Member Info for news

@Howezap -Guy.

In specifics, the para which you quote from me at news was in reply to STUWOO who said or implied that Greatland Gold DRILLED the cheese out [cheese is my term]. So, in terms of specific Question to Answer : That is FACTUALLY true and EVIDENCED. Why? It is well known that Greatland having 30% of the project was NOT and never ever would be the OPERATOR of the project so they were NOT allowed to do the drilling nor asked to by Newcrest.

I have just rechecked with Google Artificial Intelligence: " NEWCREST & GREATLAND JV: The Farm In Phase: In March 2019, Newcrest entered a 4 stage farm-in agreement with Greatland Gold for Havieron project. =UNDER THE TERMS, NEWCREST HAD TO FUND A TOTAL EXPENDITURE OF UP TO $65M TO EARN 70% OF THE PROJECT. During this phase, Newcrest =FUNDED= the =EXPLORATION & STUDIES= to bring the project to =PRE-FEASIBILITY STUDY."

Comment: So, in answer to STUWOOD who said GREATLAND DRILLED HAVIERON OUT, how can that be CORRECT once a JV has occurred and signed in Mar 2019 [Source: I have posted the link from Greatland Gold's site on its history and DATE wherein the PHASE 2 HAVIERON ASSAYS RESULTS CAME IN EARLY DEC 2018 and that ended Greatland's own drilling efforts [Phase 1 was 5 holes] and then it all went quiet and one morning the JV NEWS of Newcrest & GGP.

David Lenigas, Chairman of Riversgold on the ASX: " I wonder how @Oracle Power F O L K S will feel after they FIND OUT what the Northern Zone DEAL means for both ORCP & RGL. We have been PUTTING this together for a LONG TIME." -27 Sep 2025 [Operative word: We, as in ORCP & RGL. Folks mean holders or those at ORCP stock forums?].

"I'm excited as the Chairman of Riversgold who has been at the FOREFRONT of developing Northern Zone project, Kalgoorie, but I cant make any comment on the deal until the news is PUBLIC. FOR A NUMBER OF YEARS, NO ONE CARED about all the AMAZING gold DRILLING RESULTS we have been reporting. ORCP & RGL together. I think this is about to CHANGE in INVESTOR'S MINDS from this wk forward. @Naheed @EdMead. As someone who grew up in Kalgoorie."- David Lenigas on Twitter , 27 Sep 2025 Link: https://x.com/DavidLenigas/1972066842215682257

My Comment: Yeah, the above is HISTORY OF ORCP until the RNS from ORCP came out otherwise, resignation was being called and the Northern Zone results did NOT appear to ever sink in isnt it per above?? Sun, 28 Sep 2025. By the way, Black Cat Syndicate is ASX listed on the Australian Stock Exchange and its mkt cap is A$1.01BN at A$1.43. Link: https://hotcopper.com.au/asx/bc8/ Its processing plant is in the region where RGL's Northern Zone is located. Northern Star owns the Kalgoorie Superpit & its mkt cap is A$ 32.51Bn @A$22.74 as examples of the few players in Kalgoorie, Western Australia. DYOR.

P.S I have posted before earlier that NEWCREST JV a $65m deal with Greatland 's Havieron after Phase 1 [5 holes] and Phase 2 [4 holes], the results of which came out for the Phase 2 in early Dec 2018. From Greatland Gold's website of our history, it states in a diagram, NEWCREST JV in Mar 2019. On the GGP forum then, folks started all sort of their own ideas especially grades etc NOT GOOD ENOUGH so there was a LULL of NO SIGNIFICANT NEWS but one morning, Newcrest JV in and the rest is history. GGP NEVER DRILL AGAIN as it only had 30% share of Havieron and therefore NEWCREST being the 70% interest became the OPERATOR. 101=Operator does all the drilling -decisions etc. Folks said 9 holes NOT good enough for ANYTHING as it needs to do MRE, PFS, DFS etc. ____Sun, 28.9.25 [Yes, important as it is to MANAGE EXPECTATIONS isnt it?_____ DYOR. But everyone has their own view so to each their own what they decide but --------------INDUSTRY DECIDES---------not folks. Look at DL's RGL which is in a trading halt pending an ann and the 20% ORCP on the London Stock Exchange issued a RNS on this stating; "HALTED FOR MATERIAL CONTRACT." RGL was going to drill 200 holes to be able to come up with a MRE but there you are , NO MRE and "MATERIAL CONTRACT."

What the people are saying is that Red Setter @WSBN is HAVIERON II , hence why they are quoting the drill results with the high grade. Telfer grades are different to Havieron - Poulden explained the difference between TELFER "HIGH TONNAGE" but low grade. In 1 RNS DATED ___4.12.23__ , Poulden stated Telfer has an average grade of 0.5g/t gold. So, IF, the results from Hole 1 come out and some match them to HAVIERON's early holes especially Hole 5 , then they could be incorrect, hence why I gave the link to listen. Poulden is talking of the PROJECT ITSELF and he is citing specifically the EXPERT GEOPHYSICS Ltd's work on the 3D, MMT. Yes, there will be higher grades within a deposit 101 but the confusion could be lining it up to be HAVIERON II @Greatland which CHAIRMAN OF WSBN, POULDEN STATED IN HIS INTERVIEW OF 6 APR 2023 to discuss the DIFFERENCE BETWEEN WSBN 'S RED SETTER vs HAVIERON vs TELFER. OK, let us say some are EXPECTING HAVIERON HOLE 5 RESULTS @Greatland = 275m OVERALL at 4.77 g/t gold & 0.61% cu copper.

Telfer surface grade is 0.5% gold & UNDERGROUND A V E R A G E 1.5 g/t gold & 0.3% cu copper. I have explained how when Havieron results were released of Hole 6-9 , those folks then on GGP said NOT GOOD ENOUGH which included even Hole 1-5. Some said it needs PFS, DFS before the results. HISTORY STATES: NEWCREST JV into GGP's Havieron in Mar 2019 and I cited from source @ Greatland Gold : Our history. Assay results from Hole 6-9 Havieron came out early Dec 2018. Even Biswas, CEO of Newcrest said the grades are not usual in the Paterson in one of his addressed at Newcrest. Kindly check. In conclusion: There is a general knowledge difference between HIGH GRADE DEPOSITS vs LOW GRADE HIGH TONNAGE DEPOSITS. Many of the world's largest mine like CADIA-RIDGEWAY owned by Newcrest are HIGH TONNAGE, LOW GRADE although Ridgeway is a much higher grade but fouund much later. These are large deposits and have halos of low grade etc. HIGH TONNAGE AND LOW GRADE tend to be very long lasting mines but HIGH GRADE tend to be much smaller mines like SANDFIRE'S DE GRUSSA-----"HIGH GRADE gold and copper mine WITH A SHORT LIFE with relatively short production life, relaying heavily on CONTINUED PRODUCTION TO REMAIN VIABLE." [Google source for De Grussa]. All posted before ie standard knowledge of high grade but low tonnage and high tonnage but low-lower grade and usually underground or split level blockcave etc. Sun, 28.9.25 DYOR.

Tower of confusion starting: On the other Wishbone Gold share forum, one quotes results [drill and grades] from Greatland's HAVIERON. On Hotcopper ASX on GGP, one starts a line that Wishbone's RED SETTER, Paterson, W.Australia is " #HAVIERON II." Listen to Richard Poulden, Chairman & CEO of Wishbone talking about Red Setter vs Telfer vs Havieron. He stated that Red Setter is not akin to Havieron but more Telfer citing Expert Geophysics Ltd [EG}the firm doing the MMT, 3D etc for WSBN. Link: https://x.com/LondonAIMCap/status/1969827650974912531 Interview with Proactive Investors UK with R.Poulden dated 6 Apr 2023. Mr Poulden stated that EG said "ANALOGUE TO TELFER." Kindly listen and check. Sun, 28 Sep 2025.

Quote: " In 1989, SUPERGENE-sulphide ore was being mined from the BASE of the oxide zone, initially from the OPEN PIT and in 1990 UNDERGROUND. In 1991, surface exploration diamond drilling intersected the 130 quartz REEF within the MAIN DOME -------- at 1, 0 0 0 metres ------BELOW SURFACE. "Pg 1. Link: https://portergeo.com.au/database/mineinfo.php?mineid=mn224 [Porter Geo]

As a general principal common in ALL junior explorers, whatever they RAISE to drill could produce a Enterprise Value GREATER than the raises.

For example, Solgold , EEE, Greatland etc have raised but today, it is FACT that their resource is GREATER than the raises isnt it?

All well known and common to all AIM co's especially as they are defined as growth co's and those who invest per LSE are HNW which in my view is akin to angel investors? Sun, 28.9.25

As in the days of Greatland Gold at Havieron, some said this and that.

I have already read this on this forum so the EVIDENCE will be helpful if it should need to be called, hence why I am foreseeing the WSBN RNS's of Aug - Sep 2025 will have to be SHOWN.

DL is already in Australia as he flew out on Sat per his tweet. Poulden, Chairman of WSBN & Ed Mead, Director & Geo went out to RED SETTER, some 10-15km at least by road or by direct daily flight to Telfer. There is NO NEED for the Chairman & CEO Poulden to fly from his home in Dubai to PERTH to meet up with Ed Mead and go out to RED SETTER, a long way from PERTH, Western Australia. DL, Consultant to WSBN said he may join them to go to Red Setter. So, obviously, DL was not crucial ie requiring him to go to RED SETTER, WSBN's gold and copper project in the outback.

But all 3 were present in Perth , Western Australia to witness the DRILL CORES being cut at Red Setter and for GEO'S [plural] to be present , do special analysis and assays. Again , not the norm.

But if one looks at Solgold, the Analyst like SP Angel does do site visit and Solgold did say they conducted site visits for potential major shareholders.

Later , Jiangxi Copper , the largest copper producer in China and globally invested 6.95% in Solgold and later increased to 12.19%. Similarly, one will expect FRANCO NEVADA to do a site visit before their $100m payment inc another big royalty co like OSISKO with $50m.

So, whilst 1 said no news, well what was the visit for to RED SETTER and for Chairman-CEO Poulden to go all the way , after all Ed Mead , Director & Geo could have shown folks around isnt it? So, hopeful this will be later made known WHAT THE TRIP was for recently given DL , Consultant is based in london and for him to fly out to Perth and he has again flown out Sat [this Sat] and his tweet did post "@WISHBONE." Interesting isnt it? DYOR. Just discussing only.

"YES, RNS ann from Wishbone Gold regarding Red Setter project in Aug & Sep did state the DISCOVERY of SIGNIFICANT MINERALISATION with reports of INCREASING INTENSITY at DEPTH."

"Key Ann: 17 Aug 2025 RNS: Breccia PIPE Intersection: Wishbone Gold announced that at its Red Setter Dome project had intersected a "SIGNIFICANT

BRECCIA PIPE" in the 1st hole of its drilling program. The ann specifically mentioned "ZONES of quartz carbonate V E I N I N G & S U L P H I D E S of

CHALCOPYRITE and pyrite were observed... with INCREASING INTENSITY towards 570m.."

"Aug 21.,2025: EXPANDED BRECCIA pipe INTERVAL: A follow up RNS confirmed that the breccia pipe interval in the 1st hole had been expanded to 777metres . The report noted the "quartz carbonate VEINING & SULPHIDES of CHALCOPYRITE and pyrite" were observed from 520m to the END of hole at 777m."

" Sep 25,2025: STRONG ALTERATION in the 2nd drill hole: An RNS reported that the 2nd drill hole, a STEP-OUT from the 1ST, had INTERSECTED

m u l t i p l e s ZONE of b r e c c i a tion , ALTERATION and SULPHIDE M I N E R A L I S A TI O N starting around 520m. The co noted the results were

S I G N I F I C A N T because the 2nd hole, 200m South West of the 1st, showed = EVIDENCE= of a =SIGNIFICANT GEOLOGICAL & MINERALISATION event=

and =MORE HEAT ALTERATION= than the 1st hole."

"SUMMARY OF FINDINGS: Overall the RNS announcements =documented= the PROGRESSIVE =D I S C O V E R Y of a M A J O R MINERALISED system=

supported by =E V I D E N C E= of a LARGE BRECCIA PIPE and =SULPHIDE MINERALISATION= that appeared to INTENSIFY =AT DEPTH= and across a wider area."

My Comment: All taken from the Wishbone Gold Plc RNS of Aug - Sep 2025 and FACTUALLY C H E C K E D by Google AI.

There you are as opposed to what has been stated on this forum by some folks who have not read the WSBN RNS if so? Sat, 27 Sep 2025.

FACTS & EVIDENCE. Dyor. Kindly check.

We did this at DL's 1st co , REM plc.

Right : NO 1 PRESENT.

I am in at Wishbone for Red Setter Hole 1 & 2 thus far [Paterson , W.Australia]

News. Sat, 27 Sep 2025.

Print your name under the title so that we can see the records for history of who was here.

Link: https://www.youtube.com/watch?v=5AKOU6pPZlo Samso Media.

In case people did not know.

Red Setter in the Paterson , Western Australia has been there a long time & formed centuries even.

It CANNOT change. It has been formed.

The only thing that can CHANGE is others changing your mind - my mind with their views which may or may not be correct in the end

when RED SETTER goes HISTORICAL.

ALL JUNIOR MINING TIDDLERS STARTING FROM SHELL LIKE MKT CAPS:

[1] EEE -Empire Metals : £392.46M @56.6p [ 52 wk high 86p, Low 5 P E N C E ].

[2] REM Plc under DL from Reverse into a shell co around £1m+ to £90m mkt cap. Sonora under international litigation by Ganfeng [REM Mexico]

[3] GREATLAND RESOURCES , London & ASX listed. SP A$7.13 MKT CAP : A$4.78 BILLION.

And so forth. All the same thing of forums speak but look at them today, Sat, 27 Sep 2025

solgold -

£8m too expensive for a shell [fundie guy]. drilled hole 1 - too shallow, then too deep.

then , grades too low etc.

funding scare stories.

nm - board - etc this & that.

co -this and that re: solomon islands.

needs psf, dsf etc.

[[meanwhile, they dont read dr rohlach's modelling, chief geo where he did his phd at bukit tujuh tier 1 discovery]]

today: mkt cap : £465.77m @15.4p.

investors; bhp 12.19%, newcrest 10.36% [now newmont], jiangxi copper co, franklin advisrors, global x miners etf.

sprott junior copper mines etf ----------even john han**** inv trt is present [famous mother of gina han**** fame -iron ore magnate, richest person in australia.]

royalty holders: osisko royalties provided us$50m , franco nevada $100m deal.

forum: to do everyday.

short-fall: unable to evaluate. around hole 6, newcrest was interest and by the time they invested with paperwork it was close to hole 7or start of 8 from recall. bhp waited and delayed until hole 15. dr rohlach said at least 18-23 holes needed for an initial resource statement.

mather: said not necessary - was he right? yes, he was given the above of newcrest & bhp.

i will continue to a few more and the story is the same but the above is fact & history now. shows that wsbn is exactly the same isnt it? stories are starting in the same way ie style? sat, 27 sep 2025.

I have now run the LAST CHECK for Telfer, some 10-15km from WSBN's Red Setter, Paterson, Western Australia.

[1] TELFER OPEN PIT- 0.5 g/t average grade [surface expression]. Source: WSBN RNS from 4.12.23 from recall of Telfer av grade for gold.

[2] TELFER UNDERGROUND: "A 2016 Report estimates GOLD at 1.5 g/t au and 0.31% cu COPPER reflects the grade profile for BULK UNDERGROUND mining method, specifically SUB-LEVEL CAVING which was used by Newcrest at that time. The grade is the overall underground resource grade."

Comment: In the case of WSBN's Hole 1 & 2, this is the underground drilling ie deepen the hole from 300m to 550m initial target depth but hit 777m and still in min. Hole 2 has started and Thur, 25.9.25, it has reached 580m but at 520m hit min. Hole 2 is expected to have a potential target depth of 1,000m although in the Paterson 1,400m is the norm. Wishbone's Dome at Red Setter has a STRIKE of 3km [Havieron's ore body is 650m as a contextual eg]. DYOR. 27.9.25 [Sat]. The above quoted are HISTORICAL and from open data that can be checked and everyone should check esp the 2016 Report.

I found an interview with David Lenigas on the Northern Zone, Kalgoorie with Sonder Management of Australia dated July 26,2024.

This is not the usual interview with Proactive etc like in the past which were UK media co's. But of course, RGL is in Australia and fitting that an Australian media co is used.

Link: https://x.com/Sonder_Management/status/1816687642580267149

The title: "Its a BIG, BIG project." "Discover why CEO David Lenigas @Riversgold believes the Northern Zone is poised to be a true company builder."

My Comment: Its a short interview and DL said that NORTHERN ZONE is a porphyry [like I said with deeper potential] and that many of the big

companies have 0.5 g/t gold grades and he said WHEN EVERYONE RUNS out [cant make out the rest of the sentence because it is late and I cant turn on the sound.].

Anyhow, have a listen as I only listened quickly. So, this is from the HISTORICAL ARCHIVES and it may be the reason for the "MATERIAL CONTRACT" per ORCP's RNS of Fri, 26.9.25 or it may NOT be exactly that but will find out soon when Riversgold comes off the halt in Australia to reveal what is the reason for the halt which ORCP REVEALED.

DYOR. News, Fri, 26.9.25 [Fri, ORCP rose 70% on the said RNS]

Just as Dicky3times said about Greatland at that time, it is the SAME now. Share price is around 1.72p , mkt cap £48m.

It is SILENCE as in QUIET like then. I posted about the period after the Greatland 2nd set of Phase 2 results in early Dec 2018 and that got everyone going about dark goings on ie results were bad etc. But from recall Gervaise Heddle , CEO came to London and at the same time, he gave Share_Talk an interview. On the forum, those who had no negs started DOTTING - which co has a HQ in London? Folks even dotted the HQ near the place of the interview. YES, we put our heads together and got it RIGHT. Why? Why would Gervaise Heddle, an Australian fund manager living in Sydney FLY all the way to London and surely it is not for just an interview with Share_Talk in London isnt it? Why, many interviews can be done via links SML of Australia to a London media co isnt it?

Ah, later, it was reported that it was NOT only Newcrest interested but Rio as well and another major.

I am NOT suggesting anything but the 1st event that kicked off was Gervaise saying industry was ringing to congratulate him but folks said it was not true. Then, came the article from the Australian, a major newspaper in Australia [quality press].

Here, IC and This is Money has reported so I am sitting and waiting for the cloud to drop like in GGP days but WHAT I am NOT SURE. It has to go with the going to PERTH where all the honcho's are situated in Perth 's exclusive suburb Subiaco. By silence, I mean no one is talking ten to the dozen.

Just a discussion. OR, it could be NOT THE SAME but the wait continues - normal isnt it to discuss all angles? Why? Cos history will PROVE MANY things and he who gets it right wins ze prize.

I have CALLED UP the data on Greatland's Phase 1 drilling and my memory serves me well. Data states £1.5M [Phase 1 of 5 holes].

Phase 2 was also similar to drill the next 4 holes ie Hole 6-9 at Havieron.

There was NO RAISE 3 in my view. Why? With the 2 raises as above, that could attract a MAJOR to the table as said and evidenced from the archives and from Greatland's account of their history.

The other drills were next to Havieron but the historical results did not show much promise in my view then. Then, it was on and on. But once Newcrest JV'ed, the rest of the raises were for here and there but no Tier 1 again then.

Thank you to both posters. Recommend.

Some good info: Ed Mead is a Geo at ORCP but a Director at Riversgold [Exploration Director] and they share the Northern Zone JV, Kalgoorie, W.Australia.

I do NOT know why DL, Chairman of RGL on ASX is interested in ORCP because that is not known. Why? Oracle Power has this power project and that is outside DL's sphere of contacts of Belt & Road. Of course, if it could be successfully concluded, then yes. But if it drags on, then Oracle Power has to move on with good projects in Australia , a Tier 1 jurisdiction for mining project. So, to have Ed Mead on board etc, yes, that is how Oracle Power can get into Australian projects.

I know that DL is fond of Tier 1 MEGA discoveries and to-date, SONORA Lithium comes to mind. Then, potentially, there is the Paterson project but that is still in its early stages. So, for a Solg at ORCP , this co is no Nicholas Mather who has thus far raised US$500m and he used to go from one mining conference from London, Australia to Canada to do the rounds with lots of interviews in between. No one has matched Mather's type of style yet. I mention Solg as one poster has talked of his hope of Solgold here.

The thing going for DL is that he is followed since his Sonora foray and therefore, doesnt need to go from round after round of interviews at mining conferences which are expensive like Beaver Creek Mining Conference or Noosa etc. But if one does not do very deep insight into the projects itself, it is like trying to hope for a GRAND NATIONAL HORSE WINNER ie EVERYONE is a BIG GRAND WINNER but that is almost impossible, statistically speaking.

Oracle Power has a copper and silver project at BLUE ROCK VALLEY in the Ashburton Basin in the N.W of Western Australia. I dont know much about it since to know more, one will have to look at the Australian Mining Govt depository to find out if anyone has done any work on the licence etc. I am not too bothered at the moment.

So, come to the hydrogen [green] and coal project , ah that will be a wild card if that eventuates.

But at this market cap, one knows that NEW co's coming to IPO on AIM must have a minimum mkt cap of £6m from recall isnt it? But who is to say, what is in store for the Northern Zone - only DL knows but I know that there is more to the licence in terms of depth. Perhaps that is the reason for the "material contract" otherwise what else is at Northern Zone, Kalgoorie, W.Australia? DYOR. Fri, 26.9.25 Just replying to the comment with thanks. Not sure what is going to happen as DL cant say anything until the RGL has issued a ANN as is norm isnt it?