Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://www.miningnewsnorth.com/story/2024/05/03/northern-neighbors/burgundy-starts-year-with-bountiful-quarter/8502.html
Lahtojoki permission in less then 18 days
Fancy 7 % of which 3% pinks
Bulk sampling can begin
Very quickly becoming increasingly interesting
Prof was suited and booted in the interview and more so then normal ( normally conducted interviews from home)?
He hardly gives interviews from the office in since Demir arrived
AGM he couldn’t walk unaided (90)
Why the rapid exit talks ? Someone else waiting in wings?Exit negotiations could be concluded in your PJ on the sofa 🤔
I was invited to City of London by Peterhouse week before last for KDR presentation
Prof daughter flown over from 🇺🇸
Cathel and Kevin were doing a cracking presentation
Regardless of the situation with Demir plus also anyone’s opinion on grades here 👎👍
Commercial or otherwise..
Something very proactive is going on here , the complete opposite to falling apart.
Hence after 11 years watching 👀 Cgnr I took up a position here this week.
Demir a private company and don’t have to disclose anything to market.
Further results are coming soon and that might not just be gold ?
Northern Ireland found (KDR ) possibly Nickle platinum copper.plus gold grains
Possibly CGNR could have similar in Ireland 🇮🇪
Two gold districts could attract someone like Rio Tinto
They did have a back back in rights with KDR for Diamond discovery but as part of that deal was 3 mil oz of gold
CGNR two gold districts and 8 licenses of some of the richest gold area in Finland 🇫🇮 plus Copper?
KDR kuhmo. Green diamond possibilities of new world class emerging province
Lahtojoki full mining permit expected 21st May 24
750 Sq KLM Northern Ireland Base metals
Sisters are doing for themselves
Imho. Game on !
.
Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets – comments that may disappoint industry observers anticipating another spate of mining dealmaking.
The world’s second-largest mining company is looking to reach copper production of one-million metric tons within five years, up from about 700 000 t. The increase would come as Rio Tinto ramps up in Mongolia, expands in Utah and engages in exploration around the world, including a venture in Chile with Codelco
Rio Tinto is ready to take the leap into gold mining on its huge land footprint in Western Australia as prices for the precious metal soar to record levels.
The resources giant said its tenements in WA’s Paterson province could support multiple gold and copper mines based on initial drilling results and the proximity of highly successful Newcrest Mining gold operations.
Hmmmmmm
FINLAND
values, of up to 4,470 Au ppb, and copper-in-soil values. Gold grains have also been observed in the till.
The presence of the Nattanen granite suite and extensive haematitic alteration together with regional and
CGNR
SISTER KDR
NORTHERN IRELAND
The results of this programme, taken in conjunction with results from the previous programme,
indicate a highly anomalous river catchment area. This area has yielded five samples each having
over 1,000 indicator minerals. The indicator minerals are primarily Chromite and Forsterite with
some Chalcopyrite and gold grains.
In addition, microprobe analysis on a number of Chromite grains from samples taken from this area
during the original sampling programme in 2021 showed that four samples had Chromites with high
zinc oxide values. Such high zinc oxide values can be a signature of sulphide rich Nickel-Copper
Group Elements deposits. It was also noted that a number of the Chromites have inclusions of iron,
nickel, sulphur as well as on the Chromite margins, which is significant as it indicates the presence
of nickel mineralisation.
CGNR TWO GOLD DISTRICT'S .FINLAND EIGHT GOLD/COPPER LICENSES
KDR DAIMONDS ,KUHMO Lahtojoki ,750 sq,klm Nickle Copper and platinum (early days )
Even Rio Tinto would be sniffing for both companies
DRILLING TARGETS CONFIRMED ON FINLAND GOLD CLAIMS
High resolution ground magnetic survey completed
Potentially gold bearing structures identified
Survey delineates multiple prospective magnetic targets for drilling
Applications to be made over other gold and copper targets identified in Northern
Finland
Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and development company
focused on Ireland and Finland, is pleased to announce the completion of a detailed high resolution
ground magnetic survey which has identified a series of drilling targets on its gold exploration acreage in
the Sodankylä area of Northern Finland. The Company holds a total of eight gold exploration licences in
Finland.
The high resolution ground magnetic survey data, in combination with multiple datasets, including
geochemistry, aerial photography, digital elevation data and airborne geophysical data, has delineated a
series of prospective drilling targets.
Previous geochemistry in the Company’s permit area in Sodankylä has been encouraging with gold-in-soil
values, of up to 4,470 Au ppb, and copper-in-soil values. Gold grains have also been observed in the till.
The presence of the Nattanen granite suite and extensive haematitic alteration together with regional and
local structural controls indicate Iron Oxide Copper Gold (“IOCG”) prospectivity.
The targets shown by the ground magnetic survey include two highly magnetic bodies, which are
considered to be IOCG targets, together with a series of targets which are interpreted as being Shear
Zone Hosted Gold targets.
The detailed high resolution ground magnetic survey consisted of 33 lines at 100m separation, ranging
from 1km to 3km in length, for a total of 49 line kilometres covering an area c.4.5 km2
.
Finland is a mining friendly country with established mining traditions and highly prospective geology for
gold. Europe’s largest gold mine - the 4 million Oz Au Kittila gold mine - is situated in Northern Finland
where the Company’s permit area is located. Finland has a favourable business climate, security of tenure
and fiscal framework as well as excellent infrastructure and technical services readily available.
The Company is reviewing the results of its extensive exploration programme for gold in Finland which
has included the collection and analysis of more than 2,300 regional samples, with a view to applying for
further gold exploration acreage in Finland.
This release has been approved by Kevin McNulty PGeo, who is a member of the Company's technical
staff and holds a BSc/MSc in Geology and Remote Sensing, in accordance with the guidance note for
Mining, Oil & Gas Companies issued by the London Stock Exchange in respect of AIM Companies,
which outlines standards of disclosure for mineral projects.
Professor Richard Conroy, Chairman, commented:
“The Company’s gold exploration programme in Finland is an extens
Demir has left and CGNR are hoping for A BIG Major incoming, considering the size of Demir (no small concern )
Must be a Major Major coming in next ..........😲
The old 🦊 has out foxed the 🦊
All seemed like it was a rush and Prof even seemed to coming to terms with it in interview
Relaxed !!! wasn’t angry or disappointed only personal with Demir staff 🤔was heading back home..
We are sending out a message but it only happened yesterday 🤔 ……..He stated…
What if Demir was bought out by a major ???
Jv !!Only part ( agreed)of the termination deal was smelting to recoup investment.@2% capped,seems very strange 🤔
Demir is a private company and doesn’t have disclosure its agreements of any nature…
Not saying it’s the case !!
But nevertheless it’s possible with a smelting agreement certainly confirms it’s of a commercial nature ….??
Prof ref Demir geologists could return at later date 🤔
They know where the gold is after all , .
That could also be agreed upon an exit.
Very interesting months ahead
But that aside
Both CGNR and KDR could have a low stripe mine coming then go on to prove up the remaining licence
Plus cash flow from the mine .
Each sister has a low strip mine ⛏️ coming???
Cgnr stock box today saying they want a mine up and running .currently no permit?
Kdr
Lahtojoki full permit next 6 weeks time 🙏
We could be in pole position
Both sisters are actively working to bring in a mine each
Lahtojoki should be first in?
Wow
Each sister could have a low strip mine ⛏️ coming??
☘️🇫🇮🤔💰
Plus many other licensees ready ⛏️
Picked up 150k cheap as chips
🤣🤣🤣🤣🤣🍆👌
Holders of KDR exchanging for CGNR ????
NICE ,..........
Your only a token punter says it all 🤣
🙄
New podcast SUNDAY ROAST CGNR TODAY .The message is loud and clear 100% owned licenses are vital
KDR HAS 100% ALL LICENSES
GREAT TIME FOR US LAHTOJOKI
New podcast sunday roast out