Member Info for miker444

Paddy I do feel that something very definite or additional is going on as to the amount of time being taken, remember the podcast interview near the end where GH singled out FireTower and 'pulled' back from saying too much, I noticed it and so did other posters but GH appeared to have info that he wanted to divulge but couldn't.

I think he is taking time looking at an even bigger picture at FireTower to include the copper to the east and west or confirm the gold does indeed feature over 4km. We shall see, and hopefully soon.

atb

RNS was 14 weeks ago news has to be due at anyime now, 1m oz's is the target on known mineralisation but if it extends furher across the 4km strike length then may well be higher. I have just re - read the RNS and to the west and east of the gold mineralisation the % of copper is above 1% - 2% in many places ( and a high % of silver also ) and I am just wondering if GH wants to try and prove up the potential of an IOCG to make it more attractive and hence why it is takng so long to release news.

FireTower April RNS well worth another read.

Who cares how many trades it seems to be ticking up on them

Its a bit of both in that he is talking about Telfer and the whole region being possibly the lagest deposit on he planet but the point he is making is Havieron may well come under that same geology seeing as they are so close.

Its over a year ago and HAD001 has actually proved up the high grades that exist and whilst HAD002/3/4 are not as high they are still 5g/t+ in a lot of intersections so this does validate it somewhat anyway.

"Copper about to go on steroids" is the title of a report from Citigroup issued by Bloomberg, current copper price $6200 per metric tonne to go to $7/8000 by 2022 once the trade war is over, thats the gist of it but at least it is destined to go up and more importantly longer term stability.
It all helps.

Paddy just imagine the rivalry between Rio and Artemis and one losing out only for GGP to then state to the market we are open to offers on the Black Hills and Havieron License. The figures are known including the bonanza 137 g/t.

Genuinely will be a bidding war and without doubt Rio Tinto for me have the muscle to win, they will take no prisoners if it goes to a bidding war especialy if Artemis pip them to the post this time around.

Artemis statement apears to be all about Greatland on their map, its as if Greatland have commissioned it! The maps highlight our excellent grades on 2 separate maps, incredible advetising and it has to be the reason GH ha decided Black Hills being drilled next week! He want to prove this up asap, I wonder why :¬)

greenmile, if it is going to happen then Rio Tinto is the one for me also. A MarCap of £77 Bn and their license borders ours, in fact we sandwich them in from both sides.
They are set up already with the infrastructure, roads, transport, equipment, processing plant etc. They will be very interested in the copper grades recently announced.

Of all the interviews / podcasts GH has done and its quite a few I have never heard him speak in this manner before, he is usually very guarded, certainly since Newmont refusal, but it has a devil may care slant to it.

Very unusual for GH and I really do not think he would set himself up for a fall so soon after recent disappointments, something positive happening behind the scenes and Webbs yes definitely may see a lot of buying in the morning, I for one will be.

Hi Paddy agree that would have to be once a lot more proving up of all the licenses but it does show fantastic confidece from GH that he believes we now have something that may attract anyone of those options JV / Earn In / Buyout etc.

Yes Apple add a nought me thinks! Will be buyng more at 8am tomorrow, whilst I dont know what exactly but GH has just hinted he is up to something and smething big.

atb

Sounds like he is in talks, my guess Rio Tinto, read the last paragraph.

"Or perhaps letting someone buy out the Company "

96c). The company is also still working on its Ernest Giles project in the Yilgarn, where Heddle said the company was going to continue exploration at a number of targets, while it has also tentatively scheduled a drilling campaign at the Firetower project in Tasmania for the December quarter. Heddle said Greatland's strategy remained to buy cheap prospects, monetise and add value to them, with the view to either selling them, entering into joint ventures or earn-in agreements, or perhaps letting someone buy out the company altogether. "We are openminded as to how we'll monetise these things and you need to be …We've had some good success the past few weeks and I think we're attracting increasing interest, not just from investors, but from the industry and we'll just have to see where that process takes us," he said. https://www.mining-journal.com/gold-and-silver-news/news/1342616/greatland-approves-exploration-at-black-hills

MINING JOURNAL 17/7/18 Greatland approves exploration at Black Hills Greatland Gold (AIM:GGP) has approved a new exploration programme at its 100%-owned Black Hills licence, part of its Paterson project in Western Australia’s Paterson region. The exploration comes after the company discovered multiple gold nuggets at Black Hills, with the programme to start next week after it received drilling approvals from the WA government. Greatland CEO Gervaise Heddle told Mining Journal the company had weighed up various options for advancing exploration at Black Hills, but it had been tempting to "just bite the bullet and just start drilling", particularly with the visible gold at surface. Since the company acquired Black Hills in November last year, it has compiled historic data and established a team on the ground to collect rock chip samples. "We knew it was prospective for gold … so the team went out and in the first few days collected classic gold nuggets. It is free gold that they found at surface, so it was quite an extraordinary result really in this day and age in a place like Australia to go out and find visible gold at surface," he said. "What it means is that clearly there is a design of arguably very high-grade gold there at Saddle Reefs that is outcropping at surface and what we need to do now is to try to determine the extent of that — how long is the strike of that higher grade of gold, how deep will it go and so once we complete this current campaign, we'll then again announce what the next steps will be." The new exploration programme will include a three-dimensional induced polarisation (3DIP) survey covering a strike length of 1,200m over the high-grade gold mineralised zone recently identified at the Saddle Reefs prospect and the areas immediately to the north and south of that zone. Greatland said the 3DIP survey would help outline the orientation and depth of the gold mineralisation identified at surface and was expected to take around two weeks to complete. Besides Black Hills, Heddle said Greatland would also be continuing to focus on the adjacent 100%-owned Havieron project where it has also announced new drilling campaign after encouraging results from the first drill programme. The first drill hole last month highlighted the potential for a large mineralised system. Heddle said the results of 121m at 2.93 g/t gold and 0.23% copper from 497m, including 11.5m at 21.23g/t gold and 0.67% copper represented a "significant discovery of a high grade zone". "Obviously we knew there was copper and gold there, but this really changes the picture for us and I think it's safe to say this will now be the highest priority exploration project for us moving forward," he said. "It's attracting a lot of interest from investors and from people in the industry, so that's been great." The market certainly has appreciated Greatland's recent activities, with the company's share price up 97% in the past month to the current 1.48p (US1.96c). The company

Exactly wannabe, if you have held ukog shares over the past couple of years or so you would have pulled your hair out at the sheer volume of red tape and hold ups just getting planning permission to put up a bleeding fence around a proposed site!

Australia is heaven sent and the govt are very pro in to tapping in to their own natural resources and considering most of those resources are in barren desert inhospitable places then they can grant license after license without fear of upsetting the people.

atb

Its good news in that the Australian Department of Mines has given permission for the license allowing the drilling campaign to go ahead, imagine finding the surface nuggets and high grades and then not being granted permission by the Australian Regulatory bodies. That would be bad news so this is a positive / good news when you look at the bigger picture.

Tiburn, I too found it interesting that Antipa map also had Havieron and Black Hills marked up as deposits, seems to have been accepted as fact. Hopefully it will prove to be correct and just a question of how big the deposits but a great bit of free advertising nonetheless to get the names known amongst the big majors studying who the 'opposition' are and their whereabouts.

FireTower news must surely only be a week or 2 away at best.

due at any time, certainly FireTower and / or Black Hills

Agree Apple and with every gold nugget we find we seem to find an unused matchstick as well, check the photos, still more useful than lolly pop sticks!