Member Info for FillToSpill

Hopefully not tomorrow... Not had good experiences of Friday news on AIM.

Also from Chat GPT

What we know about Havieron drilling to 1,000 m

Estimated Drilling Rate to ~1,000 m

Shift Depth (12h) Daily (2‑shift) Time to 1,000 m

50 m ~10 days

30 m ~17 days

Realistic Drill Rates at Havieron

Summary

Takeaways

• Drilling to 1,000 m in around two weeks is feasible with efficient rigs and conditions.

• Slower progress (17+ days) typically reflects more cautious coring, harder geology, or deeper depth increments.

Actual drilling rates likely varied by hole—some pushing towards daily 100 m, others tapering as depth increased.

From Chat GPT

Diamond drilling from 250 m to 1,000 m depth in a hard-rock gold exploration context (like Red Setter) typically proceeds more slowly than shallow drilling, due to increased pressure, heat, and wear on equipment. Here’s a realistic breakdown:

Scenarios: Estimated Depth After 17 Days

We'll estimate based on three possible drilling rates, typical for 250–1,000 m depth in hard rock:

Average Rate Depth After 17 Days Comment

10 m/day 170 m drilled Slower progress — hard rock, careful coring

15 m/day 255 m drilled Moderate — realistic for mixed conditions

20 m/day 340 m drilled Fast — optimal rock and efficient crew

If they re-entered a previous RC hole at ~250 m and started diamond coring from there:

• At 15 m/day → They may now be around 505 m total depth

• At 20 m/day → Possibly around 590 m total depth

• If aiming for ~550 m target: They may have already hit or are just reaching it

Summary

• Most likely depth after 17 days: ~255–340 m of diamond coring

• Total hole depth: likely ~505–590 m, depending on start point and conditions

• If the target zone is around 550 m, they’re probably intersecting it now or already have.

Summary

• Most likely depth after 17 days: ~255–340 m of diamond coring

• Total hole depth: likely ~505–590 m, depending on start point and conditions

If the target zone is around 550 m, they’re probably intersecting it now or already have.

I would be expecting some bonanza but my crystal ball needs an upgrade before going into anymore detail.

I'll go 260M @ 2.7g/t gold and 0.25% copper form 610M.

This was Greatland Gold's first RNS on 25th June 2018 when they discovered gold/copper at Haiveron with their first hole. 2 months form start of drilling (They had to drill from surface rather than 250m below)

This (or similar) is what we are looking for here with these two diamond holes.

Greatland Gold plc

("Greatland" or "the Company")

Greatland Announces Exceptional Results from First Drill Hole at Havieron

Selected HAD001 results: 121m at 2.93g/t gold and 0.23% copper from 497m,

including 11.5m at 21.23g/t gold and 0.67% copper from 568.5m,

including bonanza grade intervals 0.5m at 137.69g/t gold and 1.8% copper from 573m,

and 0.5m at 100.15g/t gold and 4.1% copper from 575.5m

Further to the announcements of 14 February 2018 and 18 April 2018, Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is delighted to announce exceptional laboratory assay results from the Company's first drill hole (HAD001) at its 100% owned Havieron licence in the Paterson region of Western Australia.

Highlights:

· Exceptional drill assay results from Greatland's first drill hole (HAD001) at Havieron establish the presence of high grade gold (peak 137.69g/t or 4.4 ounces per tonne) within the mineralised zone and highlight the potential for Havieron to represent a very large mineralised system;

· Laboratory assay results for first drill at Havieron (HAD001) include 121m at 2.93g/t gold (Au) and 0.23% copper (Cu) from 497m to 618m including;

o 2m at 4.82g/t Au and 0.95% Cu from 497m;

o 2m at 5.45g/t Au and 1.14% Cu from 508.5m;

o 1m at 15.60g/t Au from 535m;

o 11.5m at 21.23g/t Au and 0.67% Cu from 568.5m including;

§ 2.5m at 35.20g/t Au and 0.69% Cu from 571.5m including;

· 0.5m at 137.69g/t Au and 1.84% Cu from 573m

§ 3m at 19.96g/t Au and 0.87% Cu from 574.5m including:

· 0.5m at 100.15g/t Au and 4.11% Cu from 575.5m

§ 2m at 40.63g/t Au and 0.66% Cu from 578m including

· 0.5m at 90.52g/t Au and 0.74% Cu from 578.5m, and

· 0.5m at 63.55g/t Au and 0.34% Cu from 579.5m;

o 8m at 3.45g/t Au and 0.13% Cu from 598m.

· Elevated gold and copper results persisted to end of hole suggesting the mineralisation continues at depth, which is supported by the results of forward modelling of detailed geophysical data (see announcement dated 14 February 2018);

· First drilling campaign at Havieron comprised four vertical core holes for a total of approximately 2,400 metres, results for three remaining holes (HAD002, HAD003 and HAD004) are pending and are expected to be available within the coming weeks.

Someone on Telegram had a satellite image posted today, Rig still looks like its over first hole as of today...

WOW RP himself reposted..

Its much more fun watching the SP rise than drip down everyday... Hopefully this is more than a bounce.. :-)

The gold in the shallower zones must have come from somewhere. Not sure the exact Geology but the event that brings the gold from the mantle to near surface needs to be found.. As far as my understanding, the shallow zone was not this but gold migrating through fluids and melted quartz form the source.. Therefore the geophysics now feel they have Identified the 'gold dome' source of gold found at shallow depths which go deep towards the earths mantle.

I believe this is similar to Telfer (although i'am not a geologist therefore terminology and understanding could be far off). They have managed to mine some secondary shallow gold at telfer on the way down to the dome source.

What were the cut off grades last time?

Some mineralisation at Havieron started at 300m but reading through the drilling results the majority started at circa 460m to over 1000m.. Therefore anything beyond 400m could be a hit... We need large intercepts of 100+ at decent grade..

This was the original drilling though not the RC drill over top of gold dome?

How do we know grades were good at bottom of RC drilling holes in 2023?

I cant find this anywhere..

As soon as cores start coming up they will be running XRF machines over them..

I agree, this is not beyond the realms of possibility..

Thing is, as soon as they start drilling they will know if they have hit the 'gold dome'.. The hole is already to 250-300m so another 10-50m they should start pulling up some sweat cores..

We know pads have been cleared and machinery on the way, for all we know drilling might have already been started and into the dome. An RNS stating drilling has started will likely arrive but it doesn't man it started that very second..

I'm back in here.. This time last week I had no intention of buying back in but having caught up on the MT survey information, couldn't resist taking a position. I don't want to miss the opportunity for a big find..

It appears the company was previously drilling the magnetic anomaly to the north which provided decent results but not the big find we were all hoping for at the time.. However, this new MT data has revealed the potential location of this gold source or the 'gold dome' sitting deep and to the south.. Correlating with Telfer..

Worth a position IMO for the potential high reward.. Market Cap £13mill is nothing compared to what it could be on a big find alone..

I only caught second half of interview but remember.

Phase 2 - Exploration to increase resource and provide 10 year mine plan beyond 3 years has already started.. Beilng funded out of companies own cash.. Kili open east , in the centre and also at depth..

Signing of funding Cp's will be anounced before draw down as this is a regulatory requirement..

All very positive from the part i heard.. :-)

Perhaps Plant 2 is the start of expansion plans or a Plan B if financing taking too long to get over the line.. For all we know GCAT may be ploughing ahead with expansion plans with their own cash.. As per latest quarter, there is circa £1m fee cash flow for the quarter, if they can do this every 3 months then they can gradually buy the equipment and expand operations..

The fact they are generating free cash flow is more important than funding..