Member Info for OrangeMoon

It was said a few days ago that the only problem with OMI is that someone 'didn't have enough shares'...this is a screaming reality.

Many posters on here are nailing it. The quality of which often worth it's weight in gold.

OMI is on sale and the cat is only just peaking it's head out the bag.

Good job clearing up admin. Looks like that report button works after all 👏

Legalwolf, appreciate your thoughts on the recent placing and I second your opinion regarding the opportunity being put before us.

More cheap shares for the believers then...

Short term fluctuations mean very little when considering the bigger picture / long term potential here at OMI.

Https://x.com/MilaResources/status/1967513723511378026?t=0t2feUmSm0q0X9PU0vgSqQ&s=19

Just to quell any gumf on this board: MILA only picked up the recent gold projects (Yarrol, Mt Steadman & Mt Weary) in October 2024, at a very favourable time period (prior to gold really setting off and the gold bull run).

At Yarrol - Historic drilling formed part of a non-compliant (JORC) MRE, for which MILA belive (and are progressing towards) will become a JORC compliant MRE. This becomes even more likely with an increasing gold price.

The confirmed grades (all near surface - roughly 100m with further down to go) with multiple Au mineralised zones give a good indication that there will be a 'feeder zone' here and MILA's next stage is to find one (or a few), hopefully with this next stage of drilling.

The use of Diamond Drills is more significant than the use of RC drilling and if Yarrol hits that gold rich zone with one of these, even their cash rewards at 2p will be smashed through.

The notion that explorer's are worth only 'the money they raise' due to getting the source out of the ground is complete nonsense.

Lesh8, Appreciate your enthusiasm for other goldies but MILA are alot further down the exploration route than rock chip sampling, which is what your reffering too... I've seen many a company with high rock chip Au grades but found nothing while drilling (after spending alot of shareholders cash).

MILA's upcoming (funded) Diamond Drilling programe should provide some very interesting grades/intersections to add towards JORC MRE.

A more conservative view (and my own), is that after confirmation of the lateral extention and deepening the mineralisation zone, could have this in the 50-100Mcap range. As there is 'size potential', but no grades. That makes 100%+ lift from here to around 3-4p*.

The risk being sub-economical grades, reducing the Mcap to dust. So to reach any of these heights of SP/Mcap, will need to go off the back of hype/speculation and momentum as previous posters have also acknowledged. Which WSBN definitely seems to have.

*again, very speculative, but you have to have targets.

@devon123...

at this stage (using bag of the *** packet calculations and speculation) to give a brief description of the path that would need to unfold in order to achieve a 15p sp or approx 400m mcap short term (1-3 months)...

this 2nd drill hole will have to confirm a lateral extention (not definitive) of the breccia pipe and hopefully being more central, also confirm a deeper (horizontal) mineralisation zone. drilling down to 1000m should provide more information on the size of structure (but again, not definite).

additionally, the grade returns back from this mineralised breccia zone would have to achive >3g/t au (hopefully higher >5g/t au) + >1% copper.

the lateral extention will be important for size, however it's the grades that will define the resource.

both additional drilling and assays may take around 3-4 weeks to complete. however if both come back 'extremely positive', it isn't out of the realms of possibility that this mcap could be achived at the end of this.

take this post with a pinch of salt, as at present it's all speculation and a little bit of hype. the downside here is also substantial and nothing garenteed. this is exploration, and the returns can be big but equally, so can the losses.

look at arv to temper expectations, with relevance to grades expected due to 'proximity of near by mines'...

Yes, still holding some of our Heliums best 👌 (IMO)... HEX, although not as active on that board of late. Just letting Bo do his thing but will be happy to see another 50/100% into first production, soon...

Yes correct Troajan. If there was such a thing for mass grades at depth exploration would be redundant.

On MILA, let's hope the structural review finds some interesting intersections/points of interest for the Diamond Drill programme (end of Q3). A dense core or system found I'm this 2km section could be a deal maker here, not to mention the possibilities that this would unlock being able to replicate this over the 20km fault...

Troajan, yes I agree for large scale XRF would not be adequate...

https://youtu.be/yUzG8ykJzvI?si=dsRa2RTZGeFDcyrm

But here is an example of the portable version for samples of drill cores from Brixton Metals (2 years ago).

I should say that this would be in conjunction with drilling, e.g diamond cores, and not from surface level, e.g scanning the ground...

To save any confusion.

Giving up... LSE seems to be having a tizzy fit with my posts here.

Ultimately, they can be used above 5g/t apparently but not as part of JORC compliant resource.

Limitations: For low-grade deposits (

Troajan, I've read conflicting articles on that...

Hand hekd XRF Grade Accuracy

Capabilities: Handheld XRF detectors can provide gold grades, often with high accuracy for high-grade samples (>5 ppm) or in interference-free matrices (e.g., quartz veins, refined gold). Advanced models like the SciAps X-505 with detectORE™ achieve lower detection limits (20 ppb), making them suitable for low-grade exploration.

Limitations: For low-grade deposits (

@Nomadme, a good analogy on where WSBN are currently at with respect to grades of bereccia pipe, however I'm a little more optimistic given all indications.

The proximity to Hav and Telfer provides more of a significance with respect to 'what's in the tin', atleast from a point of solids or liquids point of view (more than it doesnt)... The 3km strike hopefully is an additional indication. The positives eventually rack up in favour.

There was a mention on here with regards to what happened at ARV (Close to Haverion) which had visible gold in cores, but to no economical grades.

Equally, I'm not going to rule out someone hasn't pulled put an XRF detector at Red Setter, scanned it and then bought in.

Lots of angles to look at this share from, factual and speculative, and all very exciting. Investors here should make some great money if assays come back positive.

@Gemstar,

XRF detectors can detect gold, however verification via lab results would be required for JORC compliant resource estimates. This is why they are not used when companies are reporting regulated news (to public) but may be used in smaller operations not tied to regulation.

Good discussions on here today with both positives and negatives, that's really what these boards are about, sharing opinions.

Again, when dealing with more negative views (no one likes them), it's better to give examples or reasonings as to why there is so much potential here... saying things like 'mm's friends', 'just want in cheaper' or plainly insulting posters doesn't add value. Try to find actual evidence to support your case, and the truth will do the rest.

@Lesh8 "Every thing is pointing to a big gold discovery BUT they haven't found any gold"...

Although other shares have found larger strikes of gold or gold veining, the real value comes from high density grades per tonnage. So although large bonanza grade veins can be an indication of large core or system, its not always the case.

In WSBN case, the bereccia pipe hit has been taken as 'gold found' due to the paterson region which often hosts high grade gold and copper berecia pipes with grades 1-3g/t Au + Cu, and in some cases, such as Telfer and HAV 5-9g/t Au + Cu making these resources specifically economically extractable. Red Setter being in close proximity (13km) supports recent sentiment.

So although no gold stated yet (awaiting assays), there is a high chance that it will be found. It just depends on the g/t Au+Cu assay.

If Pepas hits a dense ore body or concentrated Au mass (similar to that of a breccia pipe) then it's a massive de-risk for the company. However, with a repetition of recent grades and length we wouldn't depend on such a structure to be economical, it would just be a very good bonus.

An MRE is an MRE... and those that are 'from surface' require alot less grade equivalent to become mineable in comparison to underground mining operations.

Strikes and viens are important, but pin pointed Diamond Drilling can reveal alot more substance and matter (literally and figuratively) especially from a visual perspective.

Apologies if this is like colour by numbers to some on here, but for me it's an easy conclusion of thoughts to reffer back to when comparing geological structures, such as fault plays or dome structures (as per previous GPP reference).