Member Info for PaddyGall

Hi all Great news on the BH front but only what we expected really - DJ will be very happy as he has mentioned that BH was the reason he got in here and Hav was just a bonus. Interesting to hear GH mention panorama again at the end on the interview - isn't that where the potential cobalt was discussed before? Should be plenty of news flow with the 3 drilling campaigns running concurrently through the summer months. GLA - Paddy

I second that Tiburn - believe in your own research and believe in the team. It's a no brainer compared to this time last year. GLA - Paddy

The plot thickens even more then!!!!

Now why would Primorus mention RIO in their tweet? I can obviously understand the reference to NCZ (which I presume is Newcrest).

Link to tweet from Primorus from earlier this morning https://twitter.com/priminvestments/status/1123839177085288453?s=19 Other than Rio Tinto and NCZ the world still asleep/too impatient to realise that Greatland Gold is about to kick off a massive exploration push in the Paterson. #AuCuRush2019 GLA - Paddy

I might be wrong but I don't think we will see anything like that at present. Remember Hav already had world class intercepts from the drilling last year and so far Scallywag only has MMI results and Black Hills has rock chip samples and 3DIP results. Interesting theories about GH holding off on news until NC announce their plans to push the SP up but as poster said yesterday valuable drilling time is being lost now and I can't see them holding off too much longer. GLA - Paddy

So the "initial" drill campaign will start within the next few weeks for approx 10,000 metres. Would that sort of campaign fulfill NC obligation of the minimum spend? and don't they need to spend £10 million to take the farm-in to the next level. GLA - Paddy

Nice write up on page 41 of the new briefing book. https://hotcopper.com.au/threads/ann-macquarie-conference-briefing-book.4735108/?post_id=38317351 GLA - Paddy

I know there's been a lot of discussion over the last few days about Newcrest and what reporting we would see as the drilling progresses over the next few months. I've just read through the article that the sharetalk post refers to and there's a passage in there as follows. “We are determined to build Greatland into a large and successful business delivering significant returns to our shareholders, and we look forward to providing updates on both Newcrest’s progress at Havieron and Greatland’s exploration efforts in the Paterson and at our other exciting projects,” Heddle concluded. Seems pretty black and white then that we should expect updates as and when they are reported to GGP by Newcrest as they would be price sensitive to GGP and even though NC are the manager's of the farm-in we still own it. GLA - Paddy

I'm pretty sure the results from the MMI survey at Scallywag had far higher Cu responses that the equivalent results at Hav and that's what fur me excited about that prospect. Added to that is RIO have the adjacent block which Scallywag extend into and now there is talk of RIO and NC "perhaps" being the subject of a tie up. Lots and lots going on - patience is a virtue. GLA - Paddy

Well there's an end to the radio silence. Greatland have just posted this tweet Great set of opportunities in front of Greatland right now - Greatland has demonstrated track record of adding shareholder value through discovery and industry partnership - an exciting few months ahead as field activities move into full swing! News can't be too far away now..... GLA - Paddy

I think you are spot on kieffy. This extract is from the strategic and operational update on the 19th March Finalising plans for exploration programmes at Black Hills (30km east of Telfer, high grade gold at surface over 800m of strike) and Scallywag (40km east of Telfer, several magnetic anomalies and elevated copper, silver and gold MMI response over 6km of strike) I can't believe that it's taken since then to finalise plans especially when they would have known prior to that date about NC taking over at Hav. I'm hopeful that there is something else left field going on behind the scenes as radio silence is being maintained - hopefully not too much longer to wait?? GLA - Paddy

Hi HAT What timescale do you see as medium term? I've been in here now for almost 2 years and haven't sold any - in hindsight that was a mistake but I'm not a trader and would undoubtedly have timed out wrong and lost out. I'm confident this will come good - be that short term, medium term or long term - I'm not in any rush as the majority of my are held in a SIPP that I can't access for another 7 years anyway. I find the silence from GGP & GH reassuring now and that certainly wouldn't have been the case 12 months ago. GLA - Paddy

Interesting also that the Newcrest CEO is ex RIO just like our man Clive. I wonder if their paths ever crossed before. There could be loads going on the the background at the moment - it's like a powder keg just waiting for the spark to ignite it all. I'm patiently waiting and looking forward to the fireworks. GLA - Paddy

Hi HAT I found this link to the article you mentioned that was in the Australian the other day. Makes interesting reading - especially the bit about Telfer and the Winu find. https://www.spglobal.com/marketintelligence/en/news-insights/trending/jfgtukcpdhlk5thpn5euqg2 GLA - Paddy

The only other thing I could find was in the GGP latest presentation dated March 2019

https://greatlandgold.com/media/research-presentations/

Towards the end there is a page with an overview on Bromus where the following points are made.

"More interestingly, anomalous levels of silver zinc, cadmium and sulphur detected that are
indicative of a polymetallic VMS-type system"

"Results merit further investigation, VMS-style system a relatively new discovery for the region"

Perhaps this further investigation will continue into the new tenement also????

GLA - Paddy

Hi Guys n' Gals,

I know that when the Strategic and Operational Update RNS was released on 19th March peeps looked at this statement - seek to divest those projects which do not meet Tier 1 criteria and the Bromus project looked a prime candidate.

I've been doing a bit of digging on the new tenement that GGP applied for on the 18th January (E63 /1953) and guess what - it is the next door tenement to E63 /1506 or Bromus.

Now in the same RNS they stated that another objective would be to "Capitalise on general weakness in the junior resources sector by identifying and acquiring new projects in safe jurisdictions with tier-one potential at attractive valuations"

The last work carried out in that area from what I can see was in drilling in 2106/2017 where they said they reported broad low level nickel intercepts.

Would any of our Aussie friends or anyone with a more intimate knowledge of that area be willing to hazard a guess why they would apply for that tenement now?

GLA - Paddy

Been working nights this week so only really catching up on the developments from today....

To me one of the big takeaways from the announcement/interview is how much it shows they have confidence in the results from the 3DIP survey which if you remember was completed by a Canadian team that GGP flew in especially for the task.

Whilst they had this team there they also used them to complete the survey at Blackhills. I remember GH saying in an interview shortly after the results from Blackhills that the survey team excavated up to a metre in certain locations to enable them to get the data that they required. Here are a few lines from the RNS on the 29th October.

A comprehensive IP program over Saddle Reefs was designed and implemented in conjunction with external consultants, and undertaken during Q3 2018 (as announced 17 July 2018). Total strike length covered was 1,600m. Transmitter and receiver lines were 100m apart and station spacing along lines was 20-40m. Thorough independent QA/QC of collected IP information was carried out and it was concluded the data is of high quality.

Modern 3D inversion models of resultant IP data were generated. These models have outlined a large, coherent conductive body over 1,000m of strike spatially co-incident with gold mineralisation identified at surface. The body lies subparallel to the strike of gold mineralisation identified at surface and has dimensions of approximately 1,000m long, 200m wide and 150m thick. The body plunges gently south-east mirroring the overall structural plunge of the outcropping geology and is open to the south-east. Depth to top of the body ranges from 150m to 200m below surface. The majority of historical drill holes at the Saddle Reef prospect were to maximum depths of only 50m.

Detailed 3DIP subsurface models have been reviewed in conjunction with surface geochemical and geological information at Saddle Reefs. Drill targets have been selected to test the orientation and tenor of gold mineralisation.

The Company has received all required approvals from the Western Australian Department of Mines, Industry Regulation and Safety ('DMIRS') for a drilling programme at Black Hills (as announced 4 September 2018).

If the results of the Firetower survey has warranted a 15 hole program - then what would the results from Blackhills warrant? - We should find out soon.

GLA - Paddy

Just listened to this again this morning. https://www.brrmedia.co.uk/broadcasts-embed/5bd81f34b01efb6b20c2fbd4/event/?popup=true There's no reason for us to disbelieve anything that GH or GGP have said.

Don't worry Yashy I'll bring a couple of bottles of red lemonade along for you to enjoy 👍