Hi flyboy77,The diamond drill holes will be measured from the...

First 8 Last

Share
Profile

Follow
ronme

1,661 Posts.

512

20/10/21

12:44

Post #: 56936045
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

Hi flyboy77,
The diamond drill holes will be measured from the bottom of the already drilled pre-collar drill holes.
For example those 3 holes they previously told us about they had targeted could be say another 100 metres each deeper and that additional 4th hole which had some issues could be say 200 metres further day to add up to 500 metres.
But you can check and ask them.

Last edited by ronme: 20/10/21

GNM Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

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

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

MEM

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

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

First 8 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

Hi flyboy77,The diamond drill holes will be measured from the...

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

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

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

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

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Hi flyboy77,The diamond drill holes will be measured from the...

Top Stories

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

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

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

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

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News