Member Info for mac4671

"EVs contain about 4x the amount of copper as a combustion vehicle (183lbs vs 48lbs), to say nothing of the need for modernization of the electric grid or charging stations. EV batteries contain large amounts of nickel, cobalt, and lithium."

https://www.zerohedge.com/technology/american-push-evs-could-set-stage-full-cycle-outperformance-copper-producers

GLA

"Geological study, including prospecting and evaluation of deposits of complex precious metal ores (platinum, palladium, gold, copper, nickel) at the subsoil site of the Flangi Monchetundra deposit of complex precious metal ores (platinum, palladium, gold, copper, nickel) in the Murmansk region."

"Geophysical surveys of wells at TPI - 47.69, thousand meters Year of works: 2023
Hydrogeological works - 9/9, borehole / pumping. Year of works: 2024
Cameral work - Yes. Year of works: 2024
Laboratory work - Yes. Year of works: 2024
Sample processing - 16288, sample. Year of works: 2023
Sampling of rocks and minerals - 14968, sample. Year of works: 2023
Drilling works of various categories of wells (TPI) - prospecting and appraisal - 82/24625, well / m. Year of works: 2023
Works using magnetic prospecting methods - areal - 1, sq. Km. Year of works: 2023
Works using electrical exploration methods - areal - 1, sq. Km. Year of works: 2023
Topogeodetic works - Yes. Year of works: 2023"

https://rfgf.ru/ReestrGinPage/-45203

GLA

"Conclusions and recommendations:
• as a result of the completed enlarged geological and economic assessment of platinum-metal objects of the Monchegorsk ore region, it can be argued that in modern conditions, the Vuruchuayvench deposit (with the Plast "330", Yuzhnosopchinsky, Arvarench sites), as well as the tubing ore occurrence and the site Loipishnyun in the general GOK can be worked out highly profitably and are of commercial interest; • the facilities include the Plast section "330" with simplified access to the ore, as well as enriched with platinum group metals section Vuruchuayvench (S [Pt + Pd] ˜ 3.29 g / t, in
including Pd ˜ 2.9 g / t), which allows us to expect fast payback of capital investments; • it is recommended to carry out additional exploration of the deep horizons of the Vuruchuaivench deposit with the calculation of reserves; • assess the condition of the exploration well, which was passed to the Sopchi vein massif below Plast "330", as well as the possibility of selective mining of this vein massif using modern tunneling and small-sized equipment; • carry out a separate feasibility study of conditions for ore occurrence Nittis-Kumuzhya-Travyanaya; • based on additional data from the exploration of the listed objects, taking into account new information on the Poaz ore occurrence to develop TPP for long-term development of Monchegorsk ore region."

http://www.tsnigri.ru/magazine/RM/2021/2021_1_min.pdf

Koka kola's and treasure all round!

GLA

All officially registered with the Russian Government.

For current potential Rosgeo JV marked areas, we currently have -

1: Vuruchuayvench, Arvarench plot - https://efgi.ru/object/3117078
2: Vuruchuayvench, Plast "330" area - https://efgi.ru/object/3117080
3: Vuruchuayvench, Vuruchuayvench plot - https://efgi.ru/object/3117079
4: Yuzhnosopchinsky - https://rfgf.ru/gkm/itemview.php?id=38851
5: Nyud-Moroshkovoye - https://rfgf.ru/gkm/itemview.php?id=53232
6: NKT (Nittis-Kumuzhia-Herbal) - The rest of it that we didn't get in the flanks app - https://rfgf.ru/gkm/itemview.php?id=53121
7: Poaz: Richard managed to find that, i've not come across it myself digging around on there - https://twitter.com/RichardDugdale3/status/1410555717984137223?s=20

It takes quite a bit of digging through their systems to find the relevant parts tbh. The other 2 could possibly be Pentlandite creek and possibly something to account for the green area south of Poaz on Richards provided overlay map.

Original open pit MT map marks -

Loipishnun -

https://rfgf.ru/gkm/itemview.php?id=44819

West Nittis marked -

https://rfgf.ru/gkm/itemview.php?id=44814

GLA

Rhodium through the entire Monchegorsk Complex -

"6.4.6 Positive Rh anomaly
One of the key questions regarding PGE mineralisation in the Monchegorsk Complex is the origin of the positive Rh anomaly in the primitive mantle-normalised PGE patterns (Fig. 49) as most large layered intrusions, such as the Bushveld Complex or the Great Dyke, do not show this distinctive feature"

"The only other intrusion that features such an anomaly is the Muskox Intrusion in Canada (Barnes & Francis 1995)."

RHODIUM in the whole complex -

"In contrast, Grokhovskaya et al. (2003) reported that hollingworthite ((Rh,Pt,Pd)AsS), as they main host for Rh, was present throughout the complex, which may indicate that the parental magma may have been unusually rich in Rh."

Sample lists start at page 297 and 'Whole rock geochemical analyses' starts on page 349 -

https://orca-mwe.cf.ac.uk/108748/1/2017karykowskibtphd.pdf

Feet up and extremely relaxed, sipping on nice chilled koka kola with Rhodium sprinkles, aaaaaarrrrrrrrrrrggggggghhhhhhhhh

GLA

The third party link that relates to that recent FS which increased Resource figures -

"After the completion of all work, both the main resources - platinum group metals and associated components - nickel, copper and gold will be accurately calculated. The end of the research is scheduled for December this year."

"K. Firstov, head of North-West PGO, explained that as a result of research work at Poaz, the uniqueness of the deposit was confirmed, according to preliminary calculations, the deposits of platinum and palladium are about 336 tons (category P2), which is much higher than the initial forecasts."

https://www.vnedra.ru/novosti/rosgeologiej-okoncheny-burovye-raboty-po-obnaruzheniyu-metallov-platinovoj-gruppy-na-territorii-murmanskoj-oblasti-10745/

It looks like they've managed to find an expansion of it, good work tbh -

https://twitter.com/GMF782/status/1397585365653917701?s=20

All leading to -

"The Additional Assets have a total of 104.6 Moz Platinum equivalent resources as at 31.12.2020 (source: Russian Feasibility Study ("FS"), TsNIGRI, Russian State Cadastre of Mines) according to the Russian standards and are comprised of:"

https://www.lse.co.uk/rns/EUA/binding-agreement-signed-with-rosgeo-664vj174ti35e5h.html

And then the Tsnigri bomb was dropped -

"Development potential and investment attractiveness of PGM deposits (Monchegorsky ore district) are discussed. By the late 2020, the reserves of these deposits were approved based on results of a feasibility study review assessment in the State Reserve Commission and TsNIGRI approval. In current mineral market conditions (including high Pd price), the most attractive development projects are Vuruchuaivench deposit comprising 4 areas (Plast 300, Vuruchuaivench, Yuzhnosopchinsky and Arvarench), NittisKumuzhya-Travyanaya occurrence and Loipishnyun area. In terms of reserves, ore grades and proximity to processing plants, these potential mining projects are less expensive if developed concurrently. The paper presents recommendations for PGM deposit opening, development and mining using advanced mining equipment in open-pit and underground mining operations, ore conveying and processing plant tailings disposal to infill underground workings. Economic estimates were made supporting development viability of the above deposits within Monchegorsky ore district."

http://www.tsnigri.ru/magazine/RM/2021/2021_1_min.pdf

Koka kola and aaarrrrrrrrrrrgggggggghhhhhhhh's all round!

GLA

For. . . "prioritized mineral centers of economic development". . . . . . Kola

NKT and NYUD from some years ago. They've been exploring the area for years now tbh -

"Department performance for 2014-2018

Feasibility studies and scoping prefeasibility studies were completed for development, geological study and mining operations at the following deposits:

NKT and NYUD PGM occurrences, Monchegorsk ore district, Murmansk region, JSC Severo-Zapadnoye PGA.

Federal contract execution

Federal contract “Work on investment projects of prospective precious metal and other nonfuel mineral deposit geological study within the prioritized mineral centers of economic development”."

A dead cert for a very long time to be fair ; )

http://www.tsnigri.ru/en/otdel-geologo-ekonomicheskoj-otsenki-mestorozhdenij.html

GLA

Here comes mac with the fact drop attack . . . . .

GLA

"a crucial metal in the Green Energy Revolution" -

https://moneyweek.com/investments/commodities/industrial-metals/603682/investing-in-nickel

GLA

Plenty of options for near term news to drop at any stage -

* Asset sale details

* More Rosgeo JV asset additions

* West Kytlym 3rd wash plant arriving

* NYUD JORC and shift to 100% ownership

* "in April 2021 we submitted a detailed exploration project for the flanks area to develop these prospects and bring further resources into the scope of the mine."

Feet up and very relaxed aaaaaarrrrrrggggggghhhhhhhh

Just a nice and easy waiting game for any true shareholder!

GLA

They show themselves as soon as you provide third party verified sources that they can't argue with. Just bin them, their game is transparent.

GLA

That's what it's all about, the critical ones needed for the green energy revolution!

"Russia and commodities is a super-cycle coming?"

https://www.whatinvestment.co.uk/russia-and-commodities-cyclical-recovery-2619545/

"Instead, this time, it will be the metals critical to the energy transition that will electrify the markets."

"Energy transition metals in the spotlight

The winners will be the industrial metals needed to electrify society - cobalt, lithium, copper, nickel, and aluminium, among others. The dizzying levels of additional metal that will feed the energy transition over the next 20 years – 360 million tonnes (Mt) of aluminium, 90 Mt of copper and 30 Mt of nickel under our AET-2 scenario – present obvious challenges for producers and consumers alike."

https://www.forbes.com/sites/woodmackenzie/2021/07/15/a-supercycle-like-no-other/?sh=3bc6afef25e9

Feet up and very relaxed, nice big chilled glass of koka kola in hand, arrrrrrrrrrrrggggghhhhhhhhhh

GLA

Bumble, i don't even bother engaging with them these days. Report and filter, zero reason to argue with anyone on here.

GLA

ACF is best for any newcomer imho. It's very conservative and so a good starting point and no one can be accused of ramping as it comes from a third party verified source -

https://twitter.com/ACFER01/status/1423290220896653323?s=20

Report and filter the ones who wish to disrupt the chat board, there is absolutely no reason to sit and argue with them all weekend when the report and filter options are available to all.

GLA

If someone wanted to rank them then the best way would be on area size. Resource average per km squared would ultimately lead to the larger areas potentially being worth more than the smaller ones. Each link has its own marked out area on satellite imagery, some you just have to select. NYUD, POAZ and Plast 330 would be the top 3. I presume they'll be the first 3 Eurasia grab as well, flip your coin as to what lands after NYUD between POAZ and Plast 330. I'm going for Plast 330 personally, it's just a guess.

GLA

Potential worth?. No, not doing any more digging CAW tbh, there is far more than enough info now readily available in the public domain to show anyone who wishes to know more about Eurasia Mining.
There are enough figures out there already circulating imho, look at the $100bn+ now being touted in various areas. The bit they're not valuing it the critical part, these resources are critical to the green industrial revolution, where revolutions are concerned you can often see some extremely high sale valuations land on the M&A front, i believe Eurasia's disposal of MT+Flanks is going to be one of those unusually high valued disposals, it has all the right ingredients for it to transpire.

Volche, it's potentially grabbed by Rosgeo and could come through another JV scenario at a later date. They have to feed the plan to the market in a gradual manner to keep it orderly. This was just a 2Moz Palladium eqv play to the market at one stage, now it's 15Moz for sale and access to millions more via the Rosgeo JV. If they dropped the Volche details on top of everything else, the market would have even less of an idea of what to do with Eurasia. Volche would potentially turn everything into a few hundred million ounces play, quite the change from the 2Moz days floating around as a mining tiddler.

GLA

"Geological study, including prospecting and evaluation of deposits of complex precious metal ores (platinum, palladium, gold, copper, nickel) at the subsoil site of the Flangi Monchetundra deposit of complex precious metal ores (platinum, palladium, gold, copper, nickel) in the Murmansk region."

"Geophysical surveys of wells at TPI - 47.69, thousand meters Year of works: 2023
Hydrogeological works - 9/9, borehole / pumping. Year of works: 2024
Cameral work - Yes. Year of works: 2024
Laboratory work - Yes. Year of works: 2024
Sample processing - 16288, sample. Year of works: 2023
Sampling of rocks and minerals - 14968, sample. Year of works: 2023
Drilling works of various categories of wells (TPI) - prospecting and appraisal - 82/24625, well / m. Year of works: 2023
Works using magnetic prospecting methods - areal - 1, sq. Km. Year of works: 2023
Works using electrical exploration methods - areal - 1, sq. Km. Year of works: 2023
Topogeodetic works - Yes. Year of works: 2023"

https://rfgf.ru/ReestrGinPage/-45203

GLA

"Conclusions and recommendations:
• as a result of the completed enlarged geological and economic assessment of platinum-metal objects of the Monchegorsk ore region, it can be argued that in modern conditions, the Vuruchuayvench deposit (with the Plast "330", Yuzhnosopchinsky, Arvarench sites), as well as the tubing ore occurrence and the site Loipishnyun in the general GOK can be worked out highly profitably and are of commercial interest; • the facilities include the Plast section "330" with simplified access to the ore, as well as enriched with platinum group metals section Vuruchuayvench (S [Pt + Pd] ˜ 3.29 g / t, in
including Pd ˜ 2.9 g / t), which allows us to expect fast payback of capital investments; • it is recommended to carry out additional exploration of the deep horizons of the Vuruchuaivench deposit with the calculation of reserves; • assess the condition of the exploration well, which was passed to the Sopchi vein massif below Plast "330", as well as the possibility of selective mining of this vein massif using modern tunneling and small-sized equipment; • carry out a separate feasibility study of conditions for ore occurrence Nittis-Kumuzhya-Travyanaya; • based on additional data from the exploration of the listed objects, taking into account new information on the Poaz ore occurrence to develop TPP for long-term development of Monchegorsk ore region."

http://www.tsnigri.ru/magazine/RM/2021/2021_1_min.pdf

Koka kola's and treasure all round!

GLA

All officially registered with the Russian Government.

For current potential Rosgeo JV marked areas, we currently have -

1: Vuruchuayvench, Arvarench plot - https://efgi.ru/object/3117078
2: Vuruchuayvench, Plast "330" area - https://efgi.ru/object/3117080
3: Vuruchuayvench, Vuruchuayvench plot - https://efgi.ru/object/3117079
4: Yuzhnosopchinsky - https://rfgf.ru/gkm/itemview.php?id=38851
5: Nyud-Moroshkovoye - https://rfgf.ru/gkm/itemview.php?id=53232
6: NKT (Nittis-Kumuzhia-Herbal) - The rest of it that we didn't get in the flanks app - https://rfgf.ru/gkm/itemview.php?id=53121
7: Poaz: Richard managed to find that, i've not come across it myself digging around on there - https://twitter.com/RichardDugdale3/status/1410555717984137223?s=20

It takes quite a bit of digging through their systems to find the relevant parts tbh. The other 2 could possibly be Pentlandite creek and possibly something to account for the green area south of Poaz on Richards provided overlay map.

Original open pit MT map marks -

Loipishnun -

https://rfgf.ru/gkm/itemview.php?id=44819

West Nittis marked -

https://rfgf.ru/gkm/itemview.php?id=44814

GLA

Rhodium through the entire Monchegorsk Complex -

"6.4.6 Positive Rh anomaly
One of the key questions regarding PGE mineralisation in the Monchegorsk Complex is the origin of the positive Rh anomaly in the primitive mantle-normalised PGE patterns (Fig. 49) as most large layered intrusions, such as the Bushveld Complex or the Great Dyke, do not show this distinctive feature"

"The only other intrusion that features such an anomaly is the Muskox Intrusion in Canada (Barnes & Francis 1995)."

RHODIUM in the whole complex -

"In contrast, Grokhovskaya et al. (2003) reported that hollingworthite ((Rh,Pt,Pd)AsS), as they main host for Rh, was present throughout the complex, which may indicate that the parental magma may have been unusually rich in Rh."

Sample lists start at page 297 and 'Whole rock geochemical analyses' starts on page 349 -

https://orca-mwe.cf.ac.uk/108748/1/2017karykowskibtphd.pdf

Feet up and extremely relaxed, sipping on nice chilled koka kola with Rhodium sprinkles, aaaaaarrrrrrrrrrrggggggghhhhhhhhh

GLA