Member Info for mickey1122

17m£ I mean really lol , just a hint from the Faré prospect and this has to jump to an mc of 100m£.

No laugh Zoros lol seriously is the 33p 4.2oz or 12.5oz ?

Morning Mr P ,next week should be fun .

Picked up a ton of these last week and excited about Senegal etc news any time .

lol - this is ggp Enrico and for the LTHs we know this will ultimately be considerably higher by end of year . I agree it’s not a day to day story and I’m spending little time on this BB these days as the investment will take care of itself . TBH I’m a little pizzed off with the time it took for scally and Callum needs to sort out the lab situ so that doesn’t happen again , also the high hopes of some for the INITIAL results was out of order . So not getting caught up in hype for a while hopefully lol. Concentrating on my west African plays now .

Cont-
24m @ 0.65g/t Au from 9m including 6m @ 1.14g/t Au from 18m and 3m @ 1.55g/t Au from 30m

· 9m @ 1.13g/t Au from 39m including 3m @ 2.54g/t Au from 39m;
followed by 3m @ 8.56g/t Au from 57m

· 6m @ 0.61g/t Au from 9m;
followed by 3m @ 0.51g/t Au from 21m

· 8m @ 0.27g/t Au from 21m

These results are very encouraging, being the first drilling into a totally new project, and confirm the presence of significant gold mineralisation in the district.

Work in the Paimasa project area has consisted of geological mapping, rock chip sampling, trenching and soil sampling. Two vein swarms have been located approximately 1.5km apart and broadly along strike.

Trench sampling at the Mint prospect has returned numerous sheeted parallel narrow quartz and/or tourmaline veinlets between 1cm and 15cm wide with gold contents ranging from 0.1 to 35.7g/t Au. A 100kg bulk sample from one of the artisanal mining areas returned an average grade of 23.0g/t Au.

The proposed drilling program will concentrate on the southern prospect – Paimasa as this has a well-defined, intense concentration of artisanal workings and quartz veining supported by soil geochemical anomalism in a northwest trending orientation. An initial programme of 300m diamond and 1250m reverse circulation drilling is planned.

Moydow currently holds a 20% interest in Gurara, the joint venture company, which wholly owns the Paimasa Licence along with two other nearby projects, Dagma and Dext. Moydow can earn up to 65% of the joint venture company by meeting certain project expenditures by July 2023.

Commenting on the announcement, Mark Bolton, Managing Director of Panthera said:

“The commencement of drilling in Nigeria represents another important milestone as the Company continues to gain momentum after a prolonged hiatus in our field programmes.

Moydow has early mover status in Nigeria where very little systematic, modern exploration has been previously undertaken and it is exciting to be drilling in an area with no historical drilling recorded.”

Panthera Resources Plc (LON:PAT), the diversified gold exploration and development company with assets in West Africa and India, has announced that its associated company, Moydow Holdings Limited, has commenced drilling at its Paimasa Project in Nigeria through Moydow’s joint venture company Gurara Holdings Limited.

The Paimasa Project is located in central Nigeria, approximately 115km north-northwest of the capital city Abuja. A programme of 300m diamond and 1250m reverse circulation (RC) drilling is proposed.

Previous drilling by Moydow in nearby tenements at the Dagma prospect, approximately 45km to the north-northwest, resulted in the identification of significant gold mineralisation within quartz veins discovered by artisanal miners.

Highlights

· Extensive artisanal mining activity on several sub-parallel quartz veins

· Previous soil sampling has defined associated gold anomalies

· No previous drilling – strategic new frontier in West Africa

· Additional target at the Mint prospect approximately 1.5 km away along strike with similar veining – potential for large scale mineralised system

· Excellent infrastructure – only 115km from the capital city Abuja

· Strong local partner in PW Nigeria Mining Limited (PW Mining) with significant in-country infrastructure and logistics

Background

Moydow’s Nigerian projects are located within the Benin-Nigerian Shield (BNS) which is comprised of Archaean and Proterozoic basement rocks (migmatites and gneisses) that have been remobilized during the Pan-African orogeny 650-550 million years ago (Ma). Within this shield area, elongate zones of schist occur that are interpreted as metamorphosed volcanic-sedimentary belts that have been dated to about the time of the Pan-African event i.e. younger than 650Ma.

While these rocks are not generally as prolific a host for gold mineralisation as the Kenema-Man Shield that occurs to the west, separated by a major continental scale zone of thrusting and faulting, there is nevertheless significant artisanal gold mining activity throughout the sequence, particularly within the schist belts.

Recent exploration has resulted in the discovery of a significant gold deposit within the BNS – the Segilola Gold Deposit owned by TSX-V listed Thor Explorations Ltd. This deposit has published Indicated and Inferred resources of 3.75Mt @ 5.24g/t Au (632,000oz), and is hosted within the Ilesha Schist Belt of the BNS.

Moydow currently holds two main projects, both hosted within schist belts in the BNS. To date, Moydow has focussed on the northern block (Dagma), approximately 45km to the north-northeast of Paimasa, and has conducted geological mapping, soil sampling, trenching and drilling. Results from the initial 8 drill-hole shallow drilling programme at the Dagma project have confirmed the presence of multiple sub-parallel zones of gold in quartz veining identified by artisanal miners, with best results including:

https://*************.net/panthera-resources-moydow-commences-drilling-at-its-paimasa-project-in-nigeria

ESSENTIAL LISTEN

https://twitter.com/StockBoxMedia/status/1333784263892692992

Especially last 20 mins but all to get it .

This should work better

https://twitter.com/pantheraplc/status/1339108080290697216?s=21

https://twitter.com/pantheraplc/status/1339107859120865282?s=21

Panthera Resources PLC (LON:PAT) said it expects to see the results from exploration at a number of projects in the coming months.

Mark Bolton, managing director, said: “We have soil sampling and geophysical programmes underway at Bido and Bassala, to rank drill targets ahead of drilling programmes at each licence in H1 2021.

“At Paimasa, the drill rods are already turning, and we eagerly await these results in the New Year.

“Our most advanced project, Labola, a comprehensive data review is underway, which is anticipated to underpin the reporting of a maiden mineral resource estimate in 2021.”

Panthera undertook a major restructuring earlier in the year that saw its interests in the Labola and Kalaka gold projects, in Burkina Faso and Mali respectively, spun out into Moydow Holdings.

A gain from that transaction helped Panthera post a net profit of US$2.232mln in the six months to end September, 2020, although at the pre-tax level there was a loss of €561,000 (US$658,000).

Panthera now owns 41.7% in Moydow which increases to 46.2% later in December upon completion of the Kalaka divestment.

This also provides ongoing participation in any success from the projects held by Moydow in Nigeria, including Dagma and Paimasa, Panthera noted.

“The year to date has represented a transformational phase for the Company which has culminated in a milestone transaction with Moydow to spin-out key projects and introduce new assets,” said Bolton.

“Importantly, we have reignited our work programmes focused on developing the inherent value of our West African assets.”

I remember these days well at ggp , i was outnumbered by these trolls. Better start here lol

Absolutely Troj!

https://twitter.com/marketofstocks/status/1352684643338891265?s=21

Thx Prof .

Thanks for confirming a life changing 1.65 is a possibility in this quarter . Going to enjoy the ride now as 50% of 1.5m oz is a tiny element of all the components involved in PAT . We have some year ahead here , potential is truly staggering and when Bhukia comes through it will crown this wonderful investment . We are in perfect hands in Mark & Tony .

RNS Next week for sure imo

So much appreciated Prof.

https://twitter.com/stockonomist/status/1352551686787756032?s=21

So whatever take we have all we have to do is hold for the labola resource and as long as golds above 1700$ it’s a fantastic multi bag in this quarter not to mention Bhukia ( top ten in world mine in Rajasthan ) and six other all “company making “ plays mainly in west Africa . Mega excited