Asset update
1st April 2023
Havieron
An early stage mining development with Decline infrastructure progressing.
1500m progress of Decline plus 300m of ancillary works as at 9th March likely to be a further 100m by todays date.
An ore body that keeps on expanding with increasing grades. 30% owned .
Potential tier 1 resource 6.5moz equivalent likely to be a min of a 50% increase by the new MRE in August.
Talk of Molybdenum by NCM very encouraging normally found in copper sulphides.
Juri joint venture
Paterson Range East
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, the one to the NE may be too deep.
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.
2022 assay results have located 8 conductors around the Swan area and RC drilling has been carried out for collars to future diamond drilling.
Pearl has had one of these diamond drilled and significant results obtained but needs redrilling to explain water ingress looks like a supergene target especially with that high silver intercept.
7 drills still to be Diamond drilled in 2023 unless they decide to keep drilling Pearl.
The road between Telfer and Havieron is proposed to go through Scallywag, works to commence this year.
Environmental studies have been carried out on the proposed route and caused some deviations.
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.
Relinquished 2 licences and have reapplied for Wishbone and Maple but not reapplied for Carnegie in the centre which reportedly had the nickel.
Government funding of $180,000 agreed for drilling Meadows , still waiting on approvals
hopefully will be drilled in 2023.
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 .
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.
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 and Canning
Rudall is a large licence to the SE of Havieron with one Bullseye target anomaly possibly twice the size of Havieron.
Government funding agreed for drilling Rudall and 2 pads constructed .
Drilled late 2022 1 drill result is due shortly
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.
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.
Plans to drill Pascalle last year did not happen expected in this years drilling
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