Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 9:49 am
by Hydrogen
Nice to see the Golden Nickel Eagle is finally landing at 15mins in... Whether it's just passionately academic or highly economic, remains to be see.
But the fact he 'can't talk about' it suggests there's actually something really big to talk about...
I just wonder if NCM / GGP will do a big joint 'reveal' at the upcoming Diggers and Dealers conference?
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 9:51 am
by DipSard
This is what Shaun had to say in the Webinar on 21st July when asked to discuss nickel:
* Okay back to the back to the base metals Dip says could you talk about nickel please
- yeah look that's you know we think there's additional opportunity for these minerals there
- we assay for it it's not part of what we release
* Do you find it though I think it's what they're asking?
- yeah well I think there's finding it and there's finding it in commercial volumes so that's something that we keep I think as a GGP team we we've got a little bit of focus on
- so yeah I think potentially with that accelerated learning curve that we've had through this process it does position us where we can you know think through that and see if we can't knit that together
- our preference if we were going to comment on that publicly would again would be to do it with Newcrest but if we feel we need to provide an update I think again this is an opportunity where we think of things first with ….a equally with the joint venture hat on and around our obligation to our shareholders
- and we have an obligation under the market to release material information, we have an obligation to keep it informed so you know that's something that we try to understand but we also have confidentiality agreements which are you know undertakings in the JVA
- so there's a balance there's a negotiated path that that we try to apply but you know watch that space, it's certainly something that our geological team spends time energy and effort trying to understand
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 9:52 am
by Bamps21
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 9:55 am
by Monty
fantastic video, a must watch
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 10:20 am
by Bamps21
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This is quite an important slide, I don’t recall one before at this level 250m depth of ore.
There’s far more blue/ cemented breccia than the yellow/ crackle c0.4g/t than previously shown.
Above this level is still not fully drilled as most of the drills are entering down the sides below the 250m level
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 11:37 am
by Bamps21
6164 looks like it takes in much of that NW structure
The yellow lines are depths to basement rocks so not a lot of cover at 6164
Follow those yellow lines back to Nimitz anything to the right of it is deep
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 1:05 pm
by Mremc2
In case we need to refer to it in the light of any drilling results:
NICKEL: This valuable metal doesn’t usually occur in nature as a bulk tonnage target since most bulk tonnage mines contain 100 million tonnes of ore or more, and most hard rock nickel deposits are less than 10 million tonnes in size. Therefore, anything over 20 metres in thickness (significantly less thickness than other commodities) and 2% nickel grade or better would be reasonably considered high-grade. Example: In September 2007, Noront Resources released two nickel intercepts from shallow drilling between 80 metres and 150 metres deep, with a section of 71 metres grading 1.8% nickel and 1.5% copper. The stock moved from $0.80 to $4.00.
Of course we have 400 metres of cover but if we are already down there might as well dig it out!
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 1:24 pm
by CheltenhamFlyer
Do we know the capability of Telfer to process nickel? I presume it would need modification to do so.
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 2:47 pm
by DipSard
I've created notes from Damien Stephens Havieron Discovery MEGWA Presentation - 24 July 2022
This is a fascinating presentation and a lot of information in here about what GGP/NCM now understand and might need to do to find another Havieron, tidied up a YouTube transcript export but also added screenshots of the presentation slides for each section so content can be better understood by reading through in conjunction with slides.
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 2:59 pm
by Spondy
Thank you Nitram64 for finding this and posting the link.
This 30 minute presentation by your Exploration Manager about Havieron is a must watch for all GGP investors.
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 4:37 pm
by Bamps21
We can see from that Stage 1 gold event,
Significant gold bismuth and telluride and metasomatism.
Metasomatism is the chemical alteration of a rock by hydrothermal and other fluids. It is the replacement of one rock by another of different mineralogical and chemical composition. The minerals which compose the rocks are dissolved and new mineral formations are deposited in their place.
This is where the actinolite is likely to be.
From the plan we can see the areas of the tellurides, ie over the Eastern breccia, a long area zoned in purple where I indicated Had 104.
There are numerous tellurides, judging by stage 1 bismuth telluride looks to be the obvious.
The overprinting of stage 1 by sulphides in stage 2 is more than likely changed this ,
Nickel tellurides maybe a possibility I would not like to speculate but it looks like there could be a range of tellurides.
Perhaps the nickel tellurides are just not discernible
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 4:54 pm
by Bamps21
From this plan you can see that the bismuth , tellurides and copper seem to be overlaid with each other on the extremities of the Eastern breccia
Re: Damien Stephens: Havieron History, Character and Potential -
Posted: Sun Jul 24, 2022 6:17 pm
by strudel
Damien's audio acknowledged that they had noticed that there were higher concentrations of interesting metals that seemed to align with the EB, even though it was 1,000m below the sampling location....... and they weren't entirely sure what to make of it yet.
- is this a chunky version of MMI techniques?
If it develops into a recognised technique to find satellite deposits then it is a nearologist's dream come true. If I recall correctly SD said the EB was only found cos the geo on the rig drilling from the west and going deep decided to keep going as the drill tip was still in breccia even though they'd gone as far as planned. You've gotta have a huge amount of trust in the drill team if you let them do an extra 200m using their own gumption in the field.