GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
“The continued progress on the Company’s Glenish licence, including the discovery of a substantial new gold anomaly at Corlongford close to the border with the Clontibret licence, is highly encouraging and gives further credence to the estimates of 8.8 million potential contained ounces gold in the Clontibret-Clay Lake-Glenish gold target areas. This is in addition to the 517,000 ounces gold (JORC 2012) resource at Clontibret. I am looking forward to accelerated progress in the coming year as part of a joint venture relationship and the Company is planning accordingly.”
“The Company’s gold exploration programme in Finland is an extension of the Company’s highly successful gold exploration programme in Ireland which has led to the discovery of a new district scale gold trend on which the Company is currently finalising a joint venture agreement with the Koç family owned Demir Export A.S..
https://www.lse.co.uk/rns/WSBN/chairman-of-ftse-gold-index-joins-wishbone-board-ts391fylxy9iovo.html
Arthur Millholland, President and CEO, commented: "We are on track too close the Atomic acquisition on March 15. Post-closing the Company will require sufficient working capital to operate Atomic and its assets according to its forward development plan. These include, commencing on April 1st, a dramatic increase in injected gas volumes (methane and LPG) at the Atomic operated Barron Flats Unit. The institutional investors in this placing recognize the quality of the assets we will acquire under the Atomic acquisition and their value to the Company in this time of strengthening global oil prices."
It means the funds, in depth, are there, both to things rapidly, to do them very comprehensively, and to be able to if, for example, the Fosterville comparison turns out to be correct, well, they have the money to develop that sort of major mine. So it’s really tremendous, it’s really what we’ve been looking for, for many years, I – I must say, far greater than out hopes, so it’s fantastic. And we can, under the terms they’re offering us, we can in actual fact hold on to no less than twenty-five per cent of the mine, and they will provide us with the funds, to do so and take then back out of the profits of the mine, so it’s a very, very, very good deal indeed. They came to us and they offered it and make no if or buts about it it's a much better deal and they’ve got on with it, arranging it and so on.it it was a little bit of a difficult situation; people in the market, very understandably, looking for the news that we’d finally signed off with AAZ and we couldn’t say to them look, we’ve been approached by a far bigger player with a far better offer and we can’t say anything about it though until it’s signed! I can understand some people, in the market, being momentarily disappointed but if they look at it and consider it at all they’ll immediately realise it puts us in a totally different bracket – and we look forward very much now to driving ahean now with the clontibret deposit, and it will be quite a big deposit, but also with all the other aspects of the new district scale gold trend that we’ve discovered. It really is absolutely fantastic to have this and of course we had to keep this confidential that we had had this approach,, we couldn’t say anything about it, but obviously as soon as we signed it, we informed the AAZ people that we would, sadly, be terminating the discussions with them; that it had been a good deal, but this other one is so superior in every way that we just had to accept it.
Drill dates could drop any day now x 2
+ Drill results
Load up while the market is uniformed and unaware
"Finalizing a JV"
Once concluded funded to expand the the current half a million Oz JORC resource into the 8.8+million Oz and potiencially all the way to a funding a producing mine.
Undervalued and poised to rerate on news - the future looks fantastic for CNGR as all of there history comes to maturity and fruition. Loaded knowing the cost of the JV is less the 1% on demir exports profits from last year alone, with millions of Ozs to gain, and should be concluded within weeks. PVS see you there
Loading at these low prices, news is due imminently and were massively undervalued for the current amount of assets, asset sizes, location and poised position. Dyor
“The Company’s gold exploration programme in Finland is an extension of the Company’s highly successful gold exploration programme in Ireland which has led to the discovery of a new district scale gold trend on which the Company is currently finalising a joint venture agreement with the Koç family owned Demir Export A.S.
3D inversion of the Red Setter ultra-detailed magnetics has delineated 3 highly magnetic bodies over an expanded area now covering 3km x 1km.
· Largest individual priority 1 magnetic target has a 1500m strike length with a width of 400m and starts at around 75m from surface.
· Magnetic survey reveals that all magnetic targets are much shallower than 150m-250m depth previously modelled.
· The relatively shallower target depth is strongly advantageous both from an exploration and future development potential perspective.
· The Red Setter Project is located 13km south-west of Newcrest Mining's Telfer Gold-Copper Mine and 60km west of Newcrest and Greatland Gold's Havieron discovery.
https://www.lse.co.uk/rns/WSBN/high-grade-silver-acquisition-in-patersons-range-7jk13trd795edq9.html
Rock chip geochemical sampling results reported up to 298g/t Ag
Mineralisation trends interpreted to be over a 12km strike
Wishbone Gold Plc, the London listed precious metals trading and exploration company, advises that it has signed an exclusive deal to acquire 100% ownership of the 92.19 square kilometres Cottesloe Project in the Patersons Range region of Western Australia (the "Cottesloe Project"). This proposed acquisition will more than double Wishbone's exposure in the well-endowed gold province of the Patersons, increasing Wishbone's tenement holding to 159 km2 from 67 km2
https://www.lse.co.uk/rns/WSBN/excellent-initial-results-from-exploration-zhrx83uwzmp9o2i.html
Grades up to 44 g/t Au (grams per tonne gold) returned from NE Workings from stream sediments.
News rich period to follow. Funded to drill both cottesloe and red setter were either will be trasformative for WSBN going forward with Newcrest seeking new local high profit project's -
https://bmo.qumucloud.com/view/2021-gmm-newcrestmining#/ around 16mins in.
+ Futher results due from the white mountains.
“It is excellent to be able to demonstrate such substantial world class potential. A potential 8.8 million ounces of gold in only the Clontibret, Clay Lake and Glenish areas in the northeast of our 700 km2 of licence area, using conservative grades and drilling success estimates and not including the already defined gold resource of over half a million ounces at Clontibret is a remarkable achievement, which we will build further upon.”
The highest priority magnetic bodies within Red Setter (Referred to as Targets A, B and C in Figure 1) cover an expanded area of 3.5 km in strike length and 1 km in width. The highest order Target A occurs over a strike length of 1500m with a width of 400m and occurs within 50-75m of surface. Results of this modelling shows several north plunging magnetic bodies within this anomaly of equivalent susceptibility (possibly pyrrhotite alteration) to that evident at both Newcrest Mining and Greatland Gold's Havieron and RioTinto's Winu discoveries.
Well already this agreement that we have with Demir Export, it’s a much more advanced agreement in itself, a lot of the work that we the other party details various things like the operatorship and the various duties and how we’ll approach these things, all of that is done to a far more advanced extent than was the previous situation.
JV could drop anytime. Iv already posts the transcript - once it does Conroy will see multiples from the current levels
https://www.wiwo.de/my/politik/europa/lithium-bergbau-wie-deutschland-und-tschechien-von-teslas-lithium-hunger-profitieren-wollen/26775132.html?ticket=ST-2391272-JuO7n5YwDhH1ae3tzAal-ap5
The Zinnwald Lithium Project
• Integrated project designed to
produce a suite of value-
added downstream battery-
grade lithium products
• Mine life of 30 years equates
to < 50% of the current
identified mineral resources
• Project NPV (100%): €428m
and IRR: 27%
• Construction Capex of €159m
Advanced lithium project in the heart of Europe
• Definitive Feasibility Study
completed
• Approved mining licence valid
to 2047 and permitting
process advanced
• Experienced project
management team based in
Germany
• Skilled labour available
• 35km from Dresden,
Germany
• In the heart of the European
chemical & automotive
industries
• Established mining district –
mining history of over 400
years
• Access to infrastructure
(power, roads)
https://www.wiwo.de/my/politik/europa/lithium-bergbau-wie-deutschland-und-tschechien-von-teslas-lithium-hunger-profitieren-wollen/26775132.html?ticket=ST-2391272-JuO7n5YwDhH1ae3tzAal-ap5
The Zinnwald Lithium Project
• Integrated project designed to
produce a suite of value-
added downstream battery-
grade lithium products
• Mine life of 30 years equates
to < 50% of the current
identified mineral resources
• Project NPV (100%): €428m
and IRR: 27%
• Construction Capex of €159m
Advanced lithium project in the heart of Europe
• Definitive Feasibility Study
completed
• Approved mining licence valid
to 2047 and permitting
process advanced
• Experienced project
management team based in
Germany
• Skilled labour available
• 35km from Dresden,
Germany
• In the heart of the European
chemical & automotive
industries
• Established mining district –
mining history of over 400
years
• Access to infrastructure
(power, roads)
Germany based large lithium mine, fully funded for 2021 - I'm buying more while the markets are quite and ZNWD is still sub 25mil Mcap - DFS completed which EMH are looking to do this year. 6x smaller Mcap and around a third of the Mcap of SAV. Value
https://www.wiwo.de/my/politik/europa/lithium-bergbau-wie-deutschland-und-tschechien-von-teslas-lithium-hunger-profitieren-wollen/26775132.html?ticket=ST-2391272-JuO7n5YwDhH1ae3tzAal-ap5
The Zinnwald Lithium Project
• Integrated project designed to
produce a suite of value-
added downstream battery-
grade lithium products
• Mine life of 30 years equates
to < 50% of the current
identified mineral resources
• Project NPV (100%): €428m
and IRR: 27%
• Construction Capex of €159m
Advanced lithium project in the heart of Europe
• Definitive Feasibility Study
completed
• Approved mining licence valid
to 2047 and permitting
process advanced
• Experienced project
management team based in
Germany
• Skilled labour available
• 35km from Dresden,
Germany
• In the heart of the European
chemical & automotive
industries
• Established mining district –
mining history of over 400
years
• Access to infrastructure
(power, roads)
https://youtu.be/rvFM9nWPZWI
I'm heavily in both.
EMH looking to complete their DFS, whereas ZNWD have theirs completed
Alot of key highlights around the growing need and demand of lithium in the EU while ZNWD is posited and primely located.
Fully funded and no reason why it would take time to be updated. Red setter news was over two weeks ago and could be updated of drill contractors selected within days from now
https://www.share-talk.com/share-talk-bulletin-board-heroes-wednesday-3rd-march-2021/#gs.uisz0p
Zak Mir 18p target
23p target for a close about 15p
White mountain results where the first were excellent
Red setter 1.5km x 0.4km x figure 7 from the RNS suggests 100s of meters 13kms away from Telfer and sharing a boarder with newcrest
Today's silver asset with a 13km strike length of fantastic grades.
News rich period to follow
Like GGP sub 1p, still sub 25mil Mcap