Interesting that one of the bullet points makes the following observation
"Tunnelling/road header experience will be advantageous"
I wonder if we are about to see the productivity of the Byrnecut team start to go up??
GLA Paddy
Did anyone notice that Artemis were up over 10% again last night. They can't be far away now from receiving their heritage clearances and announcing the start of drilling at Apollo.
Any hint of a hit there will make the NCM/GGP drilling at Zippa more urgent. Exciting few months ahead.
Still sitting on the handies, ATB Paddy
@Bagpuss - the holes planned for Swan will probably be a lot shallower than the ones further towards Havieron, remember the cover in that area is negligible - Black Hills which is only a few hundred metres North has mineralisation from surface.
I'm very excited to see what turns up especially at Barbossa West and Sparrow. We noticed that there was satellite activity in that vicinity last year which may or may not have been drilling but nothing was ever reported. Looking forward to seeing if some people (including me) may be vindicated.
GLA - Paddy
Not sure @Quepensa - Hopefullygold posted a link to a website called Mitchell drilling that says they had secured a drilling contact at Havieron so perhaps these are additional rigs that are allocated to this new growth drilling.
ATB Paddy
There's actually a 3rd pad that I missed on my first scan of the area - It's slightly north of the Havieron North Target and literally 300m away from the Artemis boundary and right on trend with the mafic dyke that runs through Havieron and up to the Atlas target.
https://twitter.com/paddygall1/status/1429740272095797249?s=20
The results from these 3 drills will be eagerly awaited by a lot of people on both sides of the globe.
GLA - Paddy
Hi Hydro - we know there was activity up in that area around Christmas time and even in the months before that. I'm guessing that was some sort of recce - collecting soil samples and perhaps even a quick RC drill to analyse some downhole survey data.
Along with the info that has been released by Artemis over the past 6-12 months I think we can be reasonable confident that there will be something interesting under the cover there - the thing now is just what are they going to find??
Looking forward to finding out though - Paddy
@Goldworm - so as you said that you thought the next target was not on GGP ground, I can only assume that you are thinking that the next "BIG" one is going to be on the Artemis ground - perhaps the Apollo target??
Looks to me like the whole area is going to be pretty fertile, especially when you consider that the Eastern breccia doesn't seem to have produced any kind of detectable signature.
ATB - Paddy
Not checked in for a while as enjoying the hols too much. Had a quick look at the Sentinel satellite this morning.
It's safe to say the exploration drilling to the North is well and truly underway - there are two new drill pads clearly visible in the last 5 days that are well North of any thing that we have seen before and as we all know Newcrest aren't in the business of banging in >1000m deep holes for the fun of it.
There also appears to be some substantial groundworks going on around the dune crossing - dunno what's going on there but seems pretty major works.
https://twitter.com/paddygall1/status/1429715426515292163?s=20
All good IMO - Paddy
Whoops - forgot the link
https://www.linkedin.com/feed/update/activity:6834346200200830977
Anyone see the comment from the managing director of Firefly Resources today on this LinkedIn post.
He's not the first to predict 20Moz of gold as Alastair Clayton predicted that after the GGP AGM almost 3 years ago but nice to have that endorsement from another Aussie resource company CEO.
GLA Paddy
I only know as much as the next person who has done their homework on the share - should I have sold in the 30's and bought back now? with hindsight of course I should, but I decided to invest in the long term for the project whether that be buyout or mining.
I'm guessing that a lot of people were in GGP for a trade thinking that it was inevitable that NCM would buy us out so it undoubtedly got a bit frothy, then we've had the general weakness in the gold sector - even goldies like NCM that are reporting huge profits and record low AISC are down over 25% this year.
I'm not worried in the slightest in the long term - thankfully I don't need any of my investment in the short term.
GLA - Paddy
Have a look at the activity in and around the Saddle Refs area since the 14th June this year. Add to this the fact that GGP have applied for new access roads directly into this area. Can i hear the ducks quacking??
https://twitter.com/paddygall1/status/1427889999761088516?s=20
ATB - Paddy
I agree DM and looking at today's satellite image there is plenty of activity still up around the Saddle Reefs area in pretty much the same areas where GGP conducted their promising RC drilling campaign in 2019. They have been revisiting those sites over the past 5-6 weeks so it will be very interesting to see the results from the deeper diamond drilling when the assays are finally processed.
GLA - Paddy
Newcrest are managing the mine but that doesn't preclude GGP from contributing to the discussions / engineering solutions when the cave is being designed / built. Would you rather we just accepted the Newcrest slant on things and just sat passively - personally I want us to be an active and effective partner (albeit a junior one) in this development - it's sets us up beautifully and with the team that Shaun is building allows us to continue to grow and hopefully one day look at developing one of our 100% assets - IMO.
ATB - Paddy
With respect I don't think so @Redtrader - if Havieron is of the calibre touted then he will be up to his eyes for the foreseeable future. He would no way have taken the position if he thought that he wouldn't be challenged by the development.
Also we are not privy to any further prospects that may have enticed him to come on board either - whatever the reasons I'm more than happy to see Shaun building the team up - long may it continue.
ATB - Paddy
Havieron is roughly 45km to the East of Telfer as the crow flies, it's closer to the quoted 80km if you follow the route of the road that NCM have applied for.
Makes the much awaited PFS even more relevant and anticipated as the various methods of transportation will be debated and costed in there. A conveyor system on the shortest route could well be the eventual solution when they begin the bulk mining in years to come
ATB y
Newcrest decision to invest at Telfer is making the headlines bigtime.
https://stockhead.com.au/resources/monsters-of-rock-newcrest-approves-life-extension-at-telfer-as-havieron-awaits/