Member Info for Mojolse

Great post Disruptor

Oriole CEO Tim Livesey, said: "We are delighted to see the start of drilling at the Faré prospect, in the north of the Senala licence. IAMGOLD has mobilised as quickly as possible, despite the restrictions imposed by the Covid-19 pandemic, and is now carrying out their planned 10,000 m AC drill programme which marks its third year of investment with Oriole.

"Prior to the signing of the JV earn in agreement by IAMGOLD, work at Faré had returned some very exciting intersects, including best intersections of 96.00 m grading 1.51 g/t Au and 7.00 m grading 86.39 g/t Au.

"The footprint of gold anomalism extends in excess of six kilometres ('km') in the main trend, with several potential additional offsets of mineralisation identified by previous soil sampling programmes.

Just some info on UFO Ironore project , that from RNS.

Table 1. Exploration Target estimates for the Brockman Iron and Han**** Ranges projects


Project Prospect Grade Range Low case High case
Tonnes (Mt) Tonnes (Mt)
Brockman Iron BHP20 50-63% Fe 7 33
------------------ ------------- ------------- -------------
Brockman Iron BHP15 50-65% Fe 60 200
------------------ ------------- ------------- -------------
Han**** Ranges Sirius Extension 56-63% Fe 5 15
------------------ ------------- ------------- -------------
TOTAL 74 245
------------- -------------

Note: exploration data utilised in the model for the Exploration Targets included geological mapping, drill hole data, surface and rock-chip sampling, iron ore assay data from drilling and rock-chip sampling, and adjacent drilling and mapping of the mineralised iron ore formations.

Due to lack of drilling data (primarily at BHP 20 and BHP 19), there is currently insufficient information to allow for a resource estimate in accordance with the JORC Code (2012) guidelines. Management is currently working with the Company's geological consultants regarding next-stage exploration, leading into maiden drilling programmes.

Grade Range

The iron ore grade ranges are based on the minimum and maximum assayed grades from previous drilling and sampling programmes at the Brockman Iron and Han**** Ranges projects.

Tonnage Range

A specific gravity (SG) of three was used to calculate the tonnage ranges and are based on SG's used by neighbouring producers/developers within the Hammersley province, including Brockman Mining at their Sirius Project.

Finalisation of field programmes are being done with planning to get a team into the field as soon as possible.

Where the Company refers to previous Exploration Results it confirms that it is not aware of any new information or data that materially effects the information included in previous announcements and all material assumptions and technical parameters disclosed in those announcements continue to apply and have not materially changed

Low case 74
High case 245

However that case can double once drilling starts and a jorc compliant resource can be completed. We are surrounded by BHP ,RIO and Fortescue.

JV discussions on going.

https://www.goldmoney.com/research/goldmoney-insights/china-is-killing-the-dollar

We won't need it to see the market cap here above 500M or more. The quality of the assets post drill and the quality of the JV's will see to it.

Presentation . Theses guys are going place. Professional outfit. The presentation is on there copper project close to Donovan2. See how they are going to develop it.

Cosamin 3D model

https://youtu.be/P_X77a8fN28

On the contrary, this week was a very important closing of a consolidation period and it has created a technical element that will see the market cap rerate next week. There has been huge buying behind the scenes and I'm so excited and the more I research and try to put my thoughts into Bills & the teams strategy , it springs to mind that the value of UFO at present is remarkably well below fair value. Based on assets , fundamentals and the value of thoses assets based on quantity , continuity , grade and location we should be above £100M cap.

Quick turn around, JV business model. Large projects , high grade in save mining durestrictions.

UFO has the potential to be inexcess of a billion pound company .

https://youtu.be/WyfDw1Nirns

https://twitter.com/Mojo98997270/status/1307033063495524353?s=19

Someone dumped a big holding

Monday

For UFO bodes well for next week.

5 drilling campaigns to look forward too in the coming months

1 x Copper gold JV
1 x possible iron ore JV
1 x possible silver JV

1 x possible new project

Welcome onboard. We seem to be lucky with no trolls on the board here. I guess the assets are that exceptional, even the trolls stay away.

Anyhow your very welcome onboard.

20M cap here and so much news to come

Dressed as sells

Well Alba now 20M cap

Well done Turbo. Anything under 1p is amazing

In and paying nearly. 75

Were moving back up

Are we close to breaking away

People are very quick to talk without fully understanding the reasons why we are here and why lots of companies are in the same position.

Im going to take POW as an example as it was mentioned on here and that is no disrespect to POW.

POW was originally Sula Iron and Gold run by Nick Warrel. At the time it was a struggle to raise cash , then came along Roger Murphy , changed the name to African Battery metals but also struggled.

Now PJ comes along and turns the whole ship around . The reason being PMs are in a bull run and it's easy to access money and the same with BZT. Unloved assets picked up from private companies and listed entities raising cash to develop them or JV them.

Same with UFO on Elizabeth Hill, what we are seeing is a rebirth of the junior mining sector and yes some CEO,s can be blamed for poor choices and using entities as lifestyle companies but not all.

Research, Research , Research