Newcrest-GGP Havieron, Paterson,WA : New Satellite Image Out Today7 Nov 2019 19:38
The last satellite image of Havieron was out on 2 Nov 2019 so one is due today, Thur, 7 Nov 2019. There is a new satellite image every 5 days.
From the last one I saw on this forum and on Twitter, I counted the holes drilled and it looked to me like 37 holes at Havieron. Maybe, others can count the number to see if 37 is correct? However, from the cals, they can now do some 3 holes a week with 6 rigs going. Aaandi also counted no of holes drilled per week.
In the last Newcrest update on 23 Oct 2019, they said that Hole 19-33 at Havieron are at different stages. Since Newcrest uses real-time coring and testing etc, they would have some idea of the progress upon which they based it on to continue to Stage 2 of the Stage 1 program?
On 23 Oct 2019, Newcrest also informed that they are going to Stage 2 of the Stage 1 drilling by spending the next $5m. Only 18 holes [14-18] at Havieron were declared with assay results. Gervaise Heddle, CEO of GGP in his interview said something like it is enough and subject to results continuing. Hence, the info on possible fast-track per the Proactive Investors article I posted much earlier.
Pr0t0n has cited Carrapeetna in Australia which is shaped like a near vertical pipe & sits under 500m of unmineralised rock similar to Havieron. Their M a i d e n R e s o u r c e s was based on 33 holes [Oz Minerals]. Pr0t0n gave the link. Attribution and thanks to Pr0t0n.
Without going over old ground, Telfer was scheduled to close in 2023 [prior to Newcrest Havieron farm-in]. So, not surprising that fast-track was mentioned?
All historical now.
Thur, 7 Nov 2019
DYOR.