Asset update Oct 2023

[Bamps21]

Asset update
20th October 2023
Havieron 
An early stage mining development with Decline infrastructure progressing.
2,030m progress of Decline plus 854m of ancillary works as at 8th October and nearly into the lower aquifer by todays date at 2100m.
30% owned .
Potential tier 1 resource 6.5moz equivalent .
Newmont take over as jv partner 6th Nov
Feasibility Study and Decision to Mine due now dependent on Newmont.
Ggp progressing with own MRE


Juri joint venture :-

Paterson Range East
Newcrest now Newmont taken over as Manager of project
Search for a tier 1 anomaly continues with Tama and A9 producing no significant results.
Extensive geochemistry surveys carried out in 2022.
New models being formulated for future programmes from recent geochemistry surveys to the NW of Henrietta.


Blackhills

An exciting area where the nuggets were found in 2018
Saddlereef and Saddlereef South are promising targets. Firstly a reef like prospect similar in nature to Telfer and further south a dipping ore body about 250 wide 60 m thick by 2km long.
Over 250 historical drills on BH have had gold in their drilling logs.
A27 target has been diamond drilled and a suite of pathfinder minerals have been reported in the logs.
Modelling is being updated.



Scallywag

A large licence 100% wholly owned by Greatland.
Awaiting assays for 8 diamond drill holes and another retesting the London target.

The road between Telfer and Havieron is to be constructed through Scallywag, works are due to commence .
Environmental studies have been carried out on the proposed route and caused some deviations.

Rio joint venture
A big area of the Paterson with 8 licences 3 of which are due for 40% surrender.
Stingray had one diamond drill this year and Decka has had a number of RC drills awaiting assay results and modelling.
Paterson 8 licence is adjacent the Chicken Shack mine



Ernest Giles

A very long arching licence if compared to the M25 would go 2/3rds the way round.
In a greenstone area renowned for its goldfields, much older rocks than Havieron.
Suggested to have 2x 5m gold targets with numerous 1m camp style targets.
A new native title holder has meant long lengthy negotiations which have been approved for Meadows.
Government funding of $180,000 agreed for drilling Meadows , this grant lapses in November.


Panorama 
A very large area containing 3 licences with 2 distinct type of targets?In the NW a 6.5km long gold anomaly following a river bed and fault line.
The bulk of the licence contains possibly a very large cobalt anomaly maybe the largest in Western Australia or Australia itself.
Ggp suggesting nickel is there as well .
Nickel deposit identified by Thor mining straddles the eastern border of Panorama .
Shaun remarked they were looking at 12 new nickel targets from the latest aero survey.
Surrounding licences suggests there could be lithium especially to the North in the Split Rock suite of granites.
Westar licence to the West are targeting a gold/cobalt target along the western boundary of Panorama .
Geologists have been on site this year.

Corunna Down
A new licence has been applied for results are due soon to the east side of Thor’s licence adjacent Panorama.
It’s on the Fortescue Group rock formation renowned in the area for its mineralogy, Thors gold and copper field is adjacent Corunna with the same geology running in to it.
Very difficult terrain though to access.
This application has been cancelled.



Bromus
Two long licences running NW-SE in the SW of Western Australia close to a nickel area.
A few drills have been done by Ggp and further modelling has found the sources of surveys near to where the drills were deployed.
Mainly a Nickel/gold target with MMI survey readings of 2670ppm.
Infrastructure runs close to the southern end of the licence road, water, electric etc?Licence renewal expected.
Galileo mining in the NW border have success with nickel,cobalt, copper and PGE



Rudall now merged into Scallywag
Rudall is a large licence to the SE of Havieron with one Bullseye target anomaly possibly twice the size of Havieron.
Drilled late 2022 1 drill result showing a gold in the intercept . Very early stage drilling , a downhole survey was incomplete due to problems with the drill hole.


Canning is way to the SE of Havieron but is in the same belt that runs from Port Headland to Musgrave mines and on to Olympic dam area.
Canning has 4 licences 2 of which contain Tabletop 1 and Tabletop 2 very exciting bullseye features , strong coincidence of the gravity and magnetic anomalies.
Historical reports by geoscientists suggest drilling of Tabletop 2 first down to at least 800-1000m.
If they’re big enough infrastructure will not be an issue.
Govt grant to drill in 2024 for gold copper and diamonds



Pascalle
A new licence to the west of Havieron and SE of Telfer
Ggp seem to think the previous owners didn’t look deep enough.
One target is a bullseye feature similar in nature to Havieron that’s Pascalle itself which has a fault line through the middle of it.
A long NW trending licence with half a dozen targets Ggp are saying the targets need deeper investigation.
Shaun said at the Town hall that Pascalle was drilled this year

Wanman
Is a new licence won in last years ballot attached to the north of Blackhills situated over a granite area, could be the source of Blackhills

Oak ridge
Is another large licence obtained in a ballot last year not far from the Winu licence and airport.
There is a bullseye anomaly suggested as containing gold and silver.
Sits to the south of the Rio / Antipa joint venture.

Citadell Hill
A licence still in the ballot with Fortescue.
A long trending NW-SE structure north of the Citadell joint venture.
Looks very interesting as early stage exploration by St George’s mining have found anomalies to the NW on the same trend (I’ve posted a thread on it in new licences on Ggpchat https://www.ggpchat.co.uk/viewtopic.php ... 4f82a9cc62


Oakover River is a new licence application together with another one to the SW of Telfer in amongst IGO licence jv with Carawine and Encounter.

Yannarie in Ashburton county is a new licence application containing 3 large licences.
Neighbours to the north have uranium deposits and others to the southwest have Rare Earth elements. Could be copper oxide deposits

[jecsggp]

Excellent summary, Bamps - thanks for all your work on this (and many other topics over the years)
Could also add to the GGP 'assets' the agreement for some small, potential, future, smelting income from the transferred Tasmanian sites.

J

Asset update
20th October 2023
Havieron 
An early stage mining development with Decline infrastructure progressing.
2,030m progress of Decline plus 854m of ancillary works as at 8th October and nearly into the lower aquifer by todays date at 2100m.
30% owned .
Potential tier 1 resource 6.5moz equivalent .
Newmont take over as jv partner 6th Nov
Feasibility Study and Decision to Mine due now dependent on Newmont.
Ggp progressing with own MRE


Juri joint venture :-

Paterson Range East
Newcrest now Newmont taken over as Manager of project
Search for a tier 1 anomaly continues with Tama and A9 producing no significant results.
Extensive geochemistry surveys carried out in 2022.
New models being formulated for future programmes from recent geochemistry surveys to the NW of Henrietta.


Blackhills

An exciting area where the nuggets were found in 2018
Saddlereef and Saddlereef South are promising targets. Firstly a reef like prospect similar in nature to Telfer and further south a dipping ore body about 250 wide 60 m thick by 2km long.
Over 250 historical drills on BH have had gold in their drilling logs.
A27 target has been diamond drilled and a suite of pathfinder minerals have been reported in the logs.
Modelling is being updated.



Scallywag

A large licence 100% wholly owned by Greatland.
Awaiting assays for 8 diamond drill holes and another retesting the London target.

The road between Telfer and Havieron is to be constructed through Scallywag, works are due to commence .
Environmental studies have been carried out on the proposed route and caused some deviations.

Rio joint venture
A big area of the Paterson with 8 licences 3 of which are due for 40% surrender.
Stingray had one diamond drill this year and Decka has had a number of RC drills awaiting assay results and modelling.
Paterson 8 licence is adjacent the Chicken Shack mine



Ernest Giles

A very long arching licence if compared to the M25 would go 2/3rds the way round.
In a greenstone area renowned for its goldfields, much older rocks than Havieron.
Suggested to have 2x 5m gold targets with numerous 1m camp style targets.
A new native title holder has meant long lengthy negotiations which have been approved for Meadows.
Government funding of $180,000 agreed for drilling Meadows , this grant lapses in November.


Panorama 
A very large area containing 3 licences with 2 distinct type of targets?In the NW a 6.5km long gold anomaly following a river bed and fault line.
The bulk of the licence contains possibly a very large cobalt anomaly maybe the largest in Western Australia or Australia itself.
Ggp suggesting nickel is there as well .
Nickel deposit identified by Thor mining straddles the eastern border of Panorama .
Shaun remarked they were looking at 12 new nickel targets from the latest aero survey.
Surrounding licences suggests there could be lithium especially to the North in the Split Rock suite of granites.
Westar licence to the West are targeting a gold/cobalt target along the western boundary of Panorama .
Geologists have been on site this year.

Corunna Down
A new licence has been applied for results are due soon to the east side of Thor’s licence adjacent Panorama.
It’s on the Fortescue Group rock formation renowned in the area for its mineralogy, Thors gold and copper field is adjacent Corunna with the same geology running in to it.
Very difficult terrain though to access.
This application has been cancelled.



Bromus
Two long licences running NW-SE in the SW of Western Australia close to a nickel area.
A few drills have been done by Ggp and further modelling has found the sources of surveys near to where the drills were deployed.
Mainly a Nickel/gold target with MMI survey readings of 2670ppm.
Infrastructure runs close to the southern end of the licence road, water, electric etc?Licence renewal expected.
Galileo mining in the NW border have success with nickel,cobalt, copper and PGE



Rudall now merged into Scallywag
Rudall is a large licence to the SE of Havieron with one Bullseye target anomaly possibly twice the size of Havieron.
Drilled late 2022 1 drill result showing a gold in the intercept . Very early stage drilling , a downhole survey was incomplete due to problems with the drill hole.


Canning is way to the SE of Havieron but is in the same belt that runs from Port Headland to Musgrave mines and on to Olympic dam area.
Canning has 4 licences 2 of which contain Tabletop 1 and Tabletop 2 very exciting bullseye features , strong coincidence of the gravity and magnetic anomalies.
Historical reports by geoscientists suggest drilling of Tabletop 2 first down to at least 800-1000m.
If they’re big enough infrastructure will not be an issue.
Govt grant to drill in 2024 for gold copper and diamonds



Pascalle
A new licence to the west of Havieron and SE of Telfer
Ggp seem to think the previous owners didn’t look deep enough.
One target is a bullseye feature similar in nature to Havieron that’s Pascalle itself which has a fault line through the middle of it.
A long NW trending licence with half a dozen targets Ggp are saying the targets need deeper investigation.
Shaun said at the Town hall that Pascalle was drilled this year

Wanman
Is a new licence won in last years ballot attached to the north of Blackhills situated over a granite area, could be the source of Blackhills

Oak ridge
Is another large licence obtained in a ballot last year not far from the Winu licence and airport.
There is a bullseye anomaly suggested as containing gold and silver.
Sits to the south of the Rio / Antipa joint venture.

Citadell Hill
A licence still in the ballot with Fortescue.
A long trending NW-SE structure north of the Citadell joint venture.
Looks very interesting as early stage exploration by St George’s mining have found anomalies to the NW on the same trend (I’ve posted a thread on it in new licences on Ggpchat https://www.ggpchat.co.uk/viewtopic.php ... 4f82a9cc62


Oakover River is a new licence application together with another one to the SW of Telfer in amongst IGO licence jv with Carawine and Encounter.

Yannarie in Ashburton county is a new licence application containing 3 large licences.
Neighbours to the north have uranium deposits and others to the southwest have Rare Earth elements. Could be copper oxide deposits

[Bamps21]

Hi jecs
I should have added the shares we have in Flynn gold but it is only a small amount at the moment.
2m Flynn shares worth £100k

[jecsggp]

They were always keen about it, but now have nickel at Panorama 'officially'. Always better with more options; so Au, Cu and now Ni confirmed for the company.

[jecsggp]

Sorry - forgot the Zn!

They were always keen about it, but now have nickel at Panorama 'officially'. Always better with more options; so Au, Cu and now Ni confirmed for the company.