Good to see28 Feb 2025 13:13
That that the Telfer geology is getting some interest. And to be honest this is the bottom line that will eventually move the SP north. This geology report of Telfer aligns with a lot of what Bamps shares with us. Most of its in layman’s terms
Although anomalous copper and gold values were obtained, they were not deemed sufficient to warrant further investigation in the remote location. In mid 1972, Newmont Australia Limited, who were aware of both the original gossan discovery and the Day Dawn anomalies, visited and pegged title over the area. This was followed by sampling and then an intensive drilling program that by 1975 had defined an open pit reserve of 3.8 Mt @ 9.6 g/t Au, mainly of oxide ore. In 1975, BHP Gold Limited was introduced as a 30% joint venture partner in the project to satisfy Australian Government foreign ownership legislation.
https://portergeo.com.au/database/mineinfo-mb.asp?mineid=mn224