Member Info for Leosayer

Prickly, this one https://www.youtube.com/watch?v=iWwCu3DnatU

Colin, don't be so emotional when called out!!

Great! that we have a 1.1mt inferred and indicated resource that has a nice accessible shallow pit-able aspect to it and dare i say may join up with deeper Ascot gold rich mineralisation (block cave-able) but lets not ignore the stated sales talk from last year.

You sold it as 2 Million Tonnes, with later after the fundraisings, a subtle hint to DTM as concurrrent
'The Purpose of phase 2 is to address that 2mt of contained copper' ... 'That magical 2mt of contained copper that triggers the Anglo option' ... 'It's not in the requirement ( Footrot ) to get to the 2mt, that's Racecourse itself'

https://www.share-talk.com/colin-bird-executive-chairman-of-xtract-resources-xtr-l-interview-2/

https://www.lse.co.uk/rns/XTR/placing-to-fund-bushranger-phase-2-drilling-w8dwibnfu9za0ii.html

RNS 19th April 2021:
Highlights

· Placing to raise £5,500,000 (before expenses)

· Contracting 2 drill rigs for an accelerated six-month, 20,000 metre drilling programme at Bushranger

· Planned recruitment of a quality exploration team and site expansion at Bushranger

· Objective of drilling is a potential 2 million tonne copper target

“This fund raise has been implemented on the back the excellent results of the Phase One drilling programme at Bushranger. The Company’s intent is to accelerate exploration activities with an objective to target the 2 million tonnes of contained copper resource necessary to trigger a major company 80% buyout option.

I'm still fully invested here so do you're best but cut the BS! Please.
LS
DYOR

'update from First Quantum looks very promising indeed, though still very early days.' have you got a link for that update?

First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) will release third quarter 2022 financial and operating results on Tuesday, October 25, 2022 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, October 26, 2022 at 9:00 am (EDT).

Versus

· The latest quarterly report from joint venture partner First Quantum Minerals demonstrates very positive results including confirmation of copper mineralisation in drill testing of three new targets

Empress Royalties version: https://empressroyalty.com/site/assets/files/6280/emprnr2022-07_manicafirstgoldpour.pdf

It's worth watching CB and his presentation from last October again https://youtu.be/iWwCu3DnatU

https://www.thesunday roast.net/podcast/episode/5156f021/s4-ep41-midweek-takeaway-with-colin-bird-executive-chairman-of-xtract-resources-aimxtr

Remove the spaces

The announcement of an 11-kilometre toll-free tunnel from Blackheath to Little Hartley along the Great Western highway... This is just another cherry on top of the resource
HighwayThe https://www.oberonreview.com.au/story/7742708/blue-mountains-tunnel-plan-is-long-overdue-says-local-transport-stalwart/?cs=1495

17:43 late trade of 2,100,000 £134.40k hmmmm?

Shaun Day 33:50 "10-12 week waiting time on Assay results" ...

...
Phil "As time goes on, are you more and more convinced you have a world class Tier 1 on your hands?"
Colin: "Absolutely Phil, Absolutely" "Mid Feb- Mid March, Geophysics on the Rc/Ascot gap"
"We have to have enough drill holes in Ascot to get another inferred resource"
"May-June" (End of April previously)

DYOR

Oh, forgot to add a new Moly circuit has been installed at Cadia recently

Awaiting the Metallurgical reagent test results for the Moly and Silver... Colin mentioned they are testing samples in Australia in the Bzt interview yesterday which was odd as bzt have no connection to OZ but mentioned them in the Zak interview on Ascot.

Board of directors tree shake:
"Non-Executive Directors
The Board is in the process of adopting guidelines for the appointment of Non-Executive Directors, which will be in place
during the 4th quarter of 2021. The guidelines will provide for the orderly succession and rotation of the Chairman and
Non- Executive directors insofar as both the Chairman and non-executive directors will be appointed for an initial term of
three years and may, at the Board’s discretion believing it to be in the best interests of the Company, be appointed for
subsequent terms. The Chairman may serve as a Non-Executive Director before commencing a first term as Chairman."

Page 39 corporate governance https://xtractresources.com/wp-content/uploads/Xtract-Resources-AR2020-Final-website.pdf

Lucky520: Amen to that! Copper district has a rather nice ring to it don't you think...

Fast forward to 24m 30... https://www.youtube.com/watch?v=E-8FYpusTYg

In reference to the Tier 1 comment, have a read through of this from may 2016...

https://www.miningnews.net/resourcestocks/news/1249576/mining%E2%80%99-tougher-tier-test

Happy Birthday Mr Bird

Out riding my bike on my regular route today and decided to stop at a bench i'd ridden past a hundred times in the last 12 years, looked to my right and lo and behold a sign buried in the undergrowth saying there was an ancient Copper, Gold and Silver mine!! I kid you not, 80 meter long dog leg tunnel straight into the mountain! Wheres my pick axe?

Xeiger,
Not the whole pit perse, but the Eastern and Western Flanks of the known "porphyry intrusion".
Eg: In 2d you'd be drilling across a circle from say 11:00 to 17:00 towards the East-North East at -80 degrees giving a Cigar, onion, avacado diameter for holes BRD 009 of 548m with 236m Visible Mineralisation on the Western Side (11:00) and 132 Eastern side (17:00) & BRD 010 drilled through 617m with 356m Visible Mineralisation on the Western Side and 168m Eastern side.
"focussing primarily on further definition of the potentially open-pittable, higher-grade copper-gold zone in the central part of the resource area"
Hope that helps make a bit more sense of the current drilling v visualisation...