Member Info for Leosayer

Why Guess the locations?
Just re-watch the Bushrange Conceptual Open Pit Study: https://www.youtube.com/watch?v=AEIwR_0S7SE
They're all on the phase 2 exploded diagram from the presentation at 8min 45secs , then 10m 42secs on it gets interesting, only caveat is we don't know the order they are drilling them in!? But, based on the Rns reporting of drilling from the same pad we can deduce they are the double drill points on the same pads from the exploded diagram at 10:45 plan eg: Holes BRD 21-007 & 009 then BRD 21-008 & 010 are 100meter distance " Drilling of hole BRDD-21-007 is continuing from adjoining pad about 100m distant"
We really just have to sit back and wait...
DYOR

Phase 2 drill location map was an unexpected surprise!

;)
Distance to Sydney
209.14 km
Elevation Gain
2,595 m
Elevation Loss
3,730 m

L ...3.375 ;)

I cannot believe i'm topping up at less than 3.4 p!

Colin Bird, please confirm a few things asap please:

- Renewal of Exploration License El5574 was due to expire 4th June 2021, has this been renewed?
- Contractually engage our chosen drilling company and additional geologists & Contracting the hire of two drill rigs for drilling programmes for no later than July 2021 start?
- New South Wales State approvals for drilling pad positions?

Kind regards,
Leo

Evening all,
I've been working away for the last 2 months so have not looked at this bb.
One thing to consider: the plan to Open pit mine BR is an exercise in buying time to explore the "District" fully to expand the resource to it's full potential. 2mt is very a low target based on results so far IMO and that is not including Footrot, Daisybank, White Springs etc .... remember "District"
See below A versus B the keyword here is "prior"

a) If a deposit of greater than 2M tons of contained CuEq (i.e. 450Mt @ 0.45% CuEq) is ultimately identified. AA
may buy-back 80% of the deposit at fair market value as determined by an independent expert in accordance
with the JORC and Valmin Code. Parties are to then pro-rata fund to maintain 80/20 or ProspectOre may dilute
which ultimately ends with ProspectOre retaining a 0.75% NSR

b) If a “Decision to Mine” is taken by ProspectOre prior to the identification of a 2M ton contained CuEq resource,
AA also have an opportunity to exercise the buy-back

An open pit mine in this location has one of the lowest Capex's possible assuming all permits are granted.
The resource has been extended beyond what I thought possible given all historic data I have collected and filed away under "Open in November 2021"

Dyor.

Joeman;
KPZ received their shares Jan 2020 https://www.lse.co.uk/rns/XTR/issue-of-equity-mdy48bsx18iu2r9.html

Newmont had an 18 month option to evaluate Bushranger in 2014.
page 8&9 for ref: https://www.asx.com.au/asxpdf/20140929/pdf/42shwt5g3nc5g3.pdf

DYOR

Right at the end of that interview he referred for the first time to: Xtract Australia and Xtract UK
" Discussion Debate internally within Xtract Australia and Xtract UK "

Was he pertaining towards a future ASX listing...

DYOR

Phase one = 5032.05 meters drilled.
Original target of 4000m = AUS$ 1000000

https://xtractresources.com/wp-content/uploads/Bushranger-Summary-Presentation_April-2020.pdf

Highlight of the last few days for me: Colin's interview! it had some gems in it.
3d modelling, geophysics to get E-W extension with resistivity to 1500m including Footrot and the West.
"Little Porphries "ermmm" Indications are popping up"
"2 -3 months to learn DISTRICT potential"

DYOR

Great write up! thank you Iceberg

Mine just broke...

Cyber thank you! just a wee correction; hole 002 was 769m and 005 was 831m mineralisation making the average 818m

Brilliant Andrew: I remember CB saying something very similar to that just before we bought Bushranger.
CB also stands for Copper Bull....

Iceberg: Page 4 https://www.asx.com.au/asxpdf/20141113/pdf/42tq08hxqqwc3h.pdf

Ella: https://www.lse.co.uk/rns/XTR/geochemical-update-on-bushranger-project-urg5n9bt5k8o95d.html

"Mr Doug Menzies, Consulting Geologist and local expert in porphyry copper-gold deposits within the Lachlan Fold Belt said: "The extensive chalcopyrite-pyrrhotite mineralisation, potassic hydrothermal alteration, and associated geological features such as a transgressive phreatomagmatic breccia, suggest the Racecourse Prospect hosts a large fertile porphyry-related hydrothermal system."

Teip: Some historic drill data and reference material for you. Coordinates of which are in the library docs, enjoy.

Raced205 drilled 1998 by North Mining ltd then submitted in 2014 for Spectral analysis by Anglo American
Raced161 drilled 1997 by North Mining ltd then submitted in 2013 for Spectral analysis by Anglo American
BRC026 drilled 2004 by Straits Exploration then submitted in 2013 for Spectral analysis by Newmont
BRC025 drilled 2004 by Straits Exporation then submitted in 2014 for spectral analysis by...

Reference: https://resourcesandgeoscience.nsw.gov.au/miners-and-explorers/geoscience-information/services/drill-core-libraries/national-virtual-core-library
Reference: https://www.asx.com.au/asxpdf/20070809/pdf/313wk004jpnzsk.pdf
Reference: Page 69 onwards https://pubs.usgs.gov/sir/2010/5090/l/sir2010-5090-L.pdf (Note: Silver content)

DYOR GLA

Dibs, first clue was when he said "Very good" rather than the usual "fine" when Zak asked him how he was lol

Maybe... the half cores for Brdd-001 were sent to the lab in the week commencing 25th January, rough time frame mentioned was 6 weeks for results so...