Minerals 260
Bell Direct with Tim Goyder 19Sep25
we could not find any fatal flaws,
2.3mil/ozs at $72/oz, 30mil mc raised 220mil, 1.2 grams orebody,
can we go 10 times our money here, we’re looking for a 2-$3Billion market cap,
as an investor 7 to 10 times money, our investors Samuel Terry, BlackRock, Franklin Templeton are on a journey with us,
world is worried about the US$ and US debt, govts are buying gold,
historically not much drilling below 150-180m we’re going to 400m and having success, MRE in December and we want to go on beyond that,
150kozs pa, resource update, a project like Capricorn which is a similar grade and similar sized project and they’re capped at $5 Billion,
our exploration results warrant further drilling, this orebody is going to command extensive drilling, I think we are going to have rigs there drilling non-stop,
possibly parallel systems,
Diggers and Dealers 2025 Luke McFadyen
average RC hole to date is 220m compared to 60m (in previous drilling), and we haven’t yet found the bottom of the mineralization, 40% infill, 40% depth extensions and 20% strike extensions,
Gather Round 2025 Luke McFadyen
historical data shows 11,500 holes out of 12,000 drilled were when the gold price was 500-US$600/oz with 60% at 50m or less,
we have 8-1/2 kms of strike and we’re going for the low hanging fruit and drilling deep,
ounces per vertical metre perspective is between 10 and 20 thousand ozs/vertical mtr and it gets higher the deeper we go so if we can get 100 metres of drilling we can add between 1 and 2 million ounces, if we go deeper we get more ounces
Bell Direct with Tim Goyder 19Sep25
we could not find any fatal flaws,
2.3mil/ozs at $72/oz, 30mil mc raised 220mil, 1.2 grams orebody,
can we go 10 times our money here, we’re looking for a 2-$3Billion market cap,
as an investor 7 to 10 times money, our investors Samuel Terry, BlackRock, Franklin Templeton are on a journey with us,
world is worried about the US$ and US debt, govts are buying gold,
historically not much drilling below 150-180m we’re going to 400m and having success, MRE in December and we want to go on beyond that,
150kozs pa, resource update, a project like Capricorn which is a similar grade and similar sized project and they’re capped at $5 Billion,
our exploration results warrant further drilling, this orebody is going to command extensive drilling, I think we are going to have rigs there drilling non-stop,
possibly parallel systems,
Diggers and Dealers 2025 Luke McFadyen
average RC hole to date is 220m compared to 60m (in previous drilling), and we haven’t yet found the bottom of the mineralization, 40% infill, 40% depth extensions and 20% strike extensions,
Gather Round 2025 Luke McFadyen
historical data shows 11,500 holes out of 12,000 drilled were when the gold price was 500-US$600/oz with 60% at 50m or less,
we have 8-1/2 kms of strike and we’re going for the low hanging fruit and drilling deep,
ounces per vertical metre perspective is between 10 and 20 thousand ozs/vertical mtr and it gets higher the deeper we go so if we can get 100 metres of drilling we can add between 1 and 2 million ounces, if we go deeper we get more ounces