type in email and make a password

https://simplywall.st/stocks/gb/materials/aim-glr/galileo-resources-shares

Sylvia Vrska, "manager of corporate/investor relations" £36k

I would be really interested to see what exactly she has done this year to earn £36k......I have seen ZERO evidence of investor relations from her and she's also answered Zero of my emails.

Evening all, I dipped my toe in this morning for the first time. I'm heavy in GLR but like to keep an eye on our whole CB family........finally went for it as these low prices BZT is a bargain, especially once that daft 20% spread was reduced to 6%

Looking forward to Mankayan liscence renewal and news of operations in Cyprus. There's all the right ingredients here, just need them to line up and it's a matter of "when" not "if' imo

I know what you're saying Oiltap........I'd put a presentation for them together for free if they gave me the info ha

Kavango and Kalahari Metals are great at it.

Picked up a few this morning once the spread got to 5% ish rather than a silly 10%

Slide 5 for KLM tenures

https://kalaharimetals.com/investor-info/

*001 is by kitlanye east

"Virgo will also benefit from board experience in the area with managing director Quinton Hills being responsible for the discovery of the 100 million tonnes copper mineral resource at the Boseto Project in Botswana"

Quinton now works for us

There has also been significant exploration success with

"Kalahari Metals having intersected 24 metres of copper sulphide immediately adjacent and along strike of Virgo’s most prospective tenure, PL40/2018."

Copper found right next door to 040 which we now own

Metal Tiger saw fit to buy a 62% stake in kalahari metals, cobra also bought a 20% stake. The copper containing chalcocyte was found on kalahari metals Okavango project by our 040 and CCC. They have since turned their sights to Kitlanye west and east. Closer to Sandfire.

It seems everyone is lining up for buy out options by SFR imo

We have done the same thing, and started looking closer to pl 253 which shares a boarder with Kalahari Metals kitlanya west, we also have pls bordering kitlanye west, from the map pl 001 looks to be the best placed

https://twitter.com/ShareRisers/status/1459191822241177617?t=-5ygrNVSnJEg3WNCj5hlsw&s=19

https://www.google.co.uk/amp/s/finfeed.com/small-caps/mining/experienced-virgo-resources-team-sets-sight-near-term-copper-drilling/amp/

Apologies it was 366 that they hit copper in (Sandfire owned).....just to make the details correct

That being said, SZ news of royalty payment, ka****u siege relationship and Glenover are all in the pipe line for an update this year. So KCB isn't the only thing to look forward to

It's hard to predict, Billy

Some people say approx 50-60m of drilling a day, rule of thumb. That's not including moving the rig over a PL that is probably 1000sqkm

253 I think will come first as they are already drilling.

https://twitter.com/Sharedata12/status/1422867662519078913?t=-0_7DVcvmAdlR1-4ADAVug&s=19

The yellow part is highlighted (just like 040) by Virgo who we bought the PLs off as a place of extreme interest.

They've already done 1200m, so could be minimum of 20 days. Buuuut as ever you never know when they are going to release that info as it took ages last time. I personally believe if we are lucky enough to hit copper like on the sold liscence 250 they will release that before Xmas. If they don't get that needle in a haystack.....which isn't a bad thing, we will get results later........that being said, 253 boarders 250 and also kalahari metals kitlanya E and they have been doing well with soil samples and XRF, and drilling showing the right rock formations

Fingers crossed though we get a nice update in the end of year results.

Same goes for 039, drilling just started. Copper in the dome, then I hope we hear about it this year

Good work 3CB!

I'm not sure what the kow buys are for Billy, they don't make sense as the cost of trade to a private buyer would be more than the trade amount, or if using a free broker, not much point in dojng it. Some people say they are Market Maker signals to try make sense of it. May be true, may not be

I agree with you all. I wrote an email not long ago to GLR (CB, Joel, Ed and Sylvia) making some suggestions from an investor point tod view that there is a huge opportunity to teach the market why results are good or bad (as you say Oiltap).maybe Sylvia from investor relations......excuse my abruptness.... be seen to do something and can put together a presentation like Kavango do and really bring us along with the journey.

Like you say Iky and Chris. CBs holding ing GLR is worth approx £680k at 6.9% of the company. His holding in XTR is by far less in % terms but is worth around £770k.

However

In terms of potential increase GLR has by far the more potential for him. To be able to treble his holding at XTR would require a h*ll of alot of work, to do the same at GLR, he could do that on sentiment alone, as we have seen when we went up to around 2.6p around December last yr.

The guy has to retire soon, so you can see how this is being played, get XTR up there, and then turn the spotlight on GLR where is potential millions really are........thats what I'd do

Rns's below, in the Metal Tiger rns Web page

October and July 21

From October Kalahari Metals

https://www.metaltigerplc.com/kml-kit-e-update

Michael McNeilly re iterating the purpose of the drilling was to find the Dkar fm copper likely Formation and or mineral traps which they did

Not one mention of the chalcopyrite that is the copper (that we were lucky enough to hit on pl 366)

But the drill mission was a success. So to me this confirms we are the same, it's all just part of the process and more drilling to be done and the wait continues :-)

Five of the 11 holes drilled have intersected significant hydrothermal pyrite-pyrrhotite sulphide mineralisation along with trace base metal sulphides, alteration and quartz-carbonate veining indicating the existence of an active mineralised hydrothermal system.Drill results show folded conductors modelled from airborne electromagnetic (“AEM”) results is an effective targeting tool for testing potential mineralisation trap-sites in the prospective lower portions of the D’Kar Formation stratigraphy.Further work will focus on testing for copper-silver (“Cu-Ag”) mineralisation in trap-site targets which share similarities to discoveries on neighbouring Sandfire Resources’ licences.Based on the encouraging results, a follow-up 2,400m diamond drilling programme is planned.
Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:
“The 2021 drilling programme was designed to test compelling structural targets identified by the AEM geophysics, following up from previous soil sampling and stratigraphic drilling. Encouragingly, five of the eleven holes drilled have returned significant sulphide intersections within the target rock formations and alteration signatures indicative of a potential mineralising system.
The results provide important vectors towards potential trap-sites for base metal enrichment, and KML will soon commence additional drilling based on the approved increased budget.
We look forward to sharing further updates in due course.”

Iv been doing abit of reading on other companies on the KCB with assets at similar stages as ours, to really see if the lack of copper in the first couple of drills really is that big of a deal as the market seems to think. Example Kalahari Metals/cobra/ metal tiger

Long winded but from July RNS this year.clearly states that it was successful to have found the formation that copper may occur at and not the copper itself, and the primary objective of the drilling was to do just that.

"The drilling programme at the Kitlanya East (“KIT-E”) Project is ongoing, with a total of 1,742m completed to date, consisting 839m of reverse circulation (“RC”) and 903m of diamond core drilling (drilling commencement announced 11 May 2021).
Interpretation of important new geophysical data for Kit-W, along with existing soil sampling and ongoing diamond drilling results, has further prioritised target areas with a high potential for hosting Cu-Ag mineralisation. The work to date shows evidence for a variety of potential deposition styles and mineralisation trap sites. The scale and distribution of anomalies within the KIT-W licence area, combined with evidence of prospective sub-basins, enhances the potential for the project to deliver new copper-silver discoveries.
A link to Cobre’s announcement released today is set out below:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02395082-2A1309730?access_token=83ff96335c2d45a094df02a206a39ff4
Kit-W Exploration Highlights
Airborne gravity geophysics survey has mapped out an east-northeast (“ENE”) trending gravity low, likely related to the development of a deeper sub-basin in the lower Kalahari Copper Belt (“KCB”) basin, the margins of which are considered prospective sites for Cu-Ag mineralisation.High-resolution magnetic geophysics data clearly maps out fold targets in the D’Kar Formation (“DKF”) correlating with, and adding further support for, existing AEM targets.Interpretation of magnetic data further suggests that much of the previously interpreted Ngwako Pan Formation (“NPF”) is covered with thin DKF – this would open the possibility for shallow, relatively flat lying mineralisation along the redox1 contact between these formations.Updated interpretation is further supported by regional soil sampling traverses with both Cu and Zn anomalies correlating with the position of the interpreted redox contact between the DKF and NPF.Initial results from the Kit-W diamond drilling confirm the existence of DKF in the fold structures mapped in the AEM modelling.
Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:
“We are very pleased to provide details of important advances being made in defining potential copper-silver deposition sites in the Kitlanya West Project on the Kalahari Copper Belt"