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And forgot to mention the total zone / area could be multiples of this block volume just used for calculation purposes, we'll know more very soon !... Hopefully next week.

230,000 ounces = 220 Million pounds worth

assuming an 3D area of 100 x 100 x 121 at this average grade

amazing !....

230,000 ounces = 220 Million pounds worth

assuming an 3D area of 100 x 100 x 121 at this average grade

amazing !....

So Havieron Hole #1 showed an average of 121m at 2.93g/t gold.
If you assume a block model of only 100 x 100 m wide, you've got 1.2 Million m3 of rock.
Assuming an average rock density of 2.0 kg/m3, this equates to 24.4 Million Tons.
24.4 x 2.93 = 7.1 Million grams of gold or 230,000 ounces (Oz) of gold at roughly £ 950/oz gives us £ 220,000,000 worth... 220 Million pounds... So nearly a quarter of a Billon pounds worth of money for a 3D block model of 100 x 100 x 121 m of average grade 2.93g/t gold.

I can't wait to see the lateral extension of this interval !
Bring on Holes #2,3 and 4 !

Callum Baxter on Havieron:

"Particularly wonderful is the quality of the grades within 20 meter intercepts within that 100 meter zone, or plus 100 meter zone and we're getting mineralisation until the end of hole, we know from our geophysical modelling there is quite likely mineralisation extends at depth for at least another 300 meters below where we are at the moment, so quite significant in terms of tonnage potential and size."

Very interesting article; it shows you Havieron is not really that deep, 2-3 km depths are not uncommon nowadays. Also a nice artist impression of an example of underground mining equipment setup. Futhermore, is is stated that gold production output in Australia is expected to half over the next 3-4 decennia provided no new discoveries, etc.

Australia's major gold miners digging deeper underground in hunt for major discoveries ABC Goldfields  / By Jarrod Lucas PostedSun 4 Mar 2018 at 6:33am,  updated Sun 4 Mar 2018 at 8:09am www.abc.net.au/news/2018-03-04/australian-gold-miners-dig-deeper-looking-for-major-discoveries/9495184

Cheers Mickey, indeed there's a lot going on at the moment in the local area

Independence circling Creasy’s Fraser Range discovery

Barry FitzGerald
about 23 hours ago

https://www.livewiremarkets.com/wires/independence-circling-creasy-s-fraser-range-discovery

And more field exploration to come within the greater Black Hills area: The field crew will continue their work along strike at Saddle Reefs before moving to other areas within the Black Hills licence including Rogers, Eastern and Northern Granites. Results of field work will outline drill targets at the Black Hills project.

RNS last week: Multiple gold nuggets and gold pieces in bedrock discovered in first few days of maiden exploration programme at Black Hills Only 150 metres of strike at Saddle Reefs has been covered so far and the remaining several hundred metres will be traversed over the next week. Rock chip samples are being collected and will be analysed with standard chemical assay techniques, and a further update will be provided in due course.

That's probably the biggest trade I've ever seen on AIM

LONDONAIMCAP 2 hr #GGP Greatland Gold has now hit the AUSTRALIA PRESS together with Antipa as a structural corridor to Rio Tinto*s rumoured big copper find at Paterson, Western Australia. [See thread for link] 14 hr ago, 29.6.18 [Re:GGP- HAVERION/BLACKHILLS]

1.85 / 1,500,000 / £27.75k

Excellent post Casper !

I expect a bit of a rush to get in later this afternoon prior start of the weekend. News on multiple fronts: * Paterson * Black Hills * Firetower * Earnest Giles DYOR

THE AUSTRALIAN – RIO COY ON THE SPECULATION OF PILBARA COPPER DISCOVERY. 25 Jun, 2018 http://antipaminerals.com.au/4909-2/

http://www.resourcesrisingstars.com.au/news-article/talk-major-rio-copper-find-set-reignite-interest-paterson

just popped up

1.83 1,625,000 £29.74k 1.80 1,900,000 £34.20k

What does this guy know that we don't ?... Interesting !