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[xow98] 09/4/2024 07:59

First production from Tavsan "during 2024". Wasn't it in Q2 2024?

[shortarm] 09/4/2024 06:09

Summary

Pallas has been granted a new sediment-hosted copper licence, the Bor Project (89km2).
Bor is located in the Chu-Sarysu basin, one of the largest and best-endowed sediment-hosted copper basins globally.
The project was acquired under exploration partnership with First Quantum Minerals, an alliance formed to target world-class copper systems.
Bor is considered highly prospective, targeting an undercover host horizon which coincides with major structural intersections akin to those found at the basins largest deposit, the Tier 1 Dzhezkazgan Mine (2.0Bt @ 1.1% Cu for 22MtCu, mined for 100+ years).
The acquisition increases Pallas’ total landholding within the Chu-Sarysu basin to 693km2 - a strategic footprint in a globally significant copper basin.

[shortarm] 09/4/2024 06:07

Pallas Acquires the Bor Sediment-Hosted Copper Project in partnership with Global Copper Major

[xow98] 08/4/2024 22:14

About - Dokwe Pre-Feasibility

Dokwe has a JORC (2012) Measured and Indicated Mineral Resource of 1.2M oz gold averaging 1.05 g/t Au and, using the economic parameters agreed with our consultants (Minxcon (Pty) Ltd), this converts to a mineable Ore Reserve of 0.8M oz gold at an average head grade of 1.36 g/t.

In March 2022, Minxcon (Pty) Ltd of South Africa completed a positive Pre-Feasibility Study on Dokwe North.

The study proposes a 12 year open pit mining operation producing approximately 60,000 oz of gold per year.

The open pit is optimised with four stages to allow early access to ore and to defer waste stripping of sandstone and calcrete cover.

Gold will be recovered by conventional milling, gravity, flotation and cyanide leaching

280 new, long term jobs will be created by the project.

The Pre-Feasibility Study has robust economics with the financial model (post tax, real terms at an 8% discount rate) based on $1650 per Au oz, giving returns of :-
• IRR 24%
• NPV $88million

[charles clore] 08/4/2024 21:23

Scorscribbler - thanks for the heads up!

[scorscribler] 08/4/2024 20:27

From rockovers website:In March 2022, Minxcon (Pty) Ltd of South Africa completed a positive Pre-Feasibility Study on Dokwe North.The study proposes a 12 year open pit mining operation producing approximately 60,000 oz of gold per year.News due soon.

[soulsauce] 08/4/2024 18:12

Cheers xow.

[soulsauce] 08/4/2024 16:59

Sorry don't have the link but Zimbabwe have launched a gold backed currency. Can't do our venture into gold in Zim any harm.
I don't think it will be the last country to do that, maybe the first of many.

[soulsauce] 08/4/2024 16:43

Indeed Shortarm. 10k an oz and we would all be rich, even me with my comparatively meagre holding.

[shortarm] 08/4/2024 16:33

A strong RNS in the morning would be nice to cement this rise!

[shortarm] 08/4/2024 16:13

You know I do! :-)10k an ounce would fly Venus lol

[soulsauce] 08/4/2024 15:42

Think you mean 10k per tonne Shortarm. Copper currently 4.29 per lb.

[shortarm] 08/4/2024 15:16

I am actually looking forward to Hertica news the most at the moment, Newmont were apparently very keen to continue there!

[shortarm] 08/4/2024 15:15

Hopefully raises some enthusiasm for the long awaited Venus IPO!10 thousand dollars an ounce should help!

[xow98] 08/4/2024 14:24

Copper 4.29, 14 month high

[zedder] 08/4/2024 11:45

The ADVFN financials shows our P/E ratio at 6.67.With the increase in the gold price surely that must be getting down towards between 4.0 and 4.5 now?

[m5] 08/4/2024 11:19

Amazing what a bit of comms does.

[shortarm] 08/4/2024 10:55

The silver content in these shallow results is superb and makes a massive difference to costs/profits.
· Zafer: KCR-D40-23: 17.2m @ 1.99g/t Au + 153.4g/t Ag from 14.0m

· Ziya: KCR-D32-23: 2.9m @ 9.62g/t Au + 25.3g/t Ag from 27.2m

· Zeki: KCR-D29-23: 5.9m @ 4.53g/t Au + 72.8g/t Ag from 11.2m

[soulsauce] 08/4/2024 10:53

So that video says a nominal 25k oz pa across the 'whole' Zenit mining area which includes Tavsan, Kiz and the satellites. Did I hear that right?

Disappointing if so.

Lots been going on but who would know it :-/

[thanksamillion] 08/4/2024 10:49

Hmmmm!

Was that the new lean look Kerim with much trimmed goatie?

[cinoib] 08/4/2024 10:44

Who was it, come on own up. Who told Aau that gold has past $2,335. That's about 15% above where it was when Aau was 6p so now we should be 9p not still stuck on a bit over 2p

[shortarm] 08/4/2024 10:39

Maybe it was this one?
1.9m @ 30.56g/t Au + 37.7g/t Ag

[shortarm] 08/4/2024 10:38

Did we hear about a couple of metres at 40g/t from Kizilcukr before now??

[xow98] 08/4/2024 10:12

Andrew Scott
@AndrewScottTV
*NEW VIDEO*

#AAU @ArianaResources


Ariana Resources MD Kerim Sener Talks @JustStocks_Au

Through Significant Resource and Reserves Boost In Turkey #gold #silver