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"...Simply put, a gold mining district is several deposits across an area of land.

The size of that area of land, according to Ben Davis, a mining analyst at Liberum, is anywhere that is “trucking distance, so roughly 30km-40km”.

Of course, when a company discovers a district, it is usually through testing areas neighbouring an existing mine.

So, an area that has district potential would be a relatively underexplored part of the land within 40km of an existing deposit that has the potential to offer up more gold.

As Davis put it, “the best indicator of gold, is gold,” so companies are likely to test the area near a confirmed deposit to see if more of the resource can be uncovered..."

https://www.proactiveinvestors.co.uk/companies/news/979520/what-is-a-gold-mining-district-979520.html

Red Setter is just 13 km south-west of Newcrest Mining's Telfer Gold Mine.

Up another 1% today and currently @ $1970...

Up another 0.7% to $1960 so far today...

Newcrest now up 2%
Artemis up 2.9%
Antipa up 2%

VanEck Gold Miners ETF up 3% on Friday
VanEck Junior Gold Miners up 3.2% on Friday
Newcrest Mining up 1.8% currently

I wonder what GGP will do today? Not holding my breath...

Just a bit of fun! There are two 'Gold's' in the Grand National running today:

Two For Gold - Currently @ 40-1
Agusta Gold- Currently @ 80-1

Long shots, yes, but I'm definitely going for a (J/ V) each way punt on 'Two For Gold'

DYOR & GLA!

Many thanks GGPT! It's getting crowded out there, but, is that any surprise?!

https://www.investi.com.au/api/announcements/rcr/8b4a66ee-2cf.pdf

I compare it to like when I was a kid (Many, many years ago!), when I had an amazing water pump rocket! You'd basically pump it up and up, and eventually it'd rocket skywards.

I see the GGP sp as much the same....Every new Havieron drill result is relentlessly priming the pump. The problem is that the 'manipulators' are either restraining the pumper, sticking holes in the pipe from the pump to the rocket, or just physically holding the rocket on it's launch pad!

We all know that the 'manipulators' will eventually be punched out and/or have their fingers burnt, so they can't have any more effect on the rocket.....Which will soar high, and increasingly so, as they desperately attempt to fight against science!

PS: I haven't opened a bottle quite yet...DYOR & GLA

Cheers CastleT!

Newcrest up 2.8% today; Artemis up 2.9%; Greatland Gold, as per yesterday, basically static!

What's new...LOL!

As mralian says, these will only be test drills. Havieron is probably one of, if not the biggest, gold/copper mother lodes in a generation or more. Newcrest Mining were drilling there decades before Greatland Gold, and look what they missed out on in their test drills!

Indeed Golden! You also only have to look (as I keep mentioning, I know..) at the ongoing delays at one of their other main growth projects, Wafi Golpu in PNG, to know just how important Havieron is in that exact respect!

Thanks MF11. Taylor Dart has been writing on Newcrest for some years now, and has a well researched, good grasp of the company and also the fantastic contribution that Havieron will have, very soon now! TT

Agreed! Ridiculous, or ludicrous, or similar, are all relevant words to describe the current WSBN sp, which, IMHO, is well below any reasonable level, even before any drill results from Red Setter, which, should they strike gold, will, based on very limited free float, result in a massive increase in the sp! DYOR

Artemis Resources are heading out to start their Paterson drilling programme:
https://twitter.com/ArtemisResource/status/1511663493166084100?cxt=HHwWiMC5oYP8wPopAAAA

Likewise, Greatland Gold will surely be doing the same very shortly.

Hopefully we'll be hearing from the BOD shortly too, about the Red Setter programme...

https://www.sharecast.com/equity/Greatland_Gold/broker-views

Indeed! Most Paterson drilling crews are only just getting back to operation after the break. Hopefully we'll get confirmation of the Red Setter drilling plan shortly now.

Thanks! TT

https://twitter.com/Share_Talk/status/1511335907345014789/photo/1

"Gold mineralisation has been intercepted in four of the seven holes reported. These results, together with identifying several new conductor targets, increases our confidence regarding the prospectivity at Scallywag.” -CEO Shaun Day

https://twitter.com/GreatlandGold/status/1511493333234954241?cxt=HHwWgsC5_bTL8_kpAAAA