Ormonde Mining Share Discussion Threads

[gotabsirius] 26/5/2023 09:55

From RNS 7 Feb:

Initial Work Programme

The Investment Proceeds will be expended under an agreed work programme (the "Initial Work Programme"). The Initial Work Programme, which is anticipated to commence imminently and complete within three months, will include approximately 1,350 metres of diamond core drilling, following which it is anticipated that a code-compliant resource estimate will be completed for the purposes of preparing a Competent Person's Report.

The only core drilling has been done on the Aberdeen Minerals site....unless they've been drilling the wider area as well whilst rig was on site?

[gotabsirius] 26/5/2023 09:41

Asx was mentioned but that was perhaps before Orm got interested. Orm offers direct route to market, cash and Fraser Gardiner knows/involved with both companies. I'm 99% sure this is the project that orm are interested in...how peak nickel comes into it is another question but given they are all non profit shells it's pretty irrelevant.

Given peak nickel have been liking Aberdeen Mineral posts on their linkedin site shows there's obviously a connection/interest.

Given the PR from Aberdeen Minerals earlier this week it looks like core samples are showing significant mineralisation. Then directors took up their options and increased their shareholding. They've probably done this pre a significant shake up....

Pretty sure we'll hear news for ORM very soon

[lookingforhelp] 26/5/2023 08:58

Aren't these guys targeting a listing on the ASX ?

[gotabsirius] 26/5/2023 08:57

Where is Peak Nickels assets ?

[lookingforhelp] 26/5/2023 08:57

BGS provides historical resources for both Aberdeen and Peak's projects.Aberdeen Minerals have the Arthrath project that has a historic resource of 17Mt at 0.2% Ni and 0.1% Cu.Peak Nickel has the Knock project which has a historic resource of 3Mt at 0.5% Ni and 0.3% Cu.

[lookingforhelp] 26/5/2023 08:51

No link between Peak Nickel and Aberdeen at all. In fact, quite the opposite. Both running their own shows on very different (and very low grade) nickel projects.

[gotabsirius] 26/5/2023 07:33

Go on peak nickels linked in page and note what they've been 'liking' 😉

[diamond_mountain] 25/5/2023 16:30

Their website refers to £1.1 million raised in January, nothing about any deal with Ormonde. Seems to be unrelated to Peak Nickel.

[gotabsirius] 25/5/2023 13:32

It's the only drill exploring for nickel in the UK so it has to be involved with the announcement in Feb. Plus our ex Director Fraser Gardiner is at the helm at Aberdeen Minerals so it all fits together. Core sample results imminent.

Notice other Directors took up share options this morning in announcement. Looks like they are preparing the ground for major corporate activity imho

[paulwinter10] 25/5/2023 12:59

hello dear sirs,

Have we shares in Aberdeen Minerals through Ormonde?

I missed the boat with chipmakers cashing in on AI.

Hopefully, my ship will still come in.

Kind regards,

Paul Winter.

[gotabsirius] 25/5/2023 11:37

Who do you think put the money up in February fund raise for drilling!!!

[diamond_mountain] 25/5/2023 10:44

Wonderful for Aberdeen Minerals, what's it got to do with Ormonde's agreement with Peak?

[gotabsirius] 25/5/2023 06:53

The mineral exploration company, Aberdeen Minerals, invited Gillian Martin MSP on a site visit in Aberdeenshire to illustrate the work they are doing in the region.

Founded in 2018, the company is currently engaged in mineral exploration in North East Scotland to locate battery raw materials, with the aim of supplying the zero-emissions electric transportation sector.

Drillings and surveys from the 1960s and 70s informed the company that the region may be worth exploring as a source of necessary raw materials that only imported, including copper, nickel and cobalt. The company suggests that sourcing these materials domestically comes with assurances of environmental protection, security, and safe, fair labour.

During the site visit, Aberdeen Minerals General Manager Drew Craig showed Gillian Martin MSP a site outside of Ellon where the company had previously carried out sample core drilling. This site had been selected following a process of aerial surveying using a helicopter, which completed last September.

Sample drilling at sites for ground exploration is subject to permission from the landowners, a stage during which Aberdeen Minerals has worked with NFUS in engagement with those landowners, most of whom are farmers.

The next pivotal stage for their project is pursuing JORC code - JORC is the Australian code for reporting results of exploration for minerals and ore and forms an important aspect of trading minerals.

After visiting the site, Ms Martin met with representatives Aberdeen Minerals at their technical unit where she was shown cores they’ve found that contain extractable elements. CEO Fraser Gardiner gave an overview of their recent work, while geologists Cecelia Bradley and Dr David Holwell went over some finer technical details.

Ms Martin was told that the company wants to engage soon with local schools and young people groups for educational purposes and with a view to possibly attract interns.

Following her visit, Gillian Martin MSP commented:

“I’m delighted to have learned what mineral exploration in Aberdeenshire entails, and where it’s going. I want to extend my thanks to Aberdeen Minerals’ CEO Fraser Gardiner, General Manager Drew Craig, and geologists Cecelia Bradley and Dr David Holwell for showing me where their efforts have taken them so far.

“While visiting the core drilling site outside of Ellon, what really struck me is that you’d never guess the place had been the site of recent drilling – their exploration is being carried out with the lightest touch, and while focused on exploration, the company supports the lowest-impact methods of removing minerals. Aberdeen Minerals are tapping into something which has been untouched for decades, exploring resources which could benefit Scotland in the future.”

[lookingforhelp] 24/5/2023 21:14

where is that? Would be keen to read it.

[gotabsirius] 24/5/2023 20:43

Drilling complete. Core samples being analysed. Some PR today from our old Director....it's all out there

[lookingforhelp] 22/5/2023 11:19

1350m of drilling announced on 7 Feb, to commence 'imminently'. Assuming 20m per day, drilling should have taken 60-70 days...allow some time for mobilisation and setting on new holes...this should have all been finished a few weeks ago. Perhaps Chris King is still logging the holes.

[diamond_mountain] 20/5/2023 08:06

Would helpful to know if, when and in country any drilling has actually taken place!! It would be very gracious of the directors to provide us, the owners, with a little bit of information.
Annual results due next month, we may have to wait until then.

[paulwinter10] 19/5/2023 16:19

Good evening, folks, why not get an Irish Lotto ticket worth a tidy €8m? Increase your chances with a €50m euro ticket tonight! These seem to be better odds then Ormonde! Why are we being kept in the dark about the future at Ormonde? Is the office still in Meath?

Kind regards,

Paul Winter.

[lookingforhelp] 19/5/2023 14:39

That drilling Peak Nickel did must have been amazing...

[lookingforhelp] 26/4/2023 10:33

King, McKenzine...probably interchangeable.

[bibdaddy] 25/4/2023 18:40

Chris Mackwnzie..I think is the director at Peak

[diamond_mountain] 25/4/2023 17:42

I don't think that's correct, a different Chris maybe.

[lookingforhelp] 25/4/2023 17:09

He's the CEO of Peak Nickel.

[diamond_mountain] 25/4/2023 13:46

Who is Chris King?
It's too bad the company doesn't tell anybody anything. It means investors don't trust it.

[lookingforhelp] 25/4/2023 11:53

Chris King keeping things to himself?