Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Hi Jerryspaniel -
Thanks for your reply.
I am a long-term holder in GGP , but have only recently posted. I am not a geo., but keenly interested in everything that GH can report. I have learned such a lot from other posters and I am interested in the geology and the maps.
My family had trades related to hard-rock mining since the exodus from the UK , 100 years ago, to North America, Australia and other countries. GGP has enabled me to follow them, by investing in these projects.
I remembered that a pre-drilling RNS for Havieron reported offset, or overlapping, masses for the gravity and magnetic results. I took their geo.'s wording of "causative bodies" because I was hoping there was a geo. on this board who could explain its significance. In this case, I think it simply means the ore bodies which caused the geophys. results.
I don't remember hearing anything since, from GGP or NCM, to say that tests had later confirmed a single ore body at Hav.. In other words, that offset gravity and magnetic results were quite normal and did not imply a second ore body.
Paddy's most recent Corebox, with infill drilling results, shows a very tasty and, I think, consistent ore body is being revealed.
Another plus point is that, the further we can step-out and find more ore, the less in percentage terms we lose from the unmineralised mafic intrusion, which was reported in the early GGP results.
Jerry - I agree with you about the Tasmanian assets.
In previous years, they kept momentum going in GGP, during the Summer heat in WA.
Now, of course, even from December to April , Newcrest are working 24/7 and helping to build more value into our company.
I agree with BTB (Sat @ 13.30), about the recent updates on the GGP website.
The images of Scally, BH and PRE are very exciting and I can hardly wait for the drilling programmes to start.
As others have posted, there is a NW-SE trend to the geology and, after initially working on a N-S model at Hav, Newcrest have moved NW-SE there as well. Our exploration projects are only footsteps apart, on the scale of this great ancient basin, so let's hope they all give us the same minerals.
A well as the results from Hav, where Newcrest are revealing our asset in 3 dimensions, those images of our other holdings are watched by many investors and miners. They will really help to support our share price in the next six weeks.
Sorry, Schlemiel, I was trying to work out why the gravity and magnetics, which were hitting results at approx. 420 metres (basement), should produce offsets of as much as 200 metres and 500 metres, in the absence of a possible halo effect from iron.
The geophys. refers to causative bodies, in the plural, while Newcrest's recent model shows the horseshoe-shaped body as a single mass.
The references, recently, to the two domes found and mined at Telfer reminded me of something I had read in that geophys. RNS for Havieron, before we started drilling.
I am hoping that our complicated gold/copper deposit will soon prove to be much more complicated. As GH said in Thursday's interview, I think we are just at the start of Havieron.
I have been re-reading the pre-drilling geophysics results, from the GGP website.
Comparison, by the Greatland team, of 3D gravity and magnetic models revealed offsets (approximate 500m. vertical and 200m. lateral) between the causative bodies , deep below ground.
No iron deposit has been found, so can anyone find clues, from Newcrest's drilling pattern, about the potential for offset ore bodies at Haveiron?
I am certainly looking forward to the proposed step-out programme!