Member Info for ZaphodBeeblebrox

On the positive, it is clear we have a geological porphyry cluster here. Colin and team dropped several hints that the rock volume would exceed the 2m tonnes contained Cu needed to trigger an AA offer but it certainly looks like they do not want to trigger any offer prematurely.

I watched the latest XTR video last night and can divide my opinion into positive and negative.
Starting with the negative, it was vague, as without assays the models were not not really that useful, although they did show relative possible size to the Bushranger original resource and conceptual pit. Having announced a new porphyry, they should have concentrated on those initial hole results, and maybe even shown us their newly calibrated geophysical inverse model to give us an idea of what we could be looking at. However, the timing does seem slightly odd, to me.

Reposting neilb98 ( are you really 98?) link to the Dec 12 th Zak Mir interview with Colin Bird and the Xtract geological team
www.vox markets.co.uk/articles/traders-cafe-with-zak-mir-xtract-resources-webinar-be587a4/ (remove space between vox and markets)

Let's hope its a nice surprise, with a minimal discount and some credible investors.
But if I am frank, when it comes to investments, I hate surprises. Unless it's a new copper porphyry deposit like the one Xtract Resources announced last week, over in New South Wales.

Sadly true Prophet warning. Some info has definitely leaked. Will there be any investigation? Long term observers of white collar shenanigans on AIM will know the pitiful answer.
Now to find out the who, why and what of the capital raise. Sitting tight.

Docit, apologies. In my previous post, autocorrect changed your name to Do it! Not a bad change for once!

Do it, indeed we could have an Aintree if the third geophysical anomaly shows mineralization. I suggested Aintree as it's oop north and home of the Grand National.
Melbourne Cup would be a great name to replace Footrot with.

Having been involved previously with naming exploration prospects and geographical features, it's good to have a theme. At our Lachlan Fold Belt license, l am getting more optimistic that we should be prepared in case of further exploration success! :-)

Just a great RNS. The photos of mineralisation look great and the long runs indicate a large new porphyry, I hope. I hope the geology team are pushing to test drill every major geophysical anomaly at this stage after this ground-truthing drill success at Ascot. Also, thank goodness it wasnt called Foot Fungus or some such. In order for regional balance, the next porphyry discovered should be called Aintree :-). Thanks iceberg for your sensible pronouncements during the lull of the past weeks. Am sure andymillsy will fall off his chair today!

Great progress RNS but the BB is very quiet. 3-4 weeks for results. Fingers crossed the recovery rates look good. GLA all and Merry Xmas!

I agree with you Max. Exciting times ahead!

They have definitely missed the boat for this winter's covid and flu season, as clinical trials only commence in Q1 2022.
However, longer term, the market is huge in both medical and non medical settings. The price point looks attractive, and the cartridges can be tweaked for future epidemics as the technology is very versatile.
A "nominal" charge for the unit could be at cost, or close to cost, rather than the 4000-6000 pounds bandied about, if the profit margin is focussed on recurring cartridge sales.

IND Q3 2022
Phase 2 trial Q4 2022 run by Ora.
Better late than never.
No comment from the AWOL chairman Gabriele Cerrone.

Stockbox interview on youtube
https://youtu.be/oZlkq6Vm-uk

DP clearly states that the reason for not keeping the rig at Copperhead is the rugged terrain and risk of it sitting stuck for 2-3 months in the rainy season, doing nothing. So the move to Plateau was good strategy. DP also outlines the different aims of each of the initial 5 holes.

In the Zak Mir interview this week, DP clearly states that drilling deeper to find the porphyry source of the copper veining is next, so expect a 2nd phase of drilling. Does this mean another raise next year? Will have to see.

Our AWOL leader GC has made a statement about a new director appointment over at OKYO today.
Where is the other Waldo, Dr Shalubhai?

Just as an aside. This double RNS seems to be a glitch here, and on at least one other board at LSE (AVCT).

On angles, I find drawing a diagram always helps avoid elementary trig ****ups. Case in point this morning :-)

It does seem based on just hole 1 that economic grades can be achieved below 300m depth, but that the overburden can still contribute. Look forward to seeing the rest of the assays and initial geological model.
An inferred JORC with just 5 holes would be preliminary, but could be enough to produce a conceptual open pit model, much like Xtract Resources have done this year for their prophyry copper (and now gold) at Bushranger in NSW, with a max depth of 600m. https://xtractresources.com/wp-content/uploads/XTR-Presentation-14.10.2021.pdf page 22.

Bingham Canyon mine located south-west of Salt Lake City, Utah, US, is the deepest open pit mine in the world at more than 1.2km deep and 4 km wide. Chuquicamata copper mine, situated 1,650km north of Santiago, Chile, is second deepest at 4.3km long, 3 km wide and 850m deep. Third is Escondida copper mine located in the Atacama Desert, Chile, Escondida pit is 3.9km long, 2.7km wide and 645m deep.

GLA all.

It is only 1 RNS. LSE has done the same over at another board (ROCK) which had an RNS this morning but is showing 2.
Looks like a general glitch.

Morning Horny!
Thats what I deserve for hitting my calculator in excitement before my first cup of coffee! :-)
Hole 1, approx 400 m vertical depth!
For hole 5, I make it 440m.
Do I get a gold star now? :-)

Good morning Rockstars!
Great to start the day with some progress at Copperhead. What stands out to me is that Hole BCH001 is mineralised with visible copper veins for most of its length! while an overall grade of 0.14 % CuEq over 501 m seems low, it contributes if high copper prices support a 0.1% cutoff.

However the real story is that the mineralisation gets stronger with depth and that the drill hole finishing with visible copper in veins. From the dip and downhole length I calculate an approximate vertical depth of approx 300 m was reached, and we are still considered to be in the phyllite zone of a porphyry, with assays of up to 2.28% Cu and 0.5% Cu encountered in the last 80m downhole. Obviously nothing down there lol.

Looks terrible to me, please don't buy any more shares, I need to hoover up.

Hi Cloudy. Could you post a working link to your chairman news please?