Member Info for JuniorLassonde

RNS - Drill re-commences. Packaging up for SALE IMO. GLR will have had additional input from the Aeromagnetic Survey - all paid for by Sandfire, and also they will have had input from the discoveries next door either side of PL253. Nice. Competitive tension between Sandfire and BHP would be good - although I suspect Sandfire - with first right of refusal will get the asset. Sandfire also own the license just below PL253 which they acquired from GLR on which there is an $80m bonus potential for GLR subject to tonnage, JORC etc.

Galileo's license (JV with Cooper Lemon):

227 28001-HQ-LEL L and I Investments Limited Ag, Au, Co, Cu, Ni 55207.7000 ha North Western, Mwinilunga Approved 22nd August 2025

https://www.mmmd.gov.zm/?p=5497

Ivanhoe are also now invested both sides of the Zambia : Angola border in the Western Foreland

Having just done some snooping - I think Western Foreland moves up a tad in the rankings - possible JV.

Exciting times Chri5p. :-)

Funky, if you decide to go for it will you drip feed that £50k in to get the best buy in price or would you hammer the ‘ask’ hard and get it over with? I prefer to drip feed money in.

That is fair comment Rodney T.

That is an interesting point DC. GLR has more than one asset that can be monetised, we are not reliant on one. We have three approved mining license and several other assets that are in great locations. So safety in numbers, safety in the number of monetisable assets etc. We only need one monetisation event to start the re-rate

Hi Chri5p - I was surprised by the Kamativi mention. I know the Kamativi license is being renewed, but maybe Colin knows more about potential size or proceedings than he is currently letting on. Shinganda - I think a JV will move that forward - same with Western Foreland. The big triggers - for now - are Luansobe (also mentioned) and Kas$hitu monetisation. Get them over the line and a massive re-rate is then on the cards.

I listened again this a.m. Given the location - approx. 20-30 miles from the Newmont-Barrick Producing Goldmine it shows a lot pf promise. Getting the assays back in the next 3 months along with the other work underway will product some additional targets. Interesting that CB mentions Luansobe, Shinganda, and Kamativi - I think in terms of size. All good. Let's get the $$ news update on the table.

CB: https://youtu.be/8VbtbuQdqgc

Current Order IMO:

1. Luansobe Open Pit - per CB Podcast Discussion - shareholders want monetisation wherever possible

2. Ka$hitu Open Pit - Per CB Podcast Discussion - shareholders want monetisation wherever possible

3. Luansobe Underground (approved mining license + the 62mt potential Deeps - JV - As a Package - + using $ from 1 and/or 2

4. Western Foreland - JV - Prolific Area - lots going on - attractive asset

5. Shinganda - JV - Could be a huge IOCG deposit - attractive asset

6. KCB - Great Licenses in great positions - next door to discoveries - mines etc.

7. Ferber - Looks great - well positioned - huge gold mine 20 mile away - prolific area - JV Potential

8. Bulawayo - needs news

9. Kamativi - needs news - license renewal in progress

Compounding several into each other is huge bagger territory.

Yet another unnecessary and continued negative attack from you BS. The assets and the opportunity speaks for itself and is much stronger than your vitriol.

A few more TR1s with Increased holdings or first time announcements of significant interest will make things interesting…

Agreed. We just announced a brief but very important note on the KCB assets. Why the re-look - what triggered it. I think I know. DYOR. Same with Ferber - in play again - 20miles from a large producing Gold mine owned by Newmont and Barrick. Looks good already. And the Podcast - monetise what you can and go for the bigger stuff as well. Lots of great assets in play. All good.

Fingers crossed HD :-)

looking forward to it hd. if you look at broad npv figures for the open pits at luansobe and ka****u, the potential sale of one or more of the 3 kcb licenses, a possible jv on western foreland and shinganda - same with ferber (nearby huge gold mine), and possible movement on the bulawayo and kamativi assets (if the rumour has legs). that is a lot of juice options to propel this forward.

The TR1 Accumulators and those heading to TR1 believe the potential. The Herd are behind the curve - that's why you see massive rises when good news drops which then pushes onwards. The herd give the opportunity to those who accumulate. Monetisation announcements will change things rapidly.

Update - The Long Canyon Mine, operated by the Barrick Gold and Newmont Corporation joint venture (Nevada Gold Mines), is a significant gold discovery in Nevada’s Pequop Mountains, producing 100,000–150,000 ounces annually. Located 20–30 miles from the Ferber project in the Ferber Hills, its success has likely driven the “resurrection of Ferber,” with Galileo Resources’ 2025 exploration program targeting copper-gold and gold deposits, leveraging regional geological potential and infrastructure.

Sounds like CB was right to hold on to the Ferber licenses.

We are now pushing on multiple project fronts for that 10 bagger ++ with Luansobe and Ka$hitu open pits being first off the rank IMO. i think Ferber, KCB and Luansobe deeps are the even bigger prizes once we get monetised,

Thank you slowlyslowly. The effort in the response is very much appreciated.

Yes, the PSR is as you stated. Monetising Luansobe will give us the multi bagger, ka$hitu will compound that further, and if the deeps is drilled and CB finds what he started out looking for in the first place then it’s serious big time $$.

Keep the news coming Colin.

Thanks Chri5p. What’s the reasoning behind the £19m profit earned before a dividend ? There is probably a simple accounting reason for it which I will look into.

Ferber resurrected - looks like for very good reason. Getting there :-) And news flow is starting to come though .. see you at

The 10 bagger party …