Member Info for itsyou

Just out : http://www.alignresearch.co.uk/caracal-gold/caracal-gold-increased-mineral-resource-estimate-for-the-kilimapesa-gold-mine/

Suggins,
Horses mouth!

Sound like Maghor drilling is going well

" and are very excited to find and prioritise the next sources of production to compliment the growth on Kilimapesa Hill and the existing mining licence."

RPdard,
Yes, just 1 &2, as batch 3 was the E & W extensions
"assay results expected from testing the western extent of Kilimapesa Hill and the eastern boundary"

It's JORC compliant as well, but can't see the cut off grade.

Hopefully Stefan will do a follow up video, like the one he did last year whilst onsite

https://www.youtube.com/watch?v=tvp8xPCSgdA&ab_channel=DGWANewsChannel

New Tweet

Caracal Gold plc | LSE:GCAT | #GCAT
@CaracalGoldplc
·
2m
Our flagship Kilimapesa #Gold Mine in Narok County #Kenya has an established shallow underground mine & processing plant as well as an extensive prospecting permit, offering immediate production value and future uplift opportunity which #GCAT is poised to deliver on.

APR, Yes plenty of room between AISC and US$ POG, plus you also have to take into account that the US$ has recently risen against all currencies(over 12% vs GBP), so that margin has increased 12% in GBP terms.

POG valued in all other currencies has been far less dented. GBP POG currently at £1450 vs £1550 all time high. Very similar in Kenyan Shillings! 205,579 vs ath of ~232,500

After all GCAT is valued in GBP and our profits will be in GBP, so as a UK investor I only look at GBP POG, whilst noting KES vs US$ for operations costs.

Page 134 of the Prospectus for all locked in shareholders. All companies only list the top holders on their websites, not smaller ones.

Legalwolf,

Directors, Management and others are locked in.

In fact the CEO did the opposite and bought just over 4m shares at avg 1.04p, just over 2months ago.

Latest holdings : https://caracalgold.com/investors/shareholder-analysis/

Ignore that, probably in US date format!

That image was taken on 7th April, which you can see in Properties in IE

ID78,
Yes, higher detail, higher resource confidence.

I also seem to recall they mentioned many months ago that the 2nd Ball Mill was in Nairobi being refurbished. Appears to be back.

The Block Model picture on P12 of the latest presentation is quite revealing.

The existing Resource is in the centre and they show where drilling has been done to the right(East) and left(west), which will be the ounces being added in the upcoming MRE.

They've sliced the image to the right extension, to show the mineralization at depth for Underground mining.

More of note is the large contiguous blocks of higher grade at surface to the left(eastern extension), which will no doubt be Open Pit.

P.s Their website is undergoing a revamp, with new content, picture & Images. Although the pics/vids aren't visible atm, you can see them, if you know where to look.

Here's one : https://caracalgold.com/wp-content/uploads/2022/06/5d311b7f-d653-4b2b-b24f-b13729f32d45.mp4

Looks like the second Ball mill behind, on the ground.

OOSM, beat you too it, but thanks :-)

Top tip for fast tracking the video presentation

- Using an MS Edge browser(other Internet browsers are available )
- Right click
- "Save Video As"
- Open MP4 download
- Use the scroll bar :-)

Now available to view again

https://event.webinarjam.com/replay/30/plp7gtx6fwysv9s07l

No scroll time bar, so having to listen to the first guy again!

How come the first guy got more Q&A time?

Presentation feed was poor for me, with gaps; not sure whether that was just my internet. My fault, was supposed to go in person, but had last things that came up.

APR,
"AISC of $1200/$1250 is still pretty darned good " - yeh, plus that includes the capital being employed at the moment to upgrade the plant/mine.

Can't believe that producer GCAT, with 1.3moz JORC and about to increase, is valued at less than early stage explorers without even a drill hole intercept. Mad!

I'm with Suggins, plus RNS 2 has the "1m @ 29.23g/t Au from 209m"

IMO there's only one person embarrassing themselves.

Let's keep it real and factual and no big technical words that sound good, that don't make sense.

GLA

Greg

Can you please elaborate on these two comments; not making much sense to me. Thanks

" the hidden divergence in that low-grade high-grade scenario means the whole area contains far more gold than previously thought."

and

"It's because the high-grade threshold is relative to the depth and thickness of the intersection."

I don't think the bar was set at "Hole KPGRC047: 6m @ 1.65g/t Au from 79m"
Better results in Batch #2 RNS and much better ion Batch #1 RNS

As for how far they've extended it, look at Page 11 of the Indaba presentation, where if you zoom in you can see the hits on each drill hole. The existing veins from 2012 drilling are shown.

https://caracalgold.com/wp-content/uploads/2022/05/Caracal-presentation-Indaba-RMcpptx-2.pdf

As for the disputed area(Red Ray, etc) Page 26 of Q2 presentation shows work commences as the same time as Voyager & Mentelle, which we've been told will be Sept. Watch this space...