GED 0.00% 2.9¢ golden deeps limited.

So lets dig a little deeper with this potential beast ... Golden...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 226 Posts.
    lightbulb Created with Sketch. 677
    So lets dig a little deeper with this potential beast ... Golden deeps .

    We hear alot of mining jargon from announcements and reports from management. " Exceptional " Outstanding, High-grade, Very high-grade, World-class and so on ! We are so lucky to have these descriptions coming from our projects.

    Khusib Springs was a shallow depth operation. But before it's closure, it did produce a very high-grade 300kt @ 10% Copper & 584g/t Silver to only 300m depth. If the low copper price didn't force its closure In 2003, I'm certain it would be in full operation today.

    Previous drilling of shallow levels produced intersection that included:

    - 4.5m at 35.19% Copper and an incredible 2091 g/t Silver - thats 2kg of silver per tonne on that intersection alone.
    - 14.0m at 8.12% Copper, 385g/t Silver ... both outstanding intersections.

    We have a 5km corridor of incredible opportunity from east to west right there at Khusib. The ore-bodies may not be huge, but very high-grade or, be huge and all company makers...time will tell. Drill results can't be far away and if Khusib delivers as it most likely will, that alone will be a company maker.

    " Hey, but there's more " NOSIB AND ABENAB !!

    Nosib, another little untapped jewel to the west of Khusib. Developed but never mined .." what the hell were they thinking? Some initial Channel sampling at Nosib returned:

    6m at 9.3% Copper, 4.72% Lead and 7.92% Silver !!

    Recent further RC and diamond drilling returned exceptionally thick, high-grade results such as :

    - 53.52m @ 1.15% Cu, 0.62% V0, 3.49% Pb, 4.57 g/t Ag .. from surface incl :
    - 25.47m @ 1.71% Copper
    - 11.74m @ 2.67% Copper.
    - 9m @ 3.66% Copper
    - 29m @ 1.54% Copper
    - 24m @ 1.33% Copper and a whole lot of Vanadium, Silver and Lead mineralisation from the oxide zone.

    Next steps at the Nosib Prospect include Maiden resource estimation and open pit mine optimisation studies. So it's potentially big and " go go go at Nosib" !

    Not forgetting Abenab high-grade Vanadium-Lead-Zinc project, once known as the richest and largest deposit of vanadate ore in the world when vanadium had nothing to do with batteries, but now does ( Big time )
    During it's 26 years of operation, it produced high-grade ...

    102,000 tonnes concentrate @ 18% Vanadium Oxide, 13% Zinc, 42% Lead.
    74,000 tonnes concentrate @ 13% Vanadium Oxide, 72 % Lead at Abenab West formerly ( Christiana )

    We have three Outstanding opportunities in Namibia . World-class environment with incredible Historic returns in the past.
    Two historical production neighbours who produced:

    Tsumeb Mine ( 30mt @ 4.3% Copper, 10% Lead, 3.5% Zinc ..and
    Kombat Mine ( 32mt @ 2.21% Copper, 1.33% Lead, 4.4g/t Silver ...all close by in the Otavi Copper Belt. So ...

    - A past SP over $1.00 on the Blue Funnel project excitement in 1994.
    - No share consolidation for years @ 1.1b SOI
    - Little chance of CR for at least 12-18 months until production.
    - World-class Copper Belt with proven outstanding mines historically.
    - Cash to really overheat those drills in all projects.
    - Amazing CEO with 34 years of experience and a track record of success in Brownfield discoveries.
    - Way, way, way undervalued SP and MC with massive upswing potential.

    I suggest 0.016 cents will be a distance memory and party joke beginning with major success at our baby " K H U S I P S P R I N G S "

    As always DYOR

    Cheers
 
watchlist Created with Sketch. Add GED (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $4.394M
Open High Low Value Volume
2.9¢ 2.9¢ 2.9¢ $1.182K 40.76K

Buyers (Bids)

No. Vol. Price($)
1 59236 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 538918 1
View Market Depth
Last trade - 10.10am 12/11/2024 (20 minute delay) ?
GED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.