They drilled 3634m over 900m for an additional 107,000 oz at Big...

First 23 Last

Share
Profile

Follow
matchbox20

12,922 Posts.

266

21/10/21

20:52

Post #: 56982329
Share

Originally posted by flyboy77 ↑

They have good pedigree. Simon C in particular.

Things I picked up:

1. 105 holes drilled at Camel Creek for circa 13,500m thus far. 2.2km of strike.
2. New drill program (diamond) to start 27 October for 500m (which seems wrong if one hole is likely 300-350m). Results December then onto the JORC calculation.
3. Likened mineralisation (or metallurgy?) to Mt Carlton.
https://www.navarre.com.au/navarre-to-acquire-mt-carlton-gold-mine-from-evolution-mining-90-million/

4. Suggested 400k oz to get serious about a development (previously he had said 250k oz). The other two projects have circa 180k oz, can Camel Creek generate 220k oz+ (I'd like to think so).
5. Extra drilling planned at Golden Cup and at Mike's Anomaly (very near to Big Rush).

6. Capital raising not far away. Circa $1m now in kitty.

Expand

They drilled 3634m over 900m
for an additional 107,000 oz at Big Rush.
They drilled 3.7 times the metres at Camel Creek
over about 2.5 time the length.
It would be disappointing if they didn't get 2.5 times
Oz discovered at Camel Creek over Big Rush.

GNM Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

RCE

Recce locks in $30M to boost commercialisation across ASEAN region

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

First 23 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $2.164M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$2.333K	166.6K

Buyers (Bids)

No.	Vol.	Price($)
2	677219	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	34299	1

View Market Depth

No.	Vol.	Price($)
2	677219	0.014
2	115037	0.013
5	1825000	0.012
2	272725	0.011
2	599995	0.010

Price($)	Vol.	No.
0.015	34299	1
0.017	110000	1
0.020	6667	1
0.021	197610	2
0.022	43475	1

Last trade - 16.10pm 17/06/2025 (20 minute delay)

GNM (ASX) Chart

They drilled 3634m over 900m for an additional 107,000 oz at Big...

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Recce locks in $30M to boost commercialisation across ASEAN region

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

They drilled 3634m over 900m for an additional 107,000 oz at Big...

Top Stories

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Recce locks in $30M to boost commercialisation across ASEAN region

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News