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Hi BB,
All is looking very good in the Pilbara...... 8 rigs still spinning 24 seven..... VERY large system....lots of infill happening.... still expanding the footprint. Maybe i underestimated the size in last post...
Red.

Hi All,
Ramelius have just paid $436 US per resource oz, for the Penny west deposit in West Australia. ( Spectrum Metals)
Slightly different kettle of fish, but demonstrates the hunger for gold and the price companies are prepared to pay .
All looking good. :)

20 million plus ozs .....all good . :)
Not sure what the sp will be at that .... but seems 20 p not unreasonable. ( just for hav )
Great stuff and great research by the faithfull.
Reddirt.

Yes,
It simply means that the drilling to date , has NOT exhausted the possibilities that the mineralization extends further north, and at depth. ie more ounces.
In fact, if you are an optimist, it very likely does extend. And i am an optimist.... :) ALTB.

Hi Paddy,
Great work you have been doing.
I have kept quiet for a while, but still read nearly every day. I am a long term holder,and have a significant holding, at least for me, of several mill shares .... but i have a feeling that we have achieved 20m ozs already, plus the advantage of metallurgy already started, flora and fauna, native title , etc.
Newcrest want the deposit asap,and are ensuring all the mine dept regs are in place over here, to coincide with their proposition to mine. This thing is open to northwest and at depth...
World Class my friend.
Red.

Hi GI,
20 million ozs, plus, my friend....all good !
Red.

Hi BTB,
Im leaning to upper end of your estimate (or above),
Red :)

Well done to all the LTH !!! This is going to be 20 million ozs, plus. I would expect an announcement from ggp today on these very exciting results.
Some great research and insights by some hardworking and knowledgeable people on this board.
(you know who you are)
Great Stuff.
Reddirt.

Chart,
You have nailed it... great info.
Red. :)

Welldone Jenny...amazing widths of mineralization! The AGM is going to be a cracker......
Red :)

Nice pic of GH and CB :)

Hi Tim,
The guts of the article is ..... " Newcrest is excited about the prospects of its JV with the London based explorer Greatland Gold. .... Newcrest struck a 90 million farm in,to explore the Haveiron prospect some 45k from Telfer, after Greatland revealed stunning intersections at Haveiron.....Perhaps employers at Telfer can take heart that their employer is in it for the long haul " " The aussie explorer has other exploration farm in agreements in the Paterson and the BUll hears it is eyeing more "
Nice :) Red.

Hi Timid,
Not sure if you guys have seen the article in The West Australian on Saturday ?....nice piece re Telfer and GGP.

The people i have spoken to this morning agree that this orebody is hugely exciting, and quietly saying a Tier 1.
Great work by CB, GH, and their team.
GLA. Reddirt .

Hi Apps,
Not sure if there are 6 rigs there at the moment.... but the chat is the 6th rig is RC to help with the precollars for Diamond.
The other rig ( 5th or 6th) is metallurgical. I think i may have posted prev that met work was probably being done...so there are no gremlins in the ore.
I have already stated I believe we are " way" past 3 mill ozs... hopefully I can get a friend to do some 3d on what limited info we have , and come up with a model, soon. All good :)

Re Numis note...so they only think about a third of the "pipe" is mineralized....not sure how they came up with that calc?
Can anyone shed some light? GLA.

Hi Tom,
Dont worry about this share ...even if you have put the "house on" at these prices you will make money...so long as you have the missus permission of course, to put the " house on " !! :)

Hi Paddy,
Pretty sure the BH assays will come back nice and anything over 0.5 gram au in bulk tonnage will be good.........Dont forget they already would have an idea with the xrf. Xrf of course is more accurate with Cu than Au.. therefore they will be looking at broad mineralization to give them an initial idea of the potential. We are all awaiting the assays...but I do recall when Range River had BH, they believed it had the " potential" to become another Telfer.
But in my opinion, BH is just a top up, Hav is the BIG BIRD.... :)
GLA

Hi Jerry,
Yes, its the bleeding obvious.
LTH carr.. ching.... :)

Hi Paddy,
I think BH will be a system that Newcrest will want....hopefully adding a few Au Kozs as well Cu.