Member Info for GHOST61

My question was do they actually have boots on the ground?

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Self-insurance to monitor/protect their assets

So which bit of news does everyone think will come out next?... Pepas MRE or El Pantano assays?...or something else?

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Pepas MRE as I understand El Pantano drills not completed yet;

.... or something else???? BG on X

T's clear that they are no longer going to issue those assay results in batches and are probably waiting for results for all assays.

The logical reason is that results are mixed some good some not so good.

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Maybe bcoz of some different views on the last RNS n SP resultant downtrend.

I understand MILA will do some presentation/interview after these assays are released

to give a better understanding of the results and the next course of actions.

ALTN N SRB not in GDXJ; PAF just in.

So is it dependant on MCP?

I would rather have the Dupax drill results & Q4 report separately, hopefully giving MTL a double boost.

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Looks like that due DUPAX drill delays

BP

So OMI or Oroscur Mining is now at a £110mcap with no JORC resource at all.

I think the issue is that there are too many shares in the hands of traders, willing to sell for 5-10% profit.

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Above. Most of OMI are holders inc. many ii .

Hope ORR SP launches soon.

GLA

I note Bo saying he’d like to “punch 6-8 holes this year!”

1 every 2 months.

Easy

So end 2026=10. Half-way to 20.

Then the other stuff.

GLA have a good weekend (& MLK Day)

Nm

does this mean No Market or Not Meaningful?

Try and find a way of transfering them rather than taking a 30-40% haircut on the open;

AIUI yr ARV shares will be transferred 1:1 direct to ASX. Maybe it is a time to buy more before transfer deadline.

RERUN-

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141 views 19 Sept 2024 #HarmonyGoldMining

It’s always wise to examine the credentials of the chief executive of a company prior to becoming a shareholder so you know who is the custodian of the cash.

In Lexington Gold’s (LON:LEX) case it is Dr Bernard Olivier an academic who specialises in economic geology which is the discipline that evaluates the costs and benefits of mining natural resources in terms of their recovery value and availability.

He’s been doing that on projects across the globe for decades. He’s also got form for proving up assets and returning cash to shareholders as he and his team did with a gold prospect in the Philippines when it was sold to OceanaGold for a not inconsiderable sum.

Olivier’s not averse to a takeover and says “If ever there is an approach, we will certainly take it very seriously and we welcome it.”

The cautiousness of an academic typically prevents them from the lexicon of hyperbole, so when Olivier describes the potential of company’s assets in South Africa as ‘astronomical’ and numbers that are ‘staggeringly large,’ then stakeholders and shareholders typically pay attention.

Lexington has five projects in South Africa which are in various stages of verification. An independent geological consultancy has estimated there’s 66 million ounces of gold at Kroonstad based on historical drilling, and Olivier and his team are now working to prove it up into a JORC compliant resource.

The most recent shareholder update relates to another project in the South Africa stable. That of the Jelani Resources joint venture project with Harmony Gold (JSE: HAR). The total JORC mineral resource estimate is just over 6 million ounces of gold which Olivier describes as, “a very significant resource.”

Jelani is now in a project valuation stage with Harmony which coincidentally is South Africa’s largest gold mining company. If the decision to mine is taken, Harmony will take control of the mining activities while Lexington retains its 49% of the joint venture.

In this video interview with Sarah Lowther, Bernard also reviews progress being made at the company’s projects in the U.S. and explains how Lexington’s entire estate could put the company valuation at $130 million.

#LexingtonGold #TotalMarketResources #HarmonyGoldMining

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On some BBs Other Junior Explorer Av inground value was abt USD60oz; I observed some Ai is now using USD85oz due POG increase.

Is The Don Durrett FRES Target 18,000?

HOC is on Don D's list with price target 3000p; Fres Target is 18000p

Bfd my thoughts a few weeks ago. The timescales might just fit. Makes sense. Keep the costs in house.

- Is Spod easiy contaminated? May keeping the same vessel loading KOD Spod only for Hainan would reduce risk of cargo damage; and eliminate

hold cleaning, inspection and survey costs (and re-clean, inspn & survey if first set fails) in such case vessel has been carrying a different cargo.

PP/NLG

Gold Baht purchased n put in safe never to be seen again?

Sitting on a gold mine!

Don Durrant has Fres target 18000.

GLA

"If we discount Jelani, that leaves the US greenfield sites and the one that has been drilled - Jennings, which yielded non-commercial grades".

- Pls provide yr source(non-commercial grades) as different from recent RNS" Lexington Gold (AIM: LEX | OTCQB: LEXLF), the gold exploration and development company with projects in South Africa and the USA, is pleased to announce highly encouraging assay results from its latest diamond core drilling programme at the Jennings-Pioneer Project in South Carolina, USA...."

"If we discount Jelani, that leaves the US greenfield sites and the one that has been drilled".

- Why do you need to discount Jelani whilst failing to mention all the positives in the other LARGE SA Licences with GREAT prospects???

(See Lexington Gold website)

"On top of all this is a CLN outstanding until November which will sadly impact upside".

- Is yr ref to the recent CLN 350k; See related RNS re LTI support and CLN appears on quite good terms to speed up progress in projects in hand;

and may appear the better option vs Placing & Shareholder dilution at this time (see RNS comments on same).

- Key Rates & Benchmarks (as of early Jan 2026): Repo Rate (SARB Policy Rate): 6.75%; Prime Lending Rate: 10.25% (Repo Rate + 3.5%).

"which will sadly impact upside".

In support of Jelani JV and Mining LIc application it would be hoped that the CLN impact on upside would negligable vs SP/MCAP increase.

GLA

Tks Dibs

Is pleased to announce that the prospecting right owned by Jelani Resources Proprietary Limited ("Jelani Resources") (the "Jelani Resources Prospecting Right") has now been formally renewed until 29 May 2026.

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May be no need to renew??? It may be suggested an application for Mining Rights has been submitted n awaiting reply.

Then whoosh...

GL

Xi's vision deadline is 2029

Q" I'm sure I read somewhere that AZ's looking at unlimited highway speeds. When Montana tried it a few years ago, they called it the "reasonable and prudent" speed limit, which most people took to be about 100mph".