The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
We already have 140k oz of gold thats going to be a JORC asset and will go up I'm sure as CB has said its high grades and has plenty of potential Drilling Programme A drill programme of approximately 2000 metres (m) has been planned for the JV zone. The aim of the drilling is to provide sufficient information, along with additional investigation into work already completed, so that a Mineral Resource can be prepared for the JV14 prospect. An additional 300m has been planned for the El Abra prospect. The aim of this drilling is to test the high grade mineralisation intersected at approximately 100m depth in 2012 drilling by ECR. ECR is planning to complete the proposed drilling later this year. The objective of the drilling will be to enable the estimation of Mineral Resources for both El Abra and JV14.
I was there at the Saturday presentation and PJ told us all suspension was very unlikely and why we have today's news It's clever if you read the RNS - another asset to follow I'm sure Also copper Bullish wedge & inverse head & shoulders patterns - double target for copper at $2.92 #copper #cu #Commodities #trading #Markets
GET's initial Project work programme will consist historical exploration data gathering and analysis followed by geological mapping and confirmatory and infill soil sampling programmes over the historically explored ground in both project areas. GET will also conduct a detailed review of geophysical data, including Induced Polarisation (IP) survey and geomagnetic data, to refine exploration targets and identify hitherto untested targets across the licences. Follow-up drilling will seek to test for copper zonation at Anomaly 1, whilst shallow drilling programmes will be planned for the other copper soil anomalies and promising structural targets.
And we're in the thick of it ... The GET Copper Project (the "Project") consists a portfolio of five exploration licences totalling 3,554.7 sq. km of prospective ground on the Kalahari Copper Belt ("KCB") in north-west Botswana. The KCB is a relatively underexplored emerging, sediment hosted stratiform, copper province with total reported Mineral Resources of over 5.5Mt contained copper metal and 170Moz silver within a 140km radius of the GET Project.
#CAF moves into copper near #MTR at a time when the copper price is hot. Clever move MOD drill results will benefit both Co's if good
Through this investment the GET Project will become the third active player on the Botswanan KCM. Cupric Canyon Capital have completed a Feasibility Study and are currently looking to develop their Zone 5 Deposit (100.3Mt@1.95%Cu & 20g/t Ag). Whilst, in December 2016, MOD Resources Limited announced the results of a Scoping Study on their T3 Deposit for which a maiden Mineral Resource Estimate (28.36Mt @ 1.24%Cu and 15.7g/t Ag) was released in September 2016. The T3 Deposit was only discovered in March 2016.
Mercman7 - good to be back with a new BOD and new assets which are suberb in Australia I happy to invest and will now build my position as I did before My exit 11 months ago was 2 months after I supported the old CEO when he didn't go with MTR for the MGA Collaboration Short sighted and still the tax loss not utilised but CB wants a Aussie gold mine and so profits can be off set against it but thats all for the future This a period of re-building and gaining confidence
Rjr67 - CB is 100% here to turn ECR from the dog its become and groomed into a Crufts winner ! Clayson destroyed this company and now its a clean slate to work from The key in the short term is regular newsflow I'm liking just 130m shares
I met the BOD last week and was also at the Walsall PI NIght Craig Brown has pedigree and has turned 3 exploration companies to producers and one for very big money He is one of the blokes that better on the ground talking to geo's than PI's and he's an honest and decent bloke who knows his gold He and the NED wish to invest £100k but they can't because on the closed period - your first buy signal He's done more is the short term than that waste of time Clayson ever did I could go into more detail more of the ill givings of the former CEO but now he's history and will never return to the city The SLM Argentian play has more gold than all the money spent in The Philippines 2 areas with high grade and a combined 140k oz of gold The old MoU with Esperenzo who went bust now have left behind a toll processing plant of which Craig is after The Chinese are flooding money into the countries infastructure and they love gold mines and that the simple remit of proving it up and taking to production and sell The new Aussie assets we have are in the richest gold fields in Australian history some 80m oz We also still retain the MGA $A66m tax loss wihich can be utilised Going back to Itogon the Philippine play is going nowhere quick but we have earned 25% of it The BOD have a clear strategy and with only 130m shares I'm told after consolidation the market makers / brokers are so short of stock that any volume here as we saw last week will provide an extra uplift in the share price I held here from Oct 13 to Feb 15 and know more about ECR than most and I'm now declaring that I have bought back and expect a very good return on my investment
23% in GMSI Goldfields http://m.moneycontrol.com/news/economy/india-to-explore-mining-potentialmassive-aerial-survey_8374721.html
An out of the blue RNS will appear and then the scamble for shares Happy to wait On Saturday PJ said it doesnt have to be an RTO There's no way IMHO this will suspend as in no ones interest and PJ knows that to Curveball asset followed by the main one ? Copper - Uranium
http://bit.ly/2jgMlWJ Still time to register
Indian #Gold Demand To Rise To Normal Level Within 3 Years - @GOLDCOUNCIL | @neils_C | hubs.ly/H05_q-h0
I'll be there and yet another PI Night with so much networking to be achieved Cameron Parry has delivered a 3 prong attack and the smart money is BUYING slow but sure as not to alert the market Bigger buys and smaller sells Another TR1 brewing
I'll take 2.20p as the first milestone target but they'll want 5p+ to convert
Finland Gold As announced on 5 January 2017 Kolar Gold currently holds 15.4% of a newly incorporated Finnish operating company, Kalevala Gold Oy ("Kalevala"), with five granted prospecting licences and approval to carry out bulk sampling of 10,000 tonnes of gold ore this year, targeting production of 100 kilograms (approximately 3,200 ounces) of gold in Q3 2017. The Company will take its interest to 28.3% following the budgeted payment of €350,000 by 28 February 2017. Thereafter Kolar Gold will consider increasing its interest in Kalevala up to 50% by the end of H2 2017 in the build up to this first gold production.