Member Info for Mineralholder

Only from 17th September:

O'Dea touts his Pure Gold Mining (TSX-V: PGM, LSE: PUR) on its development schedule. The Ontario mine is located in Red Lake and expected to produce 80,000 gold ounces a year. Mine life is estimated at 12 years at an all-in-sustaining cost of US$787.
"Pure Gold Mining is the only new mine scheduled to come on stream in North America in 2020. I'd wager that North America is not going to see another new gold mine come online until about 2022," said O'Dea.
https://www.kitco.com/news/2020-09-17/-The-acquisition-wave-is-coming-Mark-O-Dea.html

The PureGold Mine ore body is an exceptional foundation on which to build a gold mining company. With Probable Mineral Reserves of 3.5 Mt at 9.0 g/t containing 1.0 million ounces of gold included in a Mineral Resource of 7,196,000 Indicated tonnes grading 8.9 g/t gold for 2,063,000 ounces of gold and 1,880,000 Inferred tonnes grading 7.7 g/t gold for 467,000 ounces of gold, the PureGold Red Lake Mine is the highest grade development stage gold deposit in Canada today, and will be in the top 8 percentile globally when in production.1,2
https://puregoldmining.ca/our-projects/puregold-red-lake-mine

Yes, a relative lack of news recently after a period of regular news updates. But, with patience, consider the asset that has been confirmed to date and the studies completed indicating feasibility.

Good luck all. MH

Thank you Paddy again!

Would be interesting to hear GH elaborate on how exactly "Greatland’s regional exploration efforts benefiting from relationship with Newcrest" as laid out on page 5 of the presentation. Sounds very promising - Quack Quack Quack!

MH

Total expenditure on the Hav license updated to: $66,380,914.00!
https://emits.dmp.wa.gov.au/emits/enquiry/home2.xhtml

How is the Farm in funding being worked?

MH

Evening all,

Looking forward to what tonight has in store from NCM! Checking in.

MH

First gold pour still only a couple of months away for Q4 this year?

Hi Floater,

The other night was not the NCM AGM - that is in November.

MH

*USD 1850/oz through 2021

The recent upgrades to the expected average yearly gold price should not go unnoticed - these upgradeed forecasts will effect both GGP's and NCM's bottom lines. Currently UBS have raised their forecast for 2020 to USD 1850/oz - if things keep going the way they are I would not be surprised to see it continuing to rise in the next few years. Ducks?

https://www.afr.com/markets/commodities/rare-earnings-bright-spot-with-gold-at-us2000-in-sight-20200728-p55g26

MH

Very interesting part about 3/4 of the way through by GH when referring to the state of institutional money and how it might regard Greatland Gold. Will let you listen from 6:03 onward.

https://www.proactiveinvestors.co.uk/companies/news/924889/greatland-gold-s-gervaise-heddle-hails--tremendous-step-out-success--at-havieron-924889.html

Another fantastic set of results, and it still feels like early days!

MH

Well that makes 9 for 9! Great to see mineralisation extended, continuity of high grade areas and the discovery of high grade breccia within the main horseshoe, and the updated graphics!
We know they've been hitting the north west hard - lots of those drill further to north west and Lake Havieron spotted by Paddy not yet reported if i'm not mistaken. Looking forward to the RNS in the morning and GH interview. Well done all and good night!

MH

Thought on the eve of the greatly anticipated results this evening I would repost this for all to help build general knowldge:

September 2016 Discussion on excitement at having stake in Paterson Region and acquisition of Havieron and history https://www.youtube.com/watch?v=YQ6wBn6uldo

January 2017 Discussion of business environment in Australia, brief mention of potential spotted at Havieron – Mcap was only £3million at this point! https://www.youtube.com/watch?v=yxb995LOzfQ

February 2018 Discussion of drill programme at Havieron https://www.youtube.com/watch?v=MkhOFMb9xao

June 2018 Results from first hole at Havieron https://www.youtube.com/watch?v=ML4RSvYeETs

November 2018 “world class intersections at Havieron” https://www.youtube.com/watch?v=8-A6fFYW5Cg&t=5s

March 2019 Farm-In signing https://www.youtube.com/watch?v=agy1J44JPYU

March 2019 Strategy https://www.youtube.com/watch?v=RVQ0R3gHjmY

July 2019 First Newcrest results https://www.youtube.com/watch?v=oXYYGANWXs0

July 2019 Identification of targets at Paterson Range East (PRE) https://www.youtube.com/watch?v=hvKZ4tfXu4E

September 2019 Second Newcrest results https://www.youtube.com/watch?v=yQeAajJOQxc

October 2019 Third Newcrest results https://www.youtube.com/watch?v=tcSOYQQ019k

October 2019 Outlining new targets at Scallywag in Paterson region https://www.youtube.com/watch?v=1tzBQu7U0rE

November 2019 New Targets at nearby Paterson Range East (PRE) https://www.youtube.com/watch?v=Mlr26pyeQLs

December 2019 No video but: “significant geochemical response” at the Goliath target in PRE
https://www.proactiveinvestors.co.uk/companies/news/908834/greatland-gold-unveils-positive-geochemical-survey-results-from-paterson-range-east-908834.html

December 2019 Fourth Newcrest results https://www.youtube.com/watch?v=sM-O0VvTRus&t=5s

January 2020 Fifth Newcrest Results https://www.youtube.com/watch?v=WitcQILs_Ec

March 2020 Sixth Newcrest Results and ‘Some of the best results ever seen’ https://www.youtube.com/watch?v=018d1gFWNTg

April 2020 Seventh Newcrest Results
https://www.proactiveinvestors.co.uk/companies/news/918470/greatland-gold-newcrest-has--big-plans-at-havieron--as-more-impressive-drill-results-are-reported-918470.html

May 2020 Interview with CEO on the potential low capital costs and the fantastic gold grades that make Haverion so exciting
https://www.youtube.com/watch?v=NLBEf9ij-aU

June 2020 Eighth Newcrest Results: huge successful step-out and best intercept to date at Havieron
https://www.youtube.com/watch?v=w0CXUkQXyWE

Roll on tonight

MH

Banks predicting Gold to hit $2000 imminently - as we like to say here: Ducks Ducks Ducks

MH

Some news from RIO out of its WINU copper project. Aiming to bring the project into production in 2023. Almost like there's a mining arms race kicking off in Western Oz!

https://www.theaustralian.com.au/business/mining-energy/rio-tinto-files-environmental-approval-request-for-winu-copper-mine-in-wa/news-story/2d7862f5e2b5c7390c5d7b09ce837551

Good luck all, roll on the Quarterly.

MH

Thanks Paddy.

As we know now, they need to up the amount they have stated for our Cash Balance by nearly 4 million!

MH

Hi The_Chain,

Broker Notes aren't likely to be updated so frequently i'm afraid - they might have material information to suggest they could but it's more likely they will wait for the end of quarter results to be produced. What's the point in having a respectable target that changes every 6 weeks. More solid info to build a better picture is needed and it will come in time, they've set out what the catalyst will be: the MRE. That as well as the start of the decline and findings of the studies will all also help.

Good luck all, great RNS today.

MH

Quite a nice graph here by Zerohedge showing the industry average Gold AISC for 2019. Shows nicely how Newcrest is close to the (5th?) lowest of majors? GH and CB's decision to choose Newcrest for the economics offered by Telfer and the company's efficient mining practices and relevant expertise show you how wise they were to take the deal they did resulting in the Farm In. Roll on the next results, studies and MRE!

https://twitter.com/zerohedge/status/1276543516320161793

Good weekend all

MH

Has anyone had any thoughts on the time it will take to graduate from the first to the second?
Concept/Scoping (CS) studies are apparently accurate to within 40–50%, while Pre-Feasability (PFS) has an apparent accuracy within 20-30%.
I wonder if the MRE will come out before/after the CS and if it will likely be upgraded once/several times by the time the PFS is produced. Then, how many times will it be upgraded before the final Feasability Study with an apparent accuracy to within 10-15% - would this be produced after the next 80km of drilling or will the drilling just go on around the studies until they think they have enough info to produce the study and just keep building their economic model thereafter with subsequent drilling?
Something to ponder.
Very much looking forward to them sinking the decline again having re-listened to GH in his LSE interview.

https://www.youtube.com/watch?v=NLBEf9ij-aU&t=389s

Good luck all.

MH

Steven, this is likely the same way FTSE 100 companies also feature in the FTSE All Share - i.e. on both at the same time as you still belong to your relative index (AIM/FTSE).

MH

Hi B1ll - I too was struggling to see it earlier, but finally i've been able to see it on the HL website - to make it easier here is a link to the HL FTSE AIM 100: TOP 20 BY VOLUME of which Greatland Gold is in the Number 1 spot today.

https://www.hl.co.uk/shares/stock-market-summary/ftse-aim-100/top-volume

Hope this helps.

MH

Surprised no one has mentioned the Gold Price today - $1770!

Good luck all

MH