Member Info for Positivevibes

“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.”

Approach by Demir Export A.S. proposing Joint Venture Partnership Letter of intent signed with Demir Export Discussions with Anglo Asian Mining plc ended Demir Export to expend in work commitments (except Demir Export in-house costs, Operator fees and Minimum Regulatory Work Commitments) of €4.5 million to earn-in 25% option in the project in first phase of earn-in period Demir Export to expend in work commitments (except Demir Export in-house costs, Operator fees and Minimum Regulatory Work Commitments) of an additional €4.5 million to earn an additional 15% option in second phase of earn-in period, again in the project Expenditure by Demir Export of the additional funds required to reach construction-ready status to earn-in an additional 17.5% option in third phase of the earn-in period of a given development thus increasing Demir Export’s holding to a total of 57.5% in that development At construction-ready status at Clontibret and /or other developments, Conroy Gold to retain 42.5% interest with various options including a “Carry Loan” on capital expenditure to commercial production whilst still retaining 25% interest Under the terms of the letter of intent, Demir Export to make cash payment of €1 million to Conroy Gold on final approval of the definitive agreement

The Longford –Down Massif is an extremely significant and scalable opportunity where we have already demonstrated an existing JORC compliant gold resources of 517,000 ounces and a series of targets across a 65 km long district scale gold trend.

We consider there is substantial potential to increase our compliant gold resource, accelerate Clontibret mine development and also to test the geological comparability of our Clontibret deposit to the Fosterville deposit in Victoria, Australia, where the occurrence of visible gold is becoming increasingly significant at depth.

We are looking forward to an exciting year ahead and to a joint venture partnership accelerating the development and further exploration of our district-scale gold trend.”

Agreed Pedro - show me another aim market gold company with a 500k JORC resource - constant talk of evidence of 8.8 million Ozs - 11mil Mcap - once the JV is announced we should see a 25 mil Mcap+ before drilling starts

Figure 7 from the RNS suggests the target is 100s of meters deep - I think the majority of herd investors can't see that from themselfs. WSBN has major potential upside and is fully funded to drill at red setter next. Surrounded by some of the largest producing copper and gold mines in Australia - we're sharing a boarder with newcrest and 13kms away from Telfer the largest copper mine in Australia

https://www.londonstockexchange.com/news-article/WSBN/new-gold-targets-defined-at-red-setter-project/14869263

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.

Target A - 1500 x 400 x depth? For every 100ms = 60 million cubic meters of identifed magnetic target + targets B and C -

Fully funded to start drilling shortly to create a maiden resource - find out how much exactly - gold or copper - and grades. 13kms away from Telfer that has mined over a billion pounds worth of copper - and we share our boarder with newcrest. Like GGP sub 1p

Additional White mountain results also - where first results were excellent ( up to 44g/au )

Fully funded

RNSs on both over the coming weeks

Like GGP sub 1p

https://www.londonstockexchange.com/news-article/WSBN/new-gold-targets-defined-at-red-setter-project/14869263

We boarder Newcrest - and are neighbor's are Telfer GGP Rio tinto and other billion pound Mcap companies

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.

Target A - 1500 x 400 x depth? For every 100ms = 60 million cubic tone identifed magnetic target + additional targets

Fully funded to start drilling red setter shortly

WSBN has the potential to be one the best stocks of 2021 and beyond ???????

White mountain results also due

That's why they received UNSOLICITED APPROACHES already!! Keep trying Garry Graham ;)

Large delayed trades. Once the JV is announced Conroy should see a 25 mil Mcap ++ before drilling starts, proving up the commonly mentioned 8.8 million onces and adding to the 500k JORC resource

https://youtu.be/QBRWhTcbWkE

Exactly, 1500 x 400 x 100m ( and we have more than 100ms depth ) is 60 million cubic tones - from the 1st high priority target - sub 25 mil Mcap

Fully funded for drilling soon

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.

Chairman of the FTSE gold index or one of the many majors around is to JV with afterwards.

No brainer investment for multiple x's going forward. 13 Kms away from Telfer who have mined of 33 MT of copper - I believe WSBN will be one of the beat stocks of 2021 and beyond

13*

11kms away

The Telfer Mine is a gold, copper and silver mine located at Telfer on the land of the Martu people,[1]:7 in the Great Sandy Desert of Western Australia. It is owned by Newcrest Mining, "the largest gold producer listed on the Australian Securities Exchange."[2]

Telfer Mine
Location
Telfer Mine is located in AustraliaTelfer MineTelfer Mine
Location in Australia
Location
Telfer
State
Western Australia
Country
Australia
Coordinates
21°42'30?S 122°13'40?E
Production
Products
Gold, copper, silver
Production
14.1 tonnes (451,991 troy ounces) of gold
15,025 tonnes (33 million pounds) of copper
6.6 tonnes (211,869 troy ounces) of silver

When completed this survey will cover the entire Red Setter project area down to a depth of approximately one kilometre. This will provide a considerably more detailed picture of the property than the government survey data which we have had up until now.

Analysis of the processed data will take up to 2-3 weeks.

The 57.4 km2 Red Setter Project is located approximately 13 km south-west of Newcrest Mining's Telfer Gold Mine and about 60 km west of Newcrest and Greatland Gold's Havieron discovery.

"The third party analysis on Red Setter has already identified 4 clear magnetic targets over a strike length of around 2.4 kms and work currently being undertaken will provide drill targets for the first quarter of next year. One of the attractive aspects of Red Setter is the relatively shallow depth of the main prospects at 150 - 250 metres below the surface."

We've had the chairman of the FTSE gold index join our board - why?

He joined at the time we await magnetic survey results 2.4 Kms wide and 1km deep - next to GGP and Telfer - two Major's - notable that GGPs is less that 1km wide -

And also while we wait for further results from the white mountains were the first results we excellent.

I agree we're awaiting a big RNS to find out why and futher updates on Both assets.

To be part of the FTSE gold index, you have to be a producer of over 300,000 ounces per annum - I'm very excited to find out what he wants with us.

Significant amount of upside for the current 11mil while we wait for the JV agreement that could be announced imminently. The last two RNS have strengthened the likelyhood and made a Conroy even more attractive. Also providing for confirmation of gold in multiple places outside of the current 500,000k proven resource. Currently undervalued and will keep loading

Professor Richard Conroy, Chairman, commented:

“ These positive geophysical results at Cargalisgorran on the Company’s Clay Lake gold target located 7 km to the northeast of the Clontibret Gold deposit, complement the results recently announced (4 February 2021) at Glenish, 7 km to the southeast of Clontibret.

The Longford –Down Massif is an extremely significant and scalable opportunity where we have already demonstrated an existing JORC compliant gold resources of 517,000 ounces and a series of targets across a 65 km long district scale gold trend.

We consider there is substantial potential to increase our compliant gold resource, accelerate Clontibret mine development and also to test the geological comparability of our Clontibret deposit to the Fosterville deposit in Victoria, Australia, where the occurrence of visible gold is becoming increasingly significant at depth.

We are looking forward to an exciting year ahead and to a joint venture partnership accelerating the development and further exploration of our district-scale gold trend.”

The JV will fund the majority of work going forward. Since the presentation, cgnr have had 2 positive RNS ls strengthening the likelihood and the last we heard was in the hards of the lawyers.

11m Mcap is already undervaled with the way things are shaping up. Especially with the last paragraph

I believe substantially more!

The JV funds Conroy through multiple phases of drilling, all the way through to the decision to construct a mine - Both parties are looking to confirm the frequently mentioned 8.8 million Ozs and potentially 20million Ozs + mentioned in the below video -the JV derisked the year/s ahead and will see Conroy move up triple digits ( sub 30mil Mcap ) once announced and Significantly more if they find anything near a 2 million Ozs++

Major up side asimetrical risk reward at these levels, while the JV could be announced anytime now. Have a good day all, I believe cgnr has a fantastic 2021 ahead

The FTSE Gold Mines Index Series is designed to reflect the performance of the worldwide market in the shares of companies whose principal activity is the mining of gold. It is intended to supply gold investors and analysts with an accurate reflection and comprehensive coverage of the global gold markets. The index series encompasses all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 51% or more of their revenue from mined gold.

Richard Poulden, Wishbone Plc's Chairman, commented,

"We are very fortunate to have Sam join the board of Wishbone. His extensive fund management experience gives him an insight into the structure of many deals which have been concluded across the industry. His knowledge of this and of the global gold industry will add significant value as we move to explore and develop our exciting portfolio of assets."

Commenting on his appointment David Hutchins said,

"I am honoured and excited to be joining the board of Wishbone following the expansion of its gold exploration portfolio in Australia. I look forward to helping the company grow and develop those assets for the benefit of shareholders."

Maybe the survey has brought back something world class, the was already 4 identified priority magnetic targets. During the delay we have the chairman for FTSE gold index join. Gold companies included the FTSE gold index have to produce 300,000 k Oz per year, what would he want with WSBN? Smoke

https://youtu.be/QBRWhTcbWkE

2.23 15-20 million onces

Under the HoT Anglo Asian has the option to meet certain necessary expenditures, including drilling and other technical requirements, environmental studies, final feasibility studies, land acquisition (up to an amount to be agreed), planning application and permission and mining permitting to bring the gold deposit at Clontibret (or at any other agreed location on the Company’s licences in the Longford – Down Massif) to a fully permitted mine construction ready status and spend a further €3,000,000 on exploration work across the other Joint Venture Companies (including meeting certain expenditure commitments over the next three years across the licence portfolio) to fully earn and retain a 55% working interest in the Joint Venture Companies.

https://twitter.com/StockBoxMedia/status/1352156641446260736?s=08

https://twitter.com/MattWar47152646/status/1354013942855696384?s=08