Member Info for launder

Reddirt - thanks for your earlier answer about the lighting towers, by the diamond drill rigs. I have just logged in again and seen your message.
Paddy & Strudel - thanks for all your work on the images. I am waiting for the next one that shows the big sign,
" Nine rigs. I told you, we are going as fast as we can - SB. "

Yes, Lenz - but look at the way the share price has held up, since the last quarterly report, even after our re-rating this year.
Now, we have passed the half-way mark and are looking forward to the interim.

Thanks, Strudel -
I love the way the drills are so busy, night and day.
I seem to remember that NCM have mobile scanners, beside the drill rigs, so that the cores can be examined, as they are extracted. As you say, the diamond drills would be likely to have more light around them than an RC site.

Yes, great work, Paddy and Hydrogen -
It seems that HAC9503 may lie between the two arms of the horseshoe, if the high-grade zones continue NW.
If I remember correctly, when our 21st Century geophysical results were published, Gervaise said he thought that NCM may not have drilled deep enough. Perhaps because they did not have had the tech. available to GGP.
As you say, Paddy, the growth phase with deep drilling in the NW should provide answers.

Schlemiel -
Thanks for posting the link to their report.
They were certainly correct about Havieron when, anticipating GGP's second drilling campaign, they said the next few months should be exciting.

Hydrogen -
Thanks for your reply, last evening.
I am optimistic about our targets in this area, partly because, as you say, there is the potential for district scale gold and copper finds. The faulting is on a district scale and the magmatic systems may be also.
Another good sign is the other companies, working hard nearby, because they share our interest in the geology.

Paddy,Schlemiel -

Yes, I agree. At Havieron, Newcrest will have both the size of deposit and the proximity to Telfer, so they can invest in the technology they like best. They can refine the mining and trucking of ore to suit their own big, hungry processing plant, which is already tuned to handle Paterson gold/copper ore. They will have many years LOM, so investment in the early days will pay dividends.

Havieron will attract publicity in the mining industry for years, not just for the size and grade of the deposit, but later for the technology used to mine it.

If NCM start a decline soon, the cost will be on their books as exploration work.

If that decline is later used to extract ore, it may reduce the CAPEX to build a mine and so reduce the amount that GGP have to contribute.

Is that too optimistic?

Magic -

Thank you so much for all the work you put into this.

I love the the large gold /copper mineral ratio at Havieron. It should be great for the economics of the project.

Like you and many others here, I am waiting for the start of drilling at Scallywag.

Thanks for your work, Paddy.

Activity in the W and NW looks good to me.

TakingMyTime -

I have just noticed that, on the Hargreaves Lansdown site, Gervaise's recent share sale is marked as "tax-related".

Jambo -

Perhaps no.9 drill rig, when carrrying out hydrology tests, will find The Great Havieron Aquifer!

(Lined with alluvial gold)

Thanks Paddy, for Aimtrader Notes -

I think, in a few short pages, he has presented the situation well and I agree that Greatland Gold seems to be just at the start of its journey.

I just hope that a stop sign, in the form of a takeover, is not placed in our path.

By the 3rd. quarter of this year, NCM should have presented many more drill results and a valuation of our share of Havieron may look very different. So I agree there, as well.

However, with 8 or 9 drill rigs working 24/7, any valuation might soon be out-of-date.

Even if Havieron was bought out, later this year, what about the targets in the Paterson? AimTrader shows some of them , but we have, potentially, years of exploration in the two large blocks. It could be such a growth area for our company.

So I hope that Greatland Gold continues, with or without Havieron.

It was said that some Victorian miners could walk onto a neighbour's ground and say,

"You'll do all right, here, I can smell the tin and copper."

It sounds impossible, but we now have MMI sampling, to pick up elements which have made their way to the surface.

Those men must have been like bloodhounds, though, to trace parts per million, or per billion.

Alternatively, perhaps they were just encouraging their rivals to dig in the wrong place.

Paddy -
You mentioned water divining, this morning.

Many years ago, my father was secretary of a small mining company, looking for tungsten. The local miners advised him to call in a dowser, Old Fred.

Fred walked the ground and drew up a plan, marking the depths of the minerals at different points. He even advised where to sink the shaft.

My father sent his findings to the company directors in London. Unsurprising, they put no trust in Fred and his dowsing, so they called in a drilling contractor.

After some time and considerable expense, the drillers produced their results, which were exactly as Old Fred had predicted.

Though, I am not sure that Old Fred's grandson, if he had one, could tell us what lies under 420m. of cover.

Sorry, please ignore the last two lines of my previous post.

I agree, Stuart.

Havieron has to be at the centre of GGP, unless and until something better is proved by the drill bit. Newcrest are working hard to make our company worth far more than it is now.

Any gold explorer would love to be in our position.
explorer would not love to be in our position.

Even then,

Marmaris -
I was looking recently at our work on Ernest Giles. With the current gold price, and so many of the Paterson licences tied up, this might be the time for a company to make a good offer on Ernest Giles.
Similarly, with the Tasmanian projects, which must now be more attractive, after our drill results. Hopefully, the lockdown position is becoming easier in Tasmania.

Stuart -

Quite right. I would't say "No" to four ore bodies at Havieron.

Stuart, Paddy -

Paraphrased: "Results from NCM Phase 1 drilling last year confirmed:

High-grade mineralisation.
Broadened mineralised extents.
Observed depth extended to 950m. vertical.
Upto four sub-vertical zones of higher grade mineralisation observed, within a larger mineralised
envelope."

Perhaps the base of the horseshoe is one, the arms heading NW are two and three. Then four is yet to be defined.

Too optimistic?