Oliver Hasler, CEO of PYX Resources, explains how the modified export licence will impact EBITDA. Watch the interview here.
Utter rubbish. They are hoping for a decent zinc deposit. Nothing drilled and nothing proven. Dear oh dear. Learn something about the industry before posting !!
Ah well, I am Irish. You would expect me to be a loser !! Poorly educated, catholic, 10 kids and church tomorrow !!
Yeah. It is a neat way around the regulators and awkward questions. I must remember this for next time !😂
Sad really. Another punter who has almost certainly not been anywhere near an open-pit, never been underground, never read the JORC(2012) standard, never examined a P and L spreadsheet for a zinc producer ( zinc is an international commodity by the way in case you are confused).
Nothing wrong with being a 'punter' but try not to portray yourself as an expert in the zinc market place when I doubt you ever got past GCSE in any science subject and certainly do not have a degree in Earth Sciences or Geology or Mining Engineering. If you had any of these I might be more ready to listen to your propaganda. Please advise.
I wait with interest on your next ex-cathedra statement ( look that up - its an Irish thing !!) to enlighten us all- perhaps on lithium. Could be amusing.
Nighty night !😇
Please state the FACTS not speculation about whether Cooper Lemon is involved, whether there is ( undrilled and unproven) tonnage and grade beneath the low tonnage and low grade superficials, and how you are going to move the local township out of the arc footprint of an open pit !! Stick to facts and preferably about copper not a 'loser' commodity like zinc. Ask the Irish - check out Tara Mines, Navan, Co.Meath ! where I used to work 😂
There are no 'exhibits' - just your guesswork. Poor quality research and judgement. Stick to facts.
The value in GLR is the copper assets
The web site says that Ka$hitu is a modest tonnage, low grade zinc property. Why do you think differently ?
Zinc is not where the $$ are to be made and certainly not on a property bordering a township and disputed to hell.
Further, there is no evidence that CooperLemon is involved. If you want to promote GLR by all means do so but using the real assets - copper - Luansobe and Shingand a😍
GLR has to be one of the most undervalued and high potential gain stocks in the junior market place. Assets do not lie !!
Tee hee hee !!
What cancellation ? Are you brain-dead ? What a load of rubbish.
Yup. Just a poor Irish Dimwit. You got it toss-pot !😂
By: Staff writer of Eagle FM just a few weeks back
A decision from the Ministry of Mines and Energy regarding the Hope and Gorob mining licence application ML 246 remains pending, Colin Bird, executive chairman of Bezant Resources, said last Friday.
“Exclusive Prospecting Licence 5796 has been extended to 19 October 2024. EPL 5796 is the licence within which the area of mining licence application ML 246 has been made,” Bird said.
He said further work on the drill core generated during the most recent programme to test near-surface mineralisation has been completed and the new database is under review by external resource consultant Addison Mining Services with a view to generating an additional open pit Mineral Resource Estimate in Q2 2023 to complement the existing underground resource.
“Personnel familiar with the Matchless Belt geology and in particular the Hope and Gorob style of mineralisation have been recruited to manage the next phase of exploration to test the balance of the known and projected strike length and other defined targets. Exploration will focus on additional drilling and it is aimed to commence this programme in Q2 2023,” he pointed out.
Bezant acquired 100% of Virgo Resources Ltd and its interests in the Hope Copper-Gold Project in Namibia. Virgo, through its 100% owned Australian subsidiary Hepburn Resources Pty Ltd (ACN 624 189 162), owns 70% of Hope and Gorob Mining Pty Ltd incorporated in Namibia which owns EPL5796, and 80% of Hope Namibia Mineral Exploration Pty Ltd Incorporated in Namibia which owns EPL6605 and EPL7170. The balance of the project is held by local Namibian partners.
On 9 August 2022 Bezant announced it had submitted a mining licence application for the Hope-Gorob copper-gold project area to the Namibian authorities.
The mining licence application is based on an updated Scoping Study completed in May 2022 by external consultants incorporating historic mineral resource estimates which did not yet include additional near-surface copper-gold resources generated by the Company’s shallow drill programme completed in early 2022.
The Scoping Study indicated that the potential for the development of a surface and underground copper mine exists at the Hope and Gorob deposits and recommended completion of the additional work required for optimisation of mine development plans including the work necessary to obtain granting of environmental permits.
The Scoping Study also recommended that further exploration work continues to fully define resource potential at these deposits.
The recently completed shallow drilling has continued to extend the strike and up-dip extension of mineralisation at both the Hope and Vendome prospects. The new drillholes have added more than 1.5km to the mineralised strike length, with the potential to add significantly to the previously estimated mineral resource.
Further information and the up to date position for H&G is reviewable at : https://www.eaglefm.com.na/news/bezant-resources-updates-on-hope-gorob-project/
I agree it is not easy to follow these applications as MLs and EPLs overlap and get updated and changed with new applications !!
H&G will get approved and there is a substantial mineable reserve despite what some idiots claim
Fo clarity, ML 246 became invalidated when they submitted an extension application in September, 2023 for an expansion of the mining zone. So, you were technically correct but not currently so. A new ML is required.. Then the ECC.
Look, clown. Here is your posting from 24th May
The price of copper is irrelevant if you don't actually have any copper and don't have much prospect of acquiring any.🤪
What I have now shown you, dimwit that you are, is there is a JORC (2012) certified copper resource at H&G, shallow and mineable once the permit arrives. That will be very soon.
Perhaps you should do your research a bit better before posting utter rubbish !! The SEIA and EMP ( know what they are ?) were approved last month and the final furlong is now entered for the ML to be issued.
There is no Mining Licence only EPL 5796. What Clon has to do with I have no idea !! Wake up Willy !!
Atom is clearly sick and an amateur. We should sympathise not chastise !! Back to the Lego/Leggo !!
You are clearly a very troubled and sad individual. I feel for you - sort of !!
'Not sitting right' ? What a pathetic statement from a market ignoramus. Go and play with your Leggo bricks.
Who knows ? Their investment decision may even turn-out to be a wise move.