Member Info for DrRemington

El Pantano

-Three years spent mapping & Sampling

-Phase one completed, $1m+ spent

-Drilling about to start on a 25km length of 'strike'

-Quartz vein's from an epithermal system showing on surface

-Both Brad and Louie, prefer the project over Anza.... That's a huge statement.

-Newmont have visited the site and are / were providing free techinicla analysis of all information coming form the project.

-The Orosur team have visited Newmont's Cerro Negro project, similarities seen.

-Anglo Ashanti (45km away Cerro Vanguardia) also requested to see all information coming out of the project.

-Two rigs now on site.

-Smack, bang in the centre of Elephant country, as Brad calls it.

-Route to 100% ownership.

-Quick fire assay turnaround, the same as Pepas.

-Flat land, easy to get pad to pad.

-Unico Silver hitting some bonanza silver intercepts from surface on their Cerro Leon project which adjoins to the south.

It sounds very appealing and should hopefully soon bear fruit.

I reckon they'll have started drilling at El Pantano by the end of play tomorrow. It is 3 hours behind there, so 10.30am.

At Pepas, they drill 24 hour hours a day, 7 days a week in shifts.

The same is likely to apply in El Pantano, especially down to the fact that they can't go anywhere, nip to the boozer, call at the shop. It's literally in the middle of nowhere.

I expect a X post tomorrow showing the drill rig in action.

This is a mining EXPLORATION company, I take it you are unaware of that.

They rarely ever generate cash flow, nor do they intend to. Orosur are looking extremely successful currently. They’ve just concluded there largest raise ever, which was double the previous price they raised at. They have proven project(s) everything is going great. A huge factor now is they have funds to last 12-18months.

If you judge the market cap increase in what they’ve achieved in just he last 12 months then it has gone from £4m to £100m. Thats 25x on what, sub £5m spend.

Thats drilling one prospect of a huge project, with a small team with one rig.

No one on this planet can dispute how well they’ve done. I reckon you’d be struggling to find any other exploration anywhere on this planet that has added more to the market cap with metres drilled than Orosur and that includes Collective Mining.

It gets even better, they have more already proven areas attack ready. Apta to start, with is already estimated at 1-2m oz, high grade, infact higher Au equiv grade than Pepas.

Then there’s El Cedro, El Pantano… yada yada.

If there’s any exploration company to aim to be then it’s our regional neighbours Collective. Previously known as continental gold, they find a project as they did with Buritica, they explore and they sell. They succeeded there with our nearby Anza neighbour Buritica, drilling for a few years and selling for $1.4billion. With zero cashflow in that time, solely equity financing.

They’re now on with there next project, Guayabales, again a regional neighbour to Anza which after only a couple of years of drilling they’ve managed to achieve a £900m market cap. Zero cashflow. Again solely equity financing.

They are the kings of exploration and they have achieved that title solely in the Antioquia region of Colombia.

That is successful mining EXPLORATION.

Wow. So Ralph. you are coming here onto this board advising people that a company that is currently fully focussed on mining exploration has no cashflow…

What’s even more ironic is that Orosur, have recently completed the most substantial raise they’ve ever done, which will last 12-18 months.

The last 4x they’ve raised funds they have done so at substantially higher prices than the previous ones. That to me is called successful mining exploration.

Kindly point me in the direction of a company solely focussed on exploration that has positive cash flow?

You obviously have zero experience or knowledge in this here sector.

Https://www.miningmx.com/trending/62957-colombia-to-purchase-gold-from-informal-miners/

Someone slinging a few £10k buys through, surprised laddo hasn't mentioned it... Oh wait.

I wonder how long it'll take for them to unwrap those rigs and break ground, tomorrow?

It took a few days from the delivery of the rig to getting it turning at Pepas, though El Pantano is flat simple terrain and the pads have been pre-done.

If they fire both rigs up, the 3000m will be complete in no time.

In regards to Ralph, just ignore him, he's totally irrelevant here whatever he says you should usually expect the opposite to happen.

You failing to add that someone adding in 50k blocks aswell.... Two dropped in since you wrote that....

I didn't mean that BT, i mean with Brad's usual dry witty way. Maybe they actually ordered two in the first place.

Regardless, they've got two, hopefully they require more than two!

Do you believe they've sent a spare? I know it's remote but i assume that it could well be Brad's sense of humour. All good anyhow.

Pad's are ready, I reckon we could see visuals of cores as early as the back end of next week. This is flat country, very easy to maneuver.

I can sell 450k on the bid.

Oh nice, two rigs on El Pantano, not the one.....

So no sells in 40 minutes Ralph....

And then there's the rest of Anza such as La VirginCeta thought to be a absolute beast of a huge porphyry system. Plus new applications inherited from MMA which has had a small amount of mapping and sampling when the JV existed.

I queried Brad when these 'new' areas would be visited. They are planning for next year, i believe he also confirmed this in the most recent presentation, as they are attempting to push all applications through to allow drilling.

There is no better positioned junior on the planet, or if there is i'm struggling finding it. The fact they have funds for 12-18 months now removes the chance of further dilution. Except of course the odd warrant here or there, which we should find out about tomorrow?

Its looking, i don't know a word suitable enough, here.....

Great post LW. Sums it up perfectly.

Yes BT, as if the potential of El Cedro wasn't enough, now they've identified a separate porphyry and high grade potential has now got confirmation.

If the potential of El Pantano wasn't enough, now they are finding high grade quartz veining around surface. Its worth noting that Unico Silver's Cerro Leon project which adjoins El Pantano to the south has been hitting high grade silver from surface.

'Unico Silver (ASX:USL) has returned its highest silver intercept to date at the Marta Norte prospect within the Cerro Leon Project in Argentina, recording up to 1,839 grams per tonne silver.

The Marta Norte results include 36m @ 474g/t silver-equivalent from 1m, including 13m @ 1,096g/t silver-equivalent from 16m.

Results from the Karina prospect included a 26m @ 321g/t silver-equivalent from 81m, including 3m @ 2,002g/t silver-equivalent from 91m.'

•Soil geochemistry completed at El Cedro, high grade potential confirmed.

•Second Porphyry identified at El Cedro - to be examined in future programs, with a view to drilling early in 2026.

That is new to market, drilling to begin at El Cedro in Q1 2025, which unbelievably begins in just 9 weeks.

Everyone just report his posts, he’s either lying (no drill rig at El Pantano, even though the RNS states it’s arrived)

or

posting about other stocks ie. SML

Or

Posting live information. (Sellers on the bid)

Don’t let him fill the board up with his tripe now we’ve some new information to actually discuss.

Ralph this is the stock market, they’re are people who buy and people who sell.

You sold as the other as you stated at 20p. ‘Glad I sold’

Same as at SML, you glad you sold at 0.90p.. currently 1.65p…

‘· APTA - a high-grade body of gold mineralisation that has to date seen 38,000m of drilling, but is not yet sufficiently understood geologically to allow a MRE to be calculated. The Company plans to undertake additional drilling at APTA in late 2025 with the objective of advancing it toward an MRE as quickly as possible.’

Apta infil drilling should begin fairly soon, believe it or not there has been some intercepts as good as / if not better than Pepas has delivered.. 59m @ 9.61g/t.. 40m @ 14g/t Etc…

With the resource consultants on site next week, I’m sure Apta will also be on the agenda.

I hope you are short here Ralph, I get the feeling you are.

You do realise that Pep66 will likely be one of the best drilled intercepts on the planet in the last month. Just shy of 600GM…. But, from surface. And also a wider core.

It’ll top a lot of boards, huge publicity coming amongst a time when people are looking for bargains after the recent sector drop.

· Assays for three holes from the Pepas MRE infill and metallurgical program include:

o PEP065 - 33.3m @ 2.84g/t Au

o PEP065B - 33.8m @ 2.79g/t Au

o PEP066 (met hole) - 112m @ 5.25g/t Au from surface

· Resource consultants plan to be on site next week to begin the MRE process.

· Soil geochemistry completed at El Cedro, high grade potential confirmed.

· Second Porphyry identified at El Cedro - to be examined in future programs, with a view to drilling early in 2026.

· Airborne magnetic/radiometric survey planned over area.

· Drill rig arrives at the El Pantano Project Argentina to commence first drill program.

O PEP065 - 33.3m @ 2.84g/t Au

o PEP065B - 33.8m @ 2.79g/t Au

o PEP066 (met hole) - 112m @ 5.25g/t Au from surface

&

Rig has arrived at El Pantano.

https://www.lse.co.uk/rns/OMI/operational-update-exploration-footprint-expanding-b4j7hk5ieqdrwer.html