Member Info for DrRemington

Nice debate. Apparently a big day for gold tomorrow. Yes, let’s hope we all make a good profit. Colombia is home to some excellent prospects and producers, that is a fact. Though it will never be Australia. Also fact is OMI will be bought out of Anza eventually, let’s hope Brad can get the market cap as high as possible before the offer comes. A year of two of drilling should be exciting for share holders. We all want the same thing, the share price to get as high as possible, the world needs to straighten itself out to get back to the 2020/2021 highs. It’ll come, as Sector says!

The names actually Remington, Robert. The volume has again dried up, I thought we’d have had a update on one of the other two JVs by now, maybe by the end of the week. It’ll need a fair few positive string of events to get to 25.5p plus. If he drops more assays in the next couple of week it shows that it was down to Brad the fact he was waiting every 3 months. Orosur Geologist should be at Anza in the next week or so, therefore we should expect a substantial update not too far away.

Rob, I’m hoping by July 2023 that La Cejita and Jesusitas have rigs on them. In regards to the warrants it would be very very nice but I won’t hold my breath.

I’m solely here for Anza, the other projects can fill time voids. Argentina could be a diamond in the rough, close to Anglo Golds Cerro Vanguardia gold mine but that’s all it has going for it at the minute.

I think a Brazil / Argentina update may come tomorrow or Tuesday, I’m certain we’ll see some sort of update this week. Maybe next assays next week, with permit news.

Here are the most substantial results from the most recent drill campaign since the start of the JV with Newmont and Agnico Eagle.
Apta (Drilled first due to accessibility and historic drilling)
MAP-072 70.50m @3.53g/t Au, 9.33 Ag and 1.62% Zn
MAP-073 21.60m @ 6.02g/t Au, 6.02g/t Ag and 3.23% Zn
Map-075 37.5m @ 0.72g/t, 1.8g/t Ag, 3.58% Zn
MAP-076 12.25m @ 5.39g/t Au, 1.65 g/t Ag and 0.18 % Zn
MAP-079 23.75m @ 17.40g/t Au, 1.84g/t Ag and 0.19% Zn
MAP-079 0.4m @ 948g/t Au, 57.7g/t Ag, and 0.7% Zn *1kg Gold
MAP-082 29.45m @ 2.50g/t Au, 1.95g/t Ag and 1.08% Zn
MAP-086 18.72m @ 2.85g/t Au, 2.95g/t Ag and 1.59% Zn
MAP-089: 59.55m @ 9.61g/t Au, 6.23g/t Ag and 3.75% Zn
MAP-090: 6.05m @ 9.91g/t Au, 1.56g/t Ag, 0.58% Zn
MAP-091: 61.75m @ 2.05g/t Au, 3.3g/t Ag and 0.82% Zn
MAP- 093: 14.85m @ 1.60g/t Au, 1.08g/t Ag and 0.79% Zn
MAP - 096: 51.55m @ 1.32g/t Au, 1.34g/t Ag and 0.35% Zn

Pepas (All Pepas Strike starts at Surface)
PEP-001: 150.9m @ 3g/t Au, 3.16g/t Ag and 0.15% Zn
PEP-002: 37.25m @ 0.54g/t Au, 0.55g/t Ag and 0.06% Zn
Pep-003: 32.55m @ 0.61g/t Au, 1.2g/t Ag and 0.01% Zn
Pep-005: 36.85m @ 2.13g/t Au, 3.74g/t Ag and 0.07% Zn
Pep-007: 80.55m @ 3.05g/t Au, 2.91g/t Ag and 0.15% Zn

Several Holes due back from Pepas and also one from Pupino prospect. Once Phase 2 is confirmed, negotiations currently underway, the majors will commit a minimum of $20m (they can spend more) over 5 years, though Brad has stated numerous times on recent interviews they intend to complete Phase 2 within 2 years. The previous couple of years of activity at Anza has been hampered by Covid. Now the real drill campaign is about to start, perfect time to invest here in my opinion.

Bluetiger, I wouldn’t be too concerned about debt / partners. We have two of the worlds top three gold miners JVed with us. Between them they spend hundreds of millions solely on exploration each year, they have very deep pockets. They have a combined market cap of $60b plus. And above all they are paying for every inch of exploration of Anza. To have 130 staff on site speaks volumes. Agnico specifically have said they value Anza as one of there most important prospects. Having held here a few years now I feel this is now the beginning. The rest has been littered with delays, covid etc. the surface has been scratched, now it’s about to be ripped up. Good luck to all.

Let’s see what the other holes of Pepas show, a few already at the lab and other holes currently underway, maybe they are testing your theory or they see it differently Metal. With 130 staff on site I’d imagine they’ll be testing many theories. The main take for me is not the results, it’s the fact the Colombia update has come much sooner than anticipated. 6 weeks. That’s how it should be in my opinion, once more rigs are on site and multiple prospects being drilled then hopefully we’ll see them much more frequently. The RNS today is rather vague, I believe this is also intentional so snippets can be used in lesser RNS’s. No mention of Phase 2 negotiations, licenses yet to be approved, sampling, actual number of rigs on site. Bits and bobs like these will come soon in dribs and drabs.

Excellent RNS, Pepas looking a great prospect. More holes at the lab awaiting assays. Is the newsflow tide finally turning, 6 weeks since the last Colombo update. Let’s hope he sticks to that. Sounds like all rigs are now on Pepas. I now believe he’s got the December warrants in mind.

Good luck to all holders, two of the 3 interested parties being huge multi billion £ market cap company’s. Dream world.

SeingRed, you are incorrect on numerous fronts. Buritica was under 3.6m/oz when purchased for $1.4b. Gold was also around $1450.

2% of 7000 is actually 140, not 14. I have no interest here, just read the RNS and had a flick on the board. Was invested here at one point but soon saw the company director and company for what they are. Though, this mornings RNS looks to be a blessing to everyone who holds here. Hope it all comes good for all whose held long.

I infer why that has happened? Weird.

They’ve been back for confirmation, that’s why they took so long to be released in the first place. Pep1 is done and dusted.

‘Interestingly, although the hole was started in April 2022, drill results from PEP001 were considered to be so significant that the JV partners chose to re-assay a large number of samples to resolve over limit issues and to confirm QAQC standards were met. The hole was originally trying to intersect the depth extension of a high-grade surface sample of 8m @ 20g/t Au; hitting such an extended intersection from surface was therefore far from expected.’

‘Current drilling is now being focussed on the mineralisation intersected in PEP001, with some modifications being required to drill pad locations to provide better drilling angles. The original hole was drilled to test highly anomalous rock chip samples that had been identified from previous mapping programs, and publicly announced on March 8th, 2022. It intersected a quartz vein stockwork and breccia zone from surface, demonstrating pervasive stockwork veining related to extensive gold mineralisation. PEP001 was drilled oblique to the zone of vein-development but with just a single hole, the geometry and dimensions of the zone have yet to be fully resolved. Having established that it is sitting on atop mineralisation in such a complex terraine, new drill pads will be required. This is likely to be slow and laborious given that they must first be permitted, followed by their manual construction with the rigs themselves needing to be broken down and moved by hand.’

You’ll be here a very long while if your sat waiting for Pep1 being reassessed.

Fish we had results from Pep1 almost a month ago…

Assay results from PEP001 have returned a substantial, high-grade gold intersection of 150.90m @ 3.00g/t Au (from surface).

‘10p nearly there now’ Where you looking, it’s been over a month since we’ve seen the 10s,it seems a strong support level 11p.

It’s the annual report Fish….. looks like Brad could be in Brazil judging by Twitter, the tin JV looks interesting to say the least. Anza news shouldn’t be too far away. These are the times to accumulate on the cheap.

How many times you heard that one Fish, thought you’d only ever held OMI shares and only been invested for a couple weeks? I’d never expect any rise from a the annual report, who ever does….

You could call it gambling, but it is a educated gamble. In terms of odds I’d put us up with the favourites on AIM. We have 2 of the top 3 worlds gold miners JVed with us, paying for all exploration on Anza. $20m required to be spent over the next 5 years, phase2, though phase 2 expected to be smashed over the next 2 years. We have healthy cash balance, $3m, no debt and $2m due by January 2023. Above all we have currently 100% ownership of Anza, which is shaping up to be a substantial gold asset. Once all is signed and sealed for phase 2 (inevitable) then you could more or less guarantee we’re sitting on 5m oz plus. They’ll be many waiting in the wings who sold on the most recent spike. I’ll 100% be adding substantially if it gets much cheaper.

I’m not sure they’ve logged it twice? It isn’t on any other platform twice, seen this many a time on LSE maybe just an error on here?