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brilliant, thanks Ella

Ill take a look

no just Iky picking holes in Ellas plan

4th March RNS - drilling predicted to start next week

"the Company's immediate focus will be exploration activities in Botswana where the Company has 15 licences in the Kalahari Copper Belt in highly prospective areas, two of which were the subject of the Heliborne-EM geophysical surveying announced on 23 November 2020. The results of the Heliborne-EM geophysical surveying are sufficiently robust that the Company expects to announce the commissioning of initial reconnaissance drilling program within the month. The Company has also identified two further areas for Heliborne-EM geophysical surveying"

2 extra days makes all the difference ;-)

Hi Ella

Here is the direct link
https://www.gov.bw/mining/sale-maps

Rude

The previous RNS's say we aim to dril by the end of the month IKy, make of that what you will. Ella and I and others are really just repeating that but with our own thoughts and/or predictions around it.

Ahh I see.

Yeah unfortunately at the moment there's no map of the non Virgo liscences...
.that I can find anyway. You can buy a map of www.gov.bw for 75p. I came across it the other day and considering it for pure interest. But If I remember rightly you can or apply in the first week of an 1 month so have to wait.

I Ella, I could be being thick here. But 043 is on that map....at the bottom?

I'm.sorry I don't have aap of Africibum :-(

Hi Ella
This is a map from Virgo and the PLs we bought from them looks to be a typo of some sort doesn't it in the RNS by leaving it out

https://twitter.com/Sharedata12/status/1354121220426510338?s=19

me too Castiron! i accumilate every month now with spare cash.

thats some good insight that HD for peer comparrison, thanks

I think the same Castiron. the data we have to go on says the company aims to start drilling by end of next week. so theres every possibilltiy we will or if not it is extremely close. either way exciting.
I dont believe Ka****u will turn to much, in terms of effort vs reqard the KCB is much higher. id like ot see where Glenover goes just out of interest really in terms of Rare earths, especially with the world dynamic changing to move away from a prodominantly led chinese supply.

look what happened april last year to our SP. New tax year means new tax free funds for people to invest :-)

No doubt that is the plan, gradually sell off each liscence, individually or in groups with similar terms as our last 9 to SF, keeping the best as long as possible priving their value first. I'd like to think if the liscences are the same value minimum as the ones right next door when they have similar exploration data on them, further exploration and good news means more value. A great starting point id say :-)

good work Ella

I wonder if we will see a report with similar detail for our PL's. looking through various surveys for other companies PL's you can understand why it takes so long to compile the info and then again into a report for the public

good work Ella, this is good for peer comparrison. the 2 liscences are boarders our PL040 and 039
https://www.lse.co.uk/rns/ARCM/proposed-placing-and-acquisition-lzasjvzda590jzm.html

Arc are paying $2m for the acquisition of 75% of Alvis Crest (who in turn own the PLs Virgo used to ......PL135/2017 and PL162/2017 ) from their parent company Kapore. Arc have comitted to spending $200k a year on the PL's, produce a feasibillity study and Kapore get a net smelter royalty of 1% up to $30m. Post due diligence and feasibillity study, Arc then have the option to purchase the remaining 25% of Alvis crest for $5m

"The Company understands that, to date, Alvis has completed reconnaissance geological mapping, ground geochemistry and ground geophysics programs and successfully had its Environmental Management Plan approved for drilling by the Department of Environmental Affairs. The data gathered from these programs has been used to produce a reinterpreted regional geological map over these license areas"

this is pretty much the same stage we will be in end of March with PL039 and 040.

from this i get
1) Our PL's are worth the same amount $7m NOW, so imagine after drilling starts
2) We will be spending approx 200k a year on each PL (well within our current budget)
3) There is still a race to aquire ground of this type meaning out land is in demand still so our business plan sound as others have the same idea
4) That is just 2 of our remaining 15 PLS, so more yet to come

great news!

4th March RNS - drilling predicted to start next week

"the Company's immediate focus will be exploration activities in Botswana where the Company has 15 licences in the Kalahari Copper Belt in highly prospective areas, two of which were the subject of the Heliborne-EM geophysical surveying announced on 23 November 2020. The results of the Heliborne-EM geophysical surveying are sufficiently robust that the Company expects to announce the commissioning of initial reconnaissance drilling program within the month. The Company has also identified two further areas for Heliborne-EM geophysical surveying"

2 more areas highlighted for AEM (after 039 and 040). When we first purchased the PLs off Virgo PL253 was also highlighted as an area of high interest. It contains both oxidised Ngwako Pan sandstone Formation and reduced D’Kar siltstone Formation where copper is found at the boundary ......see data below

https://twitter.com/Sharedata12/status/1374468494754865156?s=19

PL253 going by the density and proximity of the 2 formations and intensity of colour looks even more like Zone 5 than PL040

PL040 just a stones throw away from Zone 5. Flat ground and existing roads. Zone 5 has already expanded to nearly 7 miles wide as it is. It will be no problem form them to expand over to PL040 if we stike Goldopper. SF have first refusal by contract, but it would be far easier for CCC to take advantage of that asset. If only we had a bidding war for it
https://twitter.com/Sharedata12/status/1374103329681313793?s=19

I can't wait for the final AEM results to see what we actually have

"Copper-silver mineralisation typically occurs at the stratigraphic and/or structural boundary between the contact of the oxidised Ngwako Pan sandstone Formation and reduced D’Kar siltstone Formation"

http://www.khoemacau.com/our-portfolio/exploration

These rock formations and boundaries occur in more than one place in our PL040 as does a major unconformity so no wonder 040 is a place of high interest as it seems to have it all. Several other of our PLs have the boundary also

Here is a pic iv super imposed Virgo resources illustration of our PL locations (for those who don't know, Virgo are who we bought the initial 21 PL's off) over the top of CCC's own map of the North East KCB by Zone 5. So far we don't have any official map from GLR of our PL's so this is the best we have to go from. I feel also it isn't exactly accurate but it's close enoughto pickput landmarks. On the CCC map every square is 20km and the location of Zone 5 as depicted adds up with the Sept 17 2020 RNS below.

https://twitter.com/Sharedata12/status/1373785617960669191?s=19

"The geological setting beneath the Kalahari overburden for the area covered by PL40/2018 and PL39/2018 has been interpreted from the regional aeromagnetic and EM data to have strong similarities with the synclinal geological setting that hosts Cupric Canyon Capital's ("Cupric") Zone 5 and Zone 5N deposits, situated only 25 kilometres due west. The Zone 5 and Zone 5N deposits are part of the world-class Khoemacau Copper-Silver Project with a combined sulphide resource of 502Mt @ 1.4% Cu and 17g/t Ag, including 185Mt @ 2.0% Cu and 27g/t Ag"
Sept 17th 2020 RNS

Pl005/2005 (see link below)

http://www.khoemacau.com/our-portfolio/exploration

Pl 003/2006 (see link above)
Form part of zone 9

"Zone 9 was drilled over 1.5km strike to 170m below surface. The target was identified as a fold closure adjacent to a basin high. A total of six holes defined the high-grade copper sulphides along the basin shelf. The overall architecture showed intact facies distribution with the basin deepening toward the north-east. Abundant north, north-east trending structures and parasitic folds are seen on the aeromagnetics. Further drilling and follow up is warranted at this prospect to define continuity along strike and depth."

This just shows how close to a world class resource we are......just 20-25km from zone 5. Our pl 040 boarders both their pl/005 and 003, our pl 039 boarders thier 003 at the South end. Their 003 partially covers an area known to them as zone 9 which has already been test drilled and found copper in their zone 9 (see above quote)

Excellent post CHRI5P, very refreshing after what has come to be a depressing BB of people upset with their own investment but for some reason staying invested.

Good post MrN

I believe we are different to other shares at the moment still. Obviously investing is risk vs reward and to protect your capital at all costs. In minors then income is often non existent and so a cash raise can come anytime. As we have seen in XTR and Kavango to name just 2 similar to us who have recently had to raise cash......an investors biggest worry for quick dilution of your capital. We on the other hand know we cost around £600k a year to operate, and have a sizeable chunk of money several times that to last us until our cash flow starts coming in from SZ. A self funded minor is a rare thing. So in terms of risk imo we are batter that many other minors to private investors.