Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
jsd71 there is only one mining licence on there which is ours, the other two are for prospecting.
Beaub1 how old are you 21 if so you might just make it.
https://insideevs.com/news/491031/jaguar-looking-partner-help-develop-future-ev/
What numbers are on lse board who never joined fshg I am one, how many investors invested in FRR who have never been on lse how many have put them in a bottom draw and forgot them the, number could quite high in private hands.
I read your post on the other board this morning I am invested in ECR also underwater here, has this bod changed for the better as it use to be lifestyle co as I was thinking averaging down.
D2C2
Before Georgian Mining Corporation the company name was Noricum Gold they had gold mines in Austria nobody seems to no what happened to them, maybe this is why the market do not have belief in this company.
Before you think I am deramping I have been in this share since Noricum not 5 mins like some on here, they lurch from disaster to another disaster hopefully they have got it right this time.
Cadence owns 30% of 3 Mining Leases, 6 Exploration Licences which form part of the Yangibana Project, Hastings holds owns 70% of these leases and licenses.
The definitive feasibility study published in 2017, modelled two production scenarios the second of which had included within it 808,000 tonnes of plant feed from one of our joint venture areas (Yangibana) in year 6. This production target and additional production target from the definitive feasibility study indicates that 11% of the plant feed will come from our joint venture area[1].
The funding announced by Hastings represents the large majority of the equity component required to commence the development of the Yangibana Project, which includes the mining and of our joint venture areas.
The economic model contemplated by Hastings[2] assumes Cadence through its subsidiary will participate in the and mining of the deposits held 70% by Hastings and 30% by Cadence. Assuming there is a development of the mine by the joint venture a new Mining Joint Venture Agreement will need to be agreed and put in place to replace the existing joint venture documentation and regulate the arrangements between the participants for the mine development. No costs or revenue ascribed to 30% interest in the deposits held by Cadence were reported in the financial modelling published by Hastings.
Further details of our ownership the mineral resources and reserves on our jointly held leases can be found at:
https://www.cadenceminerals.com/projects/yangibana-rare-earth-project-2/
Highlights:
-- Hastings has received commitments to raise $100.7 million (before costs) through a two-tranche placement priced at $0.19 per share.
-- Placement funds will be used to advance development of the world-class Yangibana Rare Earths Project.
-- Strong institutional demand reinforces confidence that Yangibana will become Australia's next rare earths producer.
Upon settlement of both tranches of the Placement, the Company will have a cash balance of approximately $120 million (before costs).
As previously announced to the ASX, the equity component of the Yangibana Project's capital cost is $124 million.
The full HAS release can be found at: https://investi.com.au/api/announcements/has/8a07d081-700.pdf
Cadence Minerals Yangibana Holding:
Cadence owns 30% of 3 Mining Leases, 6 Exploration Licences which form part of the Yangibana Rare Earth Deposit. Hastings Technology Metals owns the remaining 70% ("Hastings"). Further details of our ownership of the mineral resources and reserves on our jointly held leases can be found at:
https://www.cadenceminerals.com/projects/yangibana-rare-earth-project-2/
The current mine plan anticipates production to start from our joint venture area (Yangibana) in year 6. The production target and additional production target from the definitive feasibility study (November 2017) indicates that 11% of the plant feed will come from the joint venture area license o
Out
It would have to be a trilogy you would not get all these shenanigans in one film it would 12 hours long.
Check on the FRR board there has been new info.
In the last placing a unknown party paid £600,000 for shares @ 0.85 which is 70m+ shares which is 30m more than Artemis they have a TR1, The unknown have never disclosed their name or a TR1 thoughts any one.
he information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"") (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
29 January 2021
Rockfire Resources plc
("Rockfire" or the "Company")
Plateau resource surges 515% to 208,278 ounces gold
Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to announce that the Company's 100% owned Plateau Gold Deposit, in Queensland Australia, has surpassed a JORC (2012) Mineral Resource of 200,000 ounces of gold. This represents a 515% increase in gold ounces since the Company's maiden JORC (2012) Mineral Resource reported previously in July 2019.
Highlights of the Plateau JORC Mineral Resource:
-- The overall gold envelope at Plateau (grades above 0.2 g/t Au) has resulted in an Indicated and Inferred Mineral Resource of:
11.4 Million tonnes @ 0.6 g/t Au and 4.0 g/t Ag
208,278 ounces of gold and 1.5 Million ounces of silver . *
-- Within this envelope, and using a higher cut-off (grades above 0.5 g/t Au), the Indicated and Inferred Mineral Resource is:
3.9 Million tonnes @ 1.1 g/t Au and 6.4 g/t Ag
131,302 ounces of gold and 800,000 ounces of silver. **
-- Using the same 0.5 g/t Au cut-off, a subset of the Mineral Resource at shallow depths (0-100 m) is comprised 81% in the Indicated category and 19% in the Inferred category and could potentially form an early, open cut mining opportunity.
1.4 Million tonnes @ 1.2 g/t Au and 8.8 g/t Ag
53,336 ounces of gold and 390,000 ounces of silver.
-- The above 53,336 ounces of gold could conceivably form a low cost, early, open cut mining operation and Rockfire is working vigorously to pursue such opportunity. Any future production could benefit from Plateau being in proximity (within 50 km) of several operating gold processing plants by minimising capital costs for mine development.
Many thanks for sharing the update Looed, and all the research and time you have dedicated in the past.
Posted by Orion
The Ragged Range project -which I acquired and sold to Thor- is exciting but the potential of copper in the new area I call Split Rock might be even more exciting. Stay tuned - and watch for news on copper in the agglomerates when the exploration program gets in full swing next year.
Thanks Barsky and happy birthday.
What has happened with greenland resource nothing on website?
Found this report
SUE OF SECURITIES
The directors of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR) are pleased to advise completion of the acquisition of additional licence areas (one of which is under application, pending approval) adjacent to Ragged Range in the Pilbara region of Western Australia. Thor previously advised the execution of a non-binding Terms Sheet for this acquisition on 23 November 2020.
Thor shall issue new ordinary shares of 0.01p each ("Ordinary Shares") and options to acquire Ordinary Shares pursuant to the agreement, and will also issue new Ordinary Shares in negotiated settlement of broking fees, resulting from the acquisition of the US uranium and vanadium assets completed in September 2020.
Highlights:
-- Two licences (E46/1340 and E46/1354 (application)) include areas over, and surrounding, historical small scale gold and copper mines.
-- New licence area increases the Thor exposure to potential granite contact deposits, complementing the mafic/ultra-mafic contact exposure dominated by the 13 kilometre gold zone previously reported (Figure 2 THR:ASX 21 October 2020).
-- The newly acquired tenure is considered highly prospective for shear hosted gold mineralization along the granite contacts to the north and hydrothermal copper mineralization associated with the felsic porphyries intruding the mafic Euro Basalts in the north- east.
-- Thor to issue 12,500,000 million new Ordinary Shares and 8,333,000 options to acquire Ordinary Shares @ A$ 3.0cents per Ordinary Share, expiring 10 November 2022 in payment of the Initial Consideration.
-- Thor also to issue 6,000,000 new Ordinary Shares in negotiated settlement of broking fees, resulting from the acquisition of the US uranium and vanadium assets completed in September 2020.
Mick Billing, Executive Chairman of Thor Mining, commented:
"We are delighted to complete this acquisition and add to our holdings adjacent to Ragged Range where we have made very encouraging progress this year."
"Our sampling programs and airborne magnetic survey results to date have produced exciting and encouraging results, with a further sampling program, along with assessment of drill program access requirements to commence shortly."
ACQUISITION AGREEMENT
The acquisition consideration comprises:
-- Initial Consideration
-- 12.5 million Ordinary Shares in Thor;
-- 8.333 million options to acquire Thor shares @ A$ 3.0cents, expiring 10 November 2022;
-- Thor to transfer 100% of its interest in E52/3679 (WA licence under application with a value in the Thor accounts of approximately A$4,400) ;
-- Net Smelter Royalty of 1% from production from each tenement area.
-- Milestone consideration
Timeless was not a poster on THR he was big on MTR so was orion I was talking about MTR board how do you work out I mean this board.