The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Please note from last RNS......."and structural work" Any pictures of the "structural work at Clontibret"????????? Has anyone seen any structures? What sort of structures?? Professor Richard Conroy, Chairman, commented: “I am delighted that this newly available historic data adds to and correlates so closely with our recent drilling and structural work at Clontibret and adds to our understanding of the gold deposit and its potential size and grade.”
With digging an drilling over the last 20 year should not be much of the area left to drill in. Should be notices all over!" WARNING! Beware this area is full of pot holes. Visitors explore at their own risk !!!" At least in the event of excessive rain fall there are enough holes to take potential flood water.
rns Sept'14 * In-house Preliminary Estimates of Capital Costs of US$41,493,000 And Operating Cash Costs of US$35/tonne ore. So here is an est. capex and opex cost. But I can't see any mention of EIS. In rns Jan15 '14 it mentioned PEA (Scoping Study) by Tetra Tech. prior to a PFS. There appears to still be a lonnnnnnnnnnnnnng!!!!! way to go.
On 22May 2000 a placing was made at 25p and companyshown as a markt cap of 3.55m Exploration had been going on sometime before all this and from the year 2000 placing ,is still ongoing after 17 years come May this year. I got in as 6p many years ago. After last placing reckon I am down 99% thereabouts. still no nearer EIS. have a little look at these needs: The Minerals and Metals exploration regulatory process in Ireland There are a number of regulatory steps which apply in Ireland for those seeking to carry on minerals or metals exploration. Licenses are issued and activities are regulated by the Exploration and Mining Division of the Department of Irish Department for Communications, Energy and Natural Resources. 1. Prospecting License This is typically issued within 6 months of application. The Prospecting License (PL) gives the holder the right to explore for the minerals or metals referred to in the license. Only holders of current licenses are considered for Mining Facilities to develop such minerals within the license area, whether the minerals are State-owned or privately-owned. A Prospecting License typically covers some 35 sq. km. Prospecting Licenses are issued for six years for specified minerals and are renewable. A minimum work programme commitment from the license holder is also required, details of which are agreed with the licensee. Progressively increased work and expenditure commitments are required on renewal. Work reports are required every two years, and are held confidential for six years or until surrender of the license (if earlier). 2. Mining Licenses and Mining Leases According to the Department it is estimated that about 60% of minerals in the country are owned by the State. However, the exclusive right to work minerals is vested in the Minister under the Minerals Development Act 1979, with the exception of a very small number of mines that were in operation in 1978. Regardless of ownership, therefore, mining requires a permit from the Minister. This may be a State Mining Lease under the Minerals Development Act 1940 for minerals in State ownership. Alternatively a State Mining License under the 1979 Act is needed for privately owned minerals. These two permits are collectively referred to as State Mining Facilities. The Minister will only accept an application to mine minerals or metals from the holder of a valid Prospecting License or State Mining Facility over the area in question. The application fees are set out in S.I. No. 259 of 1996 – Minerals Development Regulations, 1996. The information and documentation needed to support an application may vary in individual cases and will be confirmed by the Exploration and Mining Division. State Mining Facilities are generally negotiated on a case by case basis as required by the Minerals Development Act, 1940. Generally the Department insists on conditions requiring prevention of subsidence, compliance with best practice, ensuring fu
Yes I did pre2008 no more since then!! Did you see the latest alleged news ? "Due to unprecedented hole drilling along the Irish border the population in the area has now been warned of a possible- sink hole- appearing"
for more news of action? Maybe some may like to while away the time having a good read of this. It could give you more idea of the magnitude of the investigations and deliberations appertaining to where CGNR is at currently- add on the need for a LOT more money.GLA halpy.com.au/wp-content/uploads/2014/06/EnthalpyCorporateProforma1100-The-Use-and-Abuse-of-Feasibility-Studies.pdf
Let's get real here. No big player is likely to put big bucks into this until there is reported a proven and passed EIS ....plus.... notification the go ahead to go into production, and news a plant is actually being built, and where!! The whole area must by now be a danger zone with so many holes having been dug over the past years!!! LOL. I doubt there will be a producing mine in my life time.
John JJ you have missed your vocation. You ought to be on the BOD as you are the only one so far as to get the prof to admit he does actually have some kit to do the job! Slowly slowly catchee monkey!. However I don't think much of my chances of ever hearing of Gold actually seeing the light of day as I am in not too good of health as possibly the Prof is. I am just a nod off of 86( God willing), so guess my kids will have to say Yipee! for me if Gold ever happens.
IMHO I do not expect to hear of a partner until we have rns that states an EIS has been put forward and the application approved. You also need a lota- lota money! for power/ water/plant /paving and on-going running costs ad nauseam etc I am also thinking of taking bets on who will likely see this come to fruition the Prof or me!
Good day all. For your further education on a few facts that quite a few might be asking ie " how much longer?" Here is a read on an investigation that makes it a plain easy read. I will not pick out the most salient items but leave you to trowel steadily through the article. You can then work out you own opinion as to how long. Personally I have come to the point of...." How long is a piece of string?" http://www.zealllc.com/2016/gjnrsdq4.htm
GOLD COST interesting read while you wait-wait- wait! https://www.explorationinsights.com/pebble.asp?relid=3443