Member Info for lebugue-addick

Hi Bamps - any chance you could re-post your message of 3 September timed at 17.58, as updated if possible, regarding your calculation of the multi million ounces at Havieron?

Cheers l-a

Since the 65k metre drilling program was announced 28 January, c. 56km has been drilled according to the 6/7-weekly RNS's.

Drill results to date:

RNS 28 Jan 138,504m drilled for 153 holes
RNS 11 Mar 154,953m drilled for 179 holes (16,449m for 26 holes since 28 Jan)
RNS 29 Apr 158,663m drilled for 183 holes (3,710m for 4 holes since 11 March)
RNS 10 Jun 164,420m drilled for 190 holes (5,757m for 7 holes since 29 April)
RNS 22 Jul 184,081m drilled for 212 holes (19,661m for 22 holes since 10 June) Note: 7 reported, 15 still in lab
RNS 9 Sep 194,456m drilled for 230 holes (10,375m for 18 holes drilled since 22 July) Note All 18 still in lab though 12 of the 15 outstanding in 22 July update were reported on 9 September. So a total of 21 holes could be reported in October update.

Total drilled 28 Jan to 9 Sep: 55,952m for 77 holes. Average depth/hole = 726m.

The next set of results should therefore be a bumper crop if the labs can catch up.

I have noticed that a lot of posts from positive holders have been deleted today - it's no surprise by whom. Coincides exactly with the increase of those with negative views on GGP. They are doing their best to disrupt the board thereby dissuading others from investing or investing more. Their game is clear. Best not to get drawn in.

The GGP story is compelling. Anyone who has done even superficial research would conclude that we are sitting on a Tier 1 asset which will be proven this side of Christmas we expect.

GLA LTH l-a

Blindfaith - what absolute rubbish. What is your own valuation of (1) Havieron and (2) the rest of GGP's portfolio just out of interest?

Vertical Profile - from the July presentation:

"The exceptional ounce per vertical metre profile from Havieron’s Initial Inferred MRE is a clear standout. These ounces are contained over a compact 650 metre strike; providing for the efficient and cost-effective development of in-mine infrastructure.
- Figures are based on the Initial MRE and do not account for the last > 6 months of drilling
- Top 200m : Averaging > 8,500 ounces per vertical metre (OPVM)
- Top 600m : Averaging > 6,000 OPVM
- Top 600m : Averaging > 75,000 TPVM
- The ongoing growth drilling continues to support the potential for resource expansion within the upper levels of the Havieron mineralised system (alongside existing MRE). In addition, there is potential for resource extensions below the existing MRE.
- There is a clear correlation with the metres drilled and the identified ounces per vertical metre. The planned growth drilling aims to provide adequate definition to expand and extend this exceptional OPVM profile".

Looks like those figures will soon lead to more ounces following today's update - still open at depth.

Panama: "There is a ton of gold sitting still in most directions outside the main resource area".

There must be nearly a ton in the labs as well!

SD: (Don't forget the) "early free cash flows". LTH will really like that statement.

133m @ 7.0g/t Au - Very high grade over a very long distance. Quite unique - world class in fact.

The pace of construction activities and surface infrastructure at Havieron is intended to expedite future mining operations, enabling early free cash flows to be re-invested into further development. This supports our belief that the low-risk profile of Havieron makes it a globally unique opportunity for bringing a tier-one gold-copper mine into production."

HAD133W1 - 133m @ 7.0g/t Au & 0.05% Cu from 1,446m. OMG nearly 1,000 gram metres!!

Well done stu, magic and bottle. Really enjoyed hearing your analysis and enthusiasm.

SD presentation should be fun tomorrow. Very happy with these results.

GLA l-a

SD has previously flagged up the likelihood that we will get the 15 remaining drill holes outstanding from the 22 July RNS. These are from:
SE Crescent (2 results awaited) - HAD 133W1 and HAD 133W2. We have already had a good insight into what HAD133 looks like with partial results showing 85m @ 11g/t Au and 0.29% Cu from 1,345m (including 13m @ 32g/t Au and 0.46% Cu from 1,363m and including 14.5m @32g/t Au and 0.33% Cu from 1,396.5m). Looking forward to hearing the 2 outstanding holes tonight - they look like tasty morsels.

Northern Breccia: 12 out of 21 holes reported, so expect to hear of the remaining 9 tonight.

Eastern Breccia: all 4 drill results are awaited and expected tonight.

These holes are part of the ongoing Growth Drilling programme, targeting:

- North West Crescent and Northern Breccia: Zone of initial focus aimed at providing support for the potential expansion of the existing Inferred Mineral Resource.

- Eastern Breccia: Drill testing and interpretation of the geological and mineralisation controls is ongoing.

- South East Crescent and Breccia: Targeting potential resource definition of extensions below the existing resource shell and lateral extensions adjacent to the existing high-grade resource shell.

- New Targets: Identified outside of the immediate vicinity of the Havieron deposit, but within the Havieron Joint Venture area, with the potential to conduct drill testing of these targets in the future.

So I expect to hear that further significant results from Growth Drilling continue to support the potential for resource expansion within the Havieron gold-copper mineralised system. And that this continues to confirm extensions to the high grade South East Crescent and the Northern Breccia mineralisation below and around the initial Inferred Mineral Resource estimate.

Also looking forward of course to discussions on the Juri JV - good luck Magic and Liam for tonight. It could be another belter.

GLA l-a

"in trouble" I hope you meant of course

Just logged back on and saw your post Bellers - so sorry to hear about your wife. Best to you both. Tell her not to fret about the SP, it will take care of itself!

SLIM-GGP: "topping up here and there with the Mrs". Well done SLIM; as a matter of interest what did you get for the Mrs? just kidding, nice to see a new face here.

As far as the market reaction on Thursday is concerned it depends on the extent of the news released. We know from the 22 July update there were a further 15 Growth drill holes that had been completed with samples awaiting assay, anticipated to be received and reported tomorrow evening around 11.45pm.

These holes are part of the ongoing Growth Drilling programme, targeting:

. North West Crescent and Northern Breccia: Zone of initial focus aimed at providing support for the potential expansion of the existing Inferred Mineral Resource.

. Eastern Breccia: Drill testing and interpretation of the geological and mineralisation controls is ongoing.

. South East Crescent and Breccia: Targeting potential resource definition of extensions below the existing resource shell and lateral extensions adjacent to the existing high-grade resource shell.

. New Targets: Identified outside of the immediate vicinity of the Havieron deposit, but within the Havieron Joint Venture area, with the potential to conduct drill testing of these targets in the future.

. Early Works advancing - Decline contractor has moved to 24-hour operations; so maybe another 100 metres or more advanced since last update

. All surface support infrastructure nearly completed (probably)

Lots of exciting news imminent I think you will agree - but market reaction? Who knows!!

GLA l-a

Just so there is no misunderstanding - there has not been a dearth of discussion on valuation as one new poster said earlier today. The discussion has been ongoing for 2 years or so ever since the first drill results.

Can we assume BR will be doing another results night podcast next Wednesday evening with a Bamps/BR follow up some time after?

Bamps, thanks again for posting this - many new investors and posters are starting to pick up on the GGP story judging by the increased number of new posters here over the last few months. They may not yet have grasped the enormity of what we are dealing with from a GGP asset point of view - certainly judging from today's behind-the-curve posters. It would be a good idea if you posted this once a week for a while to help get the message across.

GLA l-a

The 4.2m ounces is ancient history, in investing terms, as it is nearly 9 months out of date and only concentrated on one small area. Since then we have had 5 further excellent drilling updates increasing the mineralisation even further. And Havieron is of course open in 3 directions.

Then there are the other licences which some posters today seem to be valuing at nil value. That is a mistake.

So all is good at GGP as most knowledgeable posters look forward to a further great update next Wednesday evening.

Meanwhile, as CRex waits for all the official announcements, Byrnecut have advanced another 154 metres this month. Progress at pace.

https://www.byrnecutmining.com/projects/oceania/australia/havieron/

Great reminder, thanks Bamps. Do we know whether the two Ernest Giles Exploration Licence applications for Mount Smith (E38/3612) and Welstead Hill (E38/3613), which cover a total area of 1,070 sq km, have been approved yet (RNS 30 March 2021). I don't recall seeing it.