Member Info for JuniorLassonde

I agree Seisnav - it's now becoming an "aha" moment for some. Consolidation or clustered development is highly attractive amid rising global copper demand. Also, this kind of clustering is common in mature mining districts to maximise efficiency. The Hub and Spoke model works, and combined spokes can build to a Tier 1 capacity. Plenty of money to be made by all parties involved. And of course this will then make its way to increased market caps and share prices.

Jubilee.Molefe : https://x.com/Jubilee_Metals/status/2001986850001740024

'Authorised' hahaha WTF

By that definition, it sounds like BS was using 'the old lazy trope of all the people who are positive must be the same person.'

Positive for a good reason unrelated to inside information - just common sense on the assets GLR has, and the demand for those types of assets.

Helps with producing assets e.g. Molefe, and soon Luansobe IMO: https://www.livecharts.co.uk/MarketCharts/copper.php

Now's the time Colin.

Coyote, you can expect to get this BS from aptly named BS whenever someone has a positive view. I suggest BS takes his BS to the moderator to ask if we are the same person :-) LOL

It’s an interesting announcement for sure Chri5p. Keep an eye on that …

No smoke without fire I reckon :-)

GLR's PL039/PL040 and PL253 are all very well placed. My bet is on PL039/PL040 having the higher value despite PL253 between two Cobre copper finds ,with BHP involved with them at Project level. MMG's Khoemacau current strategy is to look for expansion within 70km of their mine and the signs look good for GLR IMO. Sandfire might have other ideas on getting those licenses.

Kavango: https://www.londonstockexchange.com/news-article/KAV/jv-partner-sought-for-kalahari-copper-belt/17372856

GLR 's PL039/ PL040 licenses are approximately 10-15km from MMG's Khoemacau

It’s comIng: https://x.com/go_rozen/status/1999576067007226230

Buying on a regular monthly cycle, means not buying every day of the week.

Hot: https://www.livecharts.co.uk/MarketCharts/copper.php

I think the JLP deal is getting folks to understand the potential for future collaboration deals beneficial to both companies. GLR has the Zambia exploration portfolio and mining licenses - with some other potential open pit aspects which ties in with Jubilees strategy. Galileo has other outside interest in those assets as well. There are also several Tier 1 potential assets in GLR's portfolio which would be big boy territory. Which deals will lands first? All good.

Highly geared - I had completely missed that. Thanks ! :-)

It was a typo in the RNS. I read it as 'or', instead of 'of'.

this is what coyote was referring to

- as announced, at luansobe its preferred option remains a direct sale of jv which it hopes to achieve during the next 5 months;

- at kamativi in zimbabwe, further work is pending renewal of the epl which is expected imminently and fieldwork could commence within 4 months of the renewal ; and

- ka****u- preferred option is sale pending further negotiations with third parties.

source: https://www.lse.co.uk/rns/glr/oversubscribed-placing-issue-of-equity-tvr-a13g2mnbwpt0nxt.html

Https://pubs.usgs.gov/sir/2010/5090/j/sir2010-5090j_text.pdf

US Geological Survey. Deposit ID 90, on page 122.

Also this: The 65 million tonnes (Mt) resource estimate for Luansobe (also historically referred to as Kasaria) comes from a later assessment by Mopani Copper Mines (MCM) in 2000. Key Source and Context MCM 2000 Estimate: During a site visit or in a press release/internal update, MCM (then operating under ZCCM's post-privatization structure) calculated a conceptual deeper resource at Luansobe of ~65 Mt at 2.37% Cu (containing ~1.54 million tonnes of copper metal). This targeted sulfide mineralization from ~100 m to 1,250 m depth, building on historical ZCCM drilling but incorporating updated geophysical and modeling data.

Hold onto the deeps CB.

Since the IRH takeover, there has been no reported advancement to a final commercial contract - that is true. However the Jubilee's October 2025 "Zambia Copper Strategy and SA Disposal Update" states "Jubilee continues to push for constructive engagement in the matter." and "discussions are ongoing." https://www.londonstockexchange.com/news-article/JLP/zambia-copper-strategy-and-sa-disposal-update/17263889 so it's not a walk away situation IMO.

Harmprof, I am familiar with that document, and which was presented at a conference 7 years ago w.r.t the Chibuluma mine.

As regard the Mopani mine which has a deal with JLP - many things have happened in that period. A deal on the slag, a massive investment by IRH etc. Processing technology in particular has come along leaps and bounds, so the report is likely out of date on key monetisation aspects compared to the current Mopani strategy.

Coyote. A good summary. Thanks.

Several other pieces of information I am interested in e.g. the Ivanhoe Makoko-Kitoko discovery in 2023-2024 in the Western Foreland - 27.2mt @2.79% indicated, and 494 mt @1.75 inferred - https://www.ivanhoemines.com/news-stories/story/makoko-kitoko-discovery-doubles-in-size/ astonishing. It is immediately North West of Kamo-Kakula, and along strike from it. Galileo's license shares the core geological framework and Shares basin architecture and lithologies for brine-hosted Cu; also adjacent to Ivanhoe Angola licenses - where they took a lot of licenses in Angola across the border from our license for reasons best known to Ivanoe (not random for sure). CB will want to drill that puppy further - for obvious reasons - and the 'flywheel' monetisation strategy to provide the cashflow will lead to that happening.

Shinganda has open pit potential - and it could form a spoke for another processors hub, whilst they drill out the rest of the asset. Again. potentially Tier 1 territory for that license IMO.

With Luansobe, the reason for going there in the first place was the potential 65mt @2.37% copper in the ZCCM papers. CB then discovered the open pit in the North of the license (monetisable), and the underground mine, and that leaves the huge potential of the deeps going South towards the Mopani Mine... I doubt there is no copper between the North of the license which we will soon monetise, and the Mopani Mine - which they have sunk additional shafts for. It's along strike.

In terms of the Kalahari, PL39/PL40 are only 10-15km from Khoemacau. Any find here will be snapped up - I can even see a JV potential on that one. PL253 is already sitting between two discoveries and Cobre appear set on Copper production with BHP and another large investor. All good..

Etc etc..