Member Info for SeisNav

I was looking at some search trends for another investment and thought it might be interesting to look at the data for Jubilee and its nearest competitors.
https://tinyurl.com/35htv9va
The searches all follow a similar pattern, as you might expect, but more interesting is the geographical distribution of the searches. Jubilee is exclusively UK and South Africa and does not yet appear to be on the horizon anywhere else. SLP has some exposure in US and Canada. It does feel like we are still a bit under the radar at the moment... how much longer can that last?

I posted previously about the google search trends for SEE and SEYE but if you look at the data over a longer time period it’s clear to see that SEE has started to gain more interest over the last three years whereas SEYE has remained at the same level.
https://tinyurl.com/yteyspe6

Last year it was 13th July and the previous 6 month update was 14th January so I would imagine it will be around 13th July again.

A nice little appetiser before the main course next month!

Although the tailings reprocessing industry is massive and there is room for other companies, it’s clear that Leon knows that now is the time to secure those high grade tailings which will bring real value in the years to come. This is another example of just that and I think we will see more of them in the coming months.

I’m guessing that those ratings are purely based on the share price chart rather than on any actual research. If you look at the chart then yes it does look like a momentum trap but as we all know there is much more going on which hasn’t been exposed to the market yet. I’d rather trust my own research that some automated algorithm.

Unless you are looking to trade the share I wouldn’t be concerned about what other people are doing, once the July update is released there will be plenty of people rushing to buy!

Thanks Ella but unfortunately there are no reference points in that image to tie it to anything else.

I’ve added the drilling locations and results on the Cu-Sc ratio map to see how they compare.
https://twitter.com/NavSeis/status/1399449743068180487?s=20
I had planned to do something similar for Cheyeza and Fwiji but I can’t find any maps which show the drill locations. If you know of any please let me know.

Ella, from what I understand, the Cu:Sc method uses the fact that Scandium is extremely stable in minerals and the fluids which dissolved out the copper would not have affected the Scandium. The ground samples taken for assay are dissolved by a combination of acids (4 acid digest method) and the amounts of copper and scandium are measured. Mapping the resulting ratios will show where copper has been depleted and where it has been enriched by the fluid movements. I don’t think is matters if it was copper oxide or sulphide, it is measuring just the element copper.

It is looking more like the Kalaba mining license has been given up so I guess they don’t consider it a priority, or possibly it was a factor in the negotiations... who knows?

One other thing that I was thinking about is the orientation of the fault lines on our prospect compared to FQM. If you look at Sentinel the faulting is along the slope of the dome so I think that fluids would have tended to spread out, resulting in a large but lower grade ore body (Sentinel is about 0.5% I believe). The faulting on our block is down the slope so (to my mind) fluids would tend to pool more resulting in more compact higher grade ore bodies. I’m sure this is a massive over simplification but the grades we’ve seen so far would back that idea up. That could have massive implications for the cost of recovery.

@Apro Anglo American will be very aware of this correlation and also very aware of the potential for an ore body to lie along each of those fault lines in the Upper Roan rocks. If you were going to identify areas of interest just based on rock type and fault lines it would be exactly those areas shown by the Cu-Sc results! We have had to be very patient this last year (well, most of us have!) but I feel that patience is going to be massively rewarded whatever format the deal takes. There is no way that Anglo will walk away from an opportunity as good as this.... where are they going to find another one?

Reposting this for the benefit of anyone who can’t be bothered wading through all the dross today (I’m assuming there’s dross in each of those green boxes):

I've been doing a bit more investigation into the geology of the Kabompo Dome where our licenses are and I found some very exciting correlations between fault lines (necessary for the movement of the mineral bearing fluids) and the Cu-Sc results both for our licenses and at Sentinel / Enterprise.

You can see the fault map of the dome here:
https://twitter.com/NavSeis/status/1398635638593839113?s=20
And overlayed on the Cu-Sc map here:
https://twitter.com/NavSeis/status/1398636572346568705?s=20

To me this shows even more evidence that not only are there ore bodies in our licenses.... they are unlikely to be anywhere else!

I should say I'm not a geologist (although I did study Geophysics many years ago), so the actual mechanism for the fluid movements are beyond my pay grade.... all I know is that some copper will have ended up on the FQM area and some on ours!

Kully, our licenses and Sentinel / Enterprise are on opposite sides of the dome so the fluids would have moved 'downslope' in both directions, some toward the SSE (Sentinel) and some toward the NNW (our licenses). When you look at the map I posted of the Kabompo dome you can see that there are more areas with the right geology and faulting in our licenses than in the FQM license so there is every chance we might have acces to more copper deposits than they do!

Kully, I've always had the feeling that the area around Muswema was a potentially large ore body and the fault lines certainly seem to back that idea up. There are raised Cu values all the way along the fault line in the Upper Roan structure and the length is similar to that at Sentinel. Certainly massively encouraging! There are no major fault lines showing at Fwiji but the map is described as more of a diagram and may not show all of the fault lines. There are also some indications that there might be a deeper ore body on the next fault line to the west of Muswema.... exciting times for sure!

I've been doing a bit more investigation into the geology of the Kabompo Dome where our licenses are and I found some very exciting correlations between fault lines (necessary for the movement of the mineral bearing fluids) and the Cu-Sc results both for our licenses and at Sentinel / Enterprise.

You can see the fault map of the dome here:
https://twitter.com/NavSeis/status/1398635638593839113?s=20
And overlayed on the Cu-Sc map here:
https://twitter.com/NavSeis/status/1398636572346568705?s=20

To me this shows even more evidence that not only are there ore bodies in our licenses.... they are unlikely to be anywhere else!

@Apro, no unfortunately this was just based on a screenshot from the cadastre with an overlay of the Cu-Sc data. There is no way to add anything to the cadastre itself. At the suggestion of Bradley, who has previously done something similar, I’ve also now added the FQM Cu-Sc data for comparison. Personally I’m quite excited about the area around Muswema in particular, that whole bowl of Upper Roan surrounded by Lower Roan has the potential to be heavily mineralised.

https://twitter.com/NavSeis/status/1398281650719629315?s=20

I've created an overlay of the Cu-Sc results from the presentation and added it to the Cadastre with geology turned on. You can see it here if interested:
https://twitter.com/NavSeis/status/1398227090382721028?s=20

The dark blue Cu-Sc values are depleted in copper (mainly in the Lower Roan rocks), light blue to green is normal and red to pink is increased Copper. It's more obvious on this plot that the hot spots are along the Lower Roan / Upper Roan boundary which we have plenty of in our licenses!

I’m hoping one of my other shares comes good before the July update is released so I can add more to my Jubilee pot. I’m 100% sure that update will blow the bloody doors off the share price!

When Colin was talking about Jubilee’s expansion into Europe, he said “when you move into Hungary, Cyprus, Finland....”.
I wonder if they are already looking at possibilities in Hungary and Finland? Seems odd to just pluck those countries out of the air.