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Maybe this is why - as well as the 15km target there hitting commercial grades in

Zambian government looking to move to 3 million tons of copper output per annum from the current 800,000 over the next 10 years. ????

https://www.moneyfmzambia.com/2022/05/23/government-on-course-to-meet-3-million-tonnes-copper-production-economist/

https://www.mining-technology.com/news/tertiary-fqm-zambian-copper-projects/

Tertiary Minerals executive chairman Patrick Cheetham said: “This agreement will turbo-charge Tertiary’s Zambian exploration in these two key licence areas.

“We are set to benefit from FQM’s extensive and in-depth country experience, gained over many years of exploration and mine development in Zambia and, importantly, its site-specific historical exploration in and around these two exciting projects.”

First quantum’s minerals has a 16.5bn+ mcap as of today - Vs our for now sub 3million

Listen to todays podcast before posting such an uniformed opinion

Commenting today, Executive Chairman Patrick Cheetham said:

"This is a key appointment for the Company as we ramp up our exploration in Zambia. Richard will be leading the collaboration with major Zambian copper producer First Quantum Minerals that we announced earlier this month.

We look forward to working with Richard and with FQM and to our first joint technical meeting with FQM which is due to be held next week."

Blencowe Resources ("Blencowe" or the "Company") (BRES:LON), is pleased to note the publication of a new research note by First Equity Limited on the Company's Orom-Cross graphite project, located in Uganda.

In the note, First Equity Limited, using the new PFS numbers, have updated their risked valuation model, based upon a revised NPV8 of $482m for Orom-Cross and by applying a 30% development/resource, 50% finance and 25% country risk factors to derive an estimated £105.4m (prev. £43m) value.

A £105.4m risked graphite project value equates to a price per share of 59p, which is more than double their previous 27p target and represents an uplift of around 18 times from the current share price.

Proven world class graphite deposit - currently a 6.5mil mcap

They have funds

https://www.lse.co.uk/rns/BRES/akelikongo-nickel-project-update-dh97zjt785ad9k6.html

Also consider that TYM have only have these assets for less than a year. The SP reflects TYMs past but doesn’t reflect a 15km target with commercial copper grades and collaborating with 15bn+ Major who approached us.

10mil Mcap+ target on drilling together - 20mil+ on any JV

Nothing goes up on a straight line - profit takes will take profit

https://www.proactiveinvestors.co.uk/companies/news/992093/anson-resources-hits-record-as-robust-dfs-confirms-economic-and-esg-credentials-for-phase-1-lithium-development-at-paradox-992093.html

But yesterday we increased our Jorc to 1.5MTs and trippled the indicated. Look at the above companies DFS figures, they are based off 239,000 tonnes - they are valued 5x+ higher for 1/3 of the indicated.

Second asset will have a Jorc within the next 2 weeks taking us to 2Mts+

If you look at the above figures based on 239,000 tonnes - you can see what type of figures were production in both PFSs that are due this side of Christmas

Zoom out and down focus on the daily - 43mil mcap will look like a gift by Christmas - then by march April where have expanded the 2MTs further, PFSs at both, drill results from the 3rd asset and then an Offtake agreement/strategic partner

By the end of 2024 we’re be producing 10x+ the Mcap per annum for 20+ years based on a 20,000 lithium price, a significant discount to the current price

Buy the dip - we’re worth more than 43mil

Morning all

Worth re watching these clips

https://youtu.be/5MtHITXe7Pg - you think they found it all?

We’ve hit 63meters @ 4.51g/r from a 65meter hole - now we’ve drilled to 330meters

https://youtu.be/Jj-NBJrRaAE

First results due

https://youtu.be/cA_lawgTSsg

Shabdah finished with high grade gold around them in multiple directions and now drilling eshkilitua 2

Shabdah results will follow next month - Novoes due and they look like they are going to be great

First drill results are close now

With 63meters @ 4.51g/t - mineralisation now till 330meters that particularly intense right under our 63meters till 131 - I'm expecting them to be good

100meters a 3+gs would put a rocket under the SP, leading into to 3 more gold results then the polymetals and REE

Expecting to leave the range soon and find a fairer value

Anson Resources Ltd hits record as robust DFS confirms economic and ESG credentials for phase 1 lithium development at Paradox
https://www.proactiveinvestors.co.uk/companies/news/992093/anson-resources-hits-record-as-robust-dfs-confirms-economic-and-esg-credentials-for-phase-1-lithium-development-at-paradox-992093.html

As a result of the positive DFS, shares have been as much as 47.46% higher intraday to A$0.435, a new record high, with more than 62 million shares changing hands by 2.30pm AEST. Anson's market cap is approximately A$444.73 million.

The key financial metrics are:

Low-cost operation with expected revenues of US$5 billion over forecast 23 years of operation.
Annual production of high purity lithium carbonates up to 13,074 tonnes.
Pre-tax net present value (NPV7) of US$1.3 billion
Payback period (post commissioning) of two years, with a pre-tax internal rate of return (IRR) of 47%.
Estimated capital expenditure of US$495 million
These numbers are based solely on the existing indicated mineral resource at Paradox of 239,000 tonnes. The company intends to update the DFS economics based on future resource upgrades.

The last part, based on a 239,000 tonnes - we will have 2MT after the second jorc increase very shortly

CTL - 40mil mcap - there currently $429mil which is ruffly £250mil mcap based on a 239,000 indicated resource - CTL targeting a 2MT jorc by month end

First Jorc increase “This Week”

Second “end of the month, latest first week of October”

Targeting 2Mts LCE

Morning all

OMI going nuts on this mornings RNS

Shows you just how cheap EST is and what's to come

OMI now over 4x higher than us for 150meters at 3g/t on a 50/50 split

So far we have 63meters@4.51g/t from a 65meter hole that ended in mineralisation - 80% 20% government Jv partner

https://twitter.com/EastStar_PLC/status/1560150249070419968?t=dITuWFZzB9BGigT7gPoV_A&s=19

We're now hitting continued mineralisation from 17 meters to 330meters - that's particularly intense from 70 - 130 meters

Novoe alone

https://twitter.com/EastStar_PLC/status/1561599039707152385?t=AWY532W5dZxlIuEAWw5OeQ&s=19

We've be finished st shabdah now and onto Eshkilitau 2

Novoes cores will have been in the lab since the 18th of August and shabdahs will now be on the way

Sub 9mil mcap and sub IPO price -

we can have the exact same results as OMI above - then results from 3 others before we drill the monsters in the new year

Have a good day everyone

Morning all

Gold results this month - followed by gold results each month till chrismas for 4 separate assets - all leading up to drilling the polymetals and expanding the REE - sub 9mil mcap

First gold results are gonna be excellent

https://twitter.com/EastStar_PLC/status/1559873377707376641?t=MMRK19Vok6bZjpH5D_nu1A&s=35

https://twitter.com/EastStar_PLC/status/1552627474957324289?t=hZKNWcA-JBdvatZ3ucqk5A&s=19

· All four Novoe boreholes recorded wide intersections of quartz diorite containing interspersed quartz veining and sulphides with some more intense sections of alteration

· Visual inspection of the core corroborates Reverse Circulation drilling from September 2021, which contained disseminated sulphides in host rock, demonstrating the potential for greater tonnage outside of the higher-grade gold veins

· First three boreholes have been transported to Karaganda where they will undergo cutting and sample preparation before being sent for assay

· Due to the presence of chalcopyrite and sphalerite some sampling will also include assay for other elements such as copper, lead and zinc

· Rig now drilling on the Southern Shabdar target where the first borehole is complete and the second is underway

Shabdah had the 980k ounce jorc

Eshkilitua 2 is 4kms2 and we’re also expanding on proven High grade gold

We’re very likely finished at Shabdah and onto eshkilitua 2

Novoe results this month - shabdah late next month - eshkilitua 2 November/December - dalny results December or January before we start drilling at both the REE and the Polymetal targets

Can we expand the 63meters at 4.51g/t to over a 100meter extension? If we do the current mcap will look laughable - and that’s before results at the 3 other gold targets

First gold results later this month

If we hit 63meters for 4.51 g/t snd 131g/t bonazza grades in a shallow hole - what are we gonna bring back from a 330meter drill hole where all 4 hit mineralisation, 1 from 17 meters to the bottom of the hole

Visual inspection of the core indicates exactly what we had hoped and expected to see, with consistent sulphides over large intersections as well as quartz veins which have the potential to carry much higher grades as they have done in historical surface samples and in our RC drilling. - the first results were excellent and now we've drilled much deeper and continue to hit mineralisation.

AP_008 hole was collared close to artisanal workings where historic lump samples assayed up to 401.7 g/t.

Likely finished drilling at shabdah were we are expanding on already High grade gold

https://twitter.com/EastStar_PLC/status/1561599039707152385?t=GBfalG9hgCcFVVtV7SOyWw&s=19

and onto Eshkilitau 2 -

then onto Dalny, the forth gold target were drilling this year

https://twitter.com/EastStar_PLC/status/1544569332310708225?t=3VUiK3_WDrIwi76aa4gQsQ&s=35

2 weeks until the fully completed H EM - which will fully define our drilling targets at the poly metal licences - the current targets I believe are all gonna be high grade polymetal deposits

https://twitter.com/EastStar_PLC/status/1559060568836780032?t=xrlrknf_62guwuoyNY43Vw&s=35

And 3 weeks into expanding the bonanza grades at novo and the high gold grades at shabda, and eshkilitua II -

https://twitter.com/EastStar_PLC/status/1552627474957324289?t=oOgeIC1T2mnw0PYXflQWng&s=35

3 of 22 targets - ESTs a monster in the making and is massively undervalued approaching H EM results, further gold results and 2 more drill campaigns

The REE has a $1.6bn Jorc that was a fraction of the 10km2 target - last week the target expanded to 134.7km2

I hope the market believes you so the the SP dips and I can buy more lol

Fully detailed and complete H EM survey due in the next 2 weeks

https://twitter.com/EastStar_PLC/status/1544569332310708225?t=7P-QEu9SKpnkFxvShIO9bg&s=19 3 targets - there going to be high grade poly metal mines like the mines surrounding us in all directions

We’re massively under the radar for now

3 weeks into expanding our 3 high grade gold discovers also

https://twitter.com/EastStar_PLC/status/1552627474957324289?t=hZKNWcA-JBdvatZ3ucqk5A&s=19

Highlights:

· New Licences incorporate two historic operating (extremely high grade), copper-lead-zinc mines (Pokrovskoye and Talovskaya), one known deposit ( Verkhubinskoye), and many historical mineral occurrences

Talovskaya - A massive sulphide ore deposit found in 1782 and mined up to 1896, consisting of many ore lenses up to 30 m by 60 m with grades up to 11.9% Cu, 16% Zn and 2% Pb. The most recent exploration was conducted between 1989 and 1992, which found disseminated sphalerite.

The main rock type in the ore field is tuffaceous siltstone. Large volumes of malachite veinlets along a granite porphyry were reported from the first field visit (Figure 1) as well as magnesium skarns nearby. In the area are lots of smaller waste dumps and outcrops with malachite.

Pokrovskoye - Found in 1822 and mined up to 1979. The massive sulphide ore body was reported as 150 m long by 200 m wide and up to 22 m thick with average ore grades of 11.5% Cu, 3.3% Pb and 12% Zn.



This ore lens was located in a flexure along the contact of andesitic lava with a rhyolitic body. The volcanic formation was hornfelsed by granite prior to the ore stage. During this, there was tectonic brecciation with chlorite and sericite alteration.

-----

A number of additional reports have been located and ordered from the state geological data provider which will provide more detail to the above-mentioned historical reports. Once received, key data will be digitised and analysed to continue to grow the Company's geological model and understanding of the region and specifically the areas of known mineralisation.

The final deliverables from the HEM survey have now been received and are currently undergoing processing by East Star's external consultants after which a thorough geological review will take place to assist the modelling and then ranking of priority targets.

The infrastructure on the licences includes rail, road and power and the area boasts two potentially suitable mills - both carrying spare capacity - making the economic threshold to develop any discovery extremely low as well as strategically important for the two regional producers being KAZ Minerals and Kazzinc (owned by Glencore and Tau-Ken Samruk). East Star is working with the same Kazakh service providers used by Kazzinc for its regional geophysics and the data, when combined with historic data which are still undergoing analysis, will be provided to global VMS experts for analysis to assist with drill targeting.