Member Info for TimberTrader

Yes, indeed! One of the best Havieron subjects of all, IMHO, 'Open at depth', which some of us have been banging on about for years now....Don't worry! We still have some considerable way to go to beat some of the records!

Our DDH1 drillers, when targeting underneath Northern Star’s Zodiac discovery, started a diamond drill hole from surface on December 15 2017 and wrapped it up on February 28 2018 at a length of 3217m, finishing at a vertical depth of 2625.1m.

That made that particular hole more than 200m longer than a hole snaking underneath Kalgoorlie’s Super Pit in 2015, which reportedly stopped at 3011.5m.

https://thewest.com.au/news/regional/northern-star-claims-drill-record-ng-b88775172z

Havieron, OPEN AT DEPTH, as it has always been! Bring it on! TT

Yes, come on! Let's have + 10%+ today!

Or, as Shaun Day said recently, the South-East Crescent, "looks like it plunges down to the centre of the earth".

"We believe recent share price weakness makes valuation pushback on GGP increasingly difficult to justify."

I think we'd all agree with that! Bar a few exceptions, of course, that crop up on this BB from time to time!

I was thinking that we could get the remaining Juri J/V drill assay results today, or Monday/Tuesday, but not holding my breath TBH.

Just some fun...Maybe Greatland Gold or Newcrest Mining should introduce a similar competition for Havieron?

https://pbs.twimg.com/media/FGKLYvDXMAIJBah.jpg

One of the most important, and extremely interesting comments, made by Shaun Day yesterday, was in regards to Scallywag. Nearly 2 years ago I was joking about the step-outs that Newcrest were drilling to the NW of the main ore body. I asked Paddy at the time how far out these step-outs were in relation to the Havieron Newcrest farm in tenements, thinking how amazing it would be if the ore body could actually extend right through the 'border' in to our own 100% Scallywag tenements. Unfortunately the step-outs were still quite a distance from the tenement 'border'. Now, almost 2 years later, with further drilling and knowledge, it could now, possibly, be a reality. As I stated at the time, should this happen, and the mineralisation, extend much further towards, or indeed into, the 100% owned GGP tenements, beyond the Newcrest units, you can pretty much throw any current value estimates well out of the window, and start again!

Another note is that, under the farm in agreement, Newcrest would have first option on the Scallywag tenement(s), should this happen, and that may well be a positive factor for them to continue to growth drill towards that area.

GLA!

Newcrest wants to be lowest cost gold miner by 2030.

Newcrest says its development projects could slash group AISC by more than 50% by FY30, to levels well below today’s lowest cost gold major producers.

At the 8.1Moz gold, 2.2 million tonnes copper Red Chris Block Cave development in British Columbia, AISC – a measure of the cost to produce one ounce of gold – would be just $US144/oz.

Compare that with current gold price of $US1,780/oz and you’ll see why it could take Newcrest just three years to pay off the whopping ~$US2.1bn construction cost.

A feasibility study expected to be completed in the second half of FY23. Right now, NCM is drilling up to eight rigs to grow the resource, which remains open all over the joint.

Like Red Chris, 3.4Moz Havieron (70% NCM) in WA is big, deep, and potentially very lucrative.

The Paterson province ore body electrified the junior end of the market when it was found back in 2018. Centred on a deep magnetic anomaly 45km east of the aging Telfer operations, the deposit is underneath more than 420m of unmineralised cover.

Talk about a blind discovery.

Attention has now moved to testing targets outside of the known Havieron system at Havieron North (2km away), and Zipa (1km away).

https://stockhead.com.au/resources/ground-breakers-vulcan-inks-lithium-offtake-with-volkswagen-newcrest-aims-to-slash-gold-production-costs-by-50pc/

Another push...14.30p

Just touched 14.25p

Investing.com – Greatland Gold (LON:GGPL) has provided an update on the drilling campaign at the Havieron copper-gold project in the Paterson region of Western Australia. The project is in partnership with Newcrest Mining (ASX:NCM).

The latest results comprise 24 new drill holes, including 20 holes from the infill drilling programme and four from the growth drilling programme. The exploration company said that “significant” mineralisation was reported in 19 of the new holes.

The company said that results support the continuity of the high grade South East Crescent Zone.

The AIM-listed firm also said that the latest drilling continues to show potential for resource additions outside of the existing Inferred Mineral Resource, including a mineralised zone 100 metres below and 100 metres to the north west of prior high grade holes....

https://uk.investing.com/news/stock-market-news/greatland-gold-says-havieron-has-potential-for-significant-resource-upgrade-2532545

Many thanks Dip, much appreciated! It makes it so much easier to refer to in future!

More incredible numbers out of Havieron today. Well done NewcrestMining and GreatlandGold!
What a BEAST of a system. Glad you have assays in for first holes at ZIPA and Hav North. We are still drilling over the lease boundary and will have core in for assay too!

https://twitter.com/ArtemisResource/status/1468871631510675458

A post I made on the other site on the 7th February 2020:

"For those that maybe don't know, the Scallywag prospect lies approximately 6km west of the Havieron prospect within the Havieron licence, E45/4701, and is 100% owned by Greatland. Scallywag is a large, elongate magnetic anomaly with a strike length of more than 6km and is interpreted to be a structurally deformed sedimentary dome feature under approximately 50-100m of cover.

I'll mention, yet again (sorry!), the crucial importance of the step out drill holes that Newcrest are currently taking, to the NW of Havieron.

If the valuable, feasibly minerable mineralisation, extends further towards, or indeed, maybe even into, the 100% owned GGP tenements, beyond the Newcrest units, you can pretty much throw most of the recent low/high value estimates well out of the window, and start again! :-) "

I distinctly remember, at least a couple of years ago now, posting about this with Paddy, and asking about some NW step-outs, and how far he thought that they were from our own 100% Scallywag tenement. They were still well within the Havieron tenement, but we both, somewhat tongue in cheek at the time, considered if the mother lode could actually stretch into Scallywag. Well, IMHO, it's definitely not tongue in cheek now!

Greatland Gold PLC (AIM:GGP, OTC:GRLGF) reported high-grade results from the latest drilling campaign at the Havieron gold-copper joint venture project in Western Australia.

All 24 holes drilled, as part of the latest campaign, intersected mineralisation with 19 reporting significant mineralisation. The best results included 113.8 metres (m) at 3.4 grammes a tonne gold and 0.1% copper from an infill hole....

https://www.proactiveinvestors.co.uk/companies/news/968723/greatland-gold-reports-further-high-grade-drilling-results-from-havieron-gold-copper-project-968723.html

Full interview now available on YouTube:

https://www.youtube.com/watch?v=buSlUw3dkio

Well, I can see what Sandeep Biswas meant when he said, yet again, that they still don't know the extent of Havieron!

Sandeep Biswas didn't have much time available to speak, but, he did mention Havieron:

Deposit "...significantly more than expected..."
"We drill a lot of holes...We don't care how deep it goes...we punch a lot of holes"
Havieron "..rebirth of Telfer...tremendously exciting...still don't know the extent.."

Webcast is shortly, at 7 PM.