Ormonde Mining Share Discussion Threads

[cal57] 01/7/2023 14:07

If you bother to go on the TRU website and do some research you will see that this could be a very good investment for ORM.

[gotabsirius] 01/7/2023 12:15

So why are you posting you moron!

[lookingforhelp] 01/7/2023 12:03

More detail than they provide. I don't own the stock, which is a benefit. I don't think any existing holders will ever be able to get their money out of this lobster pot.

[gotabsirius] 30/6/2023 19:32

How much detail do you want? Take a look at tru website.

Gold and copper is just fine with me!

[lookingforhelp] 30/6/2023 19:27

Amazingly bad announcement.Poorly written, no detail, no timeline and clearly no idea.

[diamond_mountain] 30/6/2023 19:14

Total farce.

[bibdaddy] 30/6/2023 19:06

Fascinating RNS....lots going on.

[diamond_mountain] 28/6/2023 19:22

Total garbage

[diamond_mountain] 11/6/2023 19:57

Aberdeen Mins website says they have 74 square kilometres of agreements. Anyone know how much Peak have got?

[diamond_mountain] 11/6/2023 19:50

Do ORM need to make announcements while they are suspended? It's not as if they can have market sensitive information when the shares are untradeable. Main concern is getting an Aim admission doc issued and EGM for shareholder approval of a transaction before early August when it otherwise gets delisted. Time running out.
Well, the main concern actually is that they are putting shareholder funds into a dog of a project. The board are hardly qualified to decide so are they or someone else taking the pi$$ here? Why not announce the Peak project details if it appears they are already public knowledge and being discussed at conferences?

[lookingforhelp] 11/6/2023 10:37

The Peak CEO was telling everyone at a conference a few months back that he had a drill rig booked, so the lack of an announce should be a concern to ORM.

[lookingforhelp] 11/6/2023 10:35

They are both in the same province, but no other similarity - both low grade. In Western Australia those grades would be considered background levels and very uneconomic. Both Aberdeen and Peak are trying to find high grade zones in low grade deposits - RIO weren't stupid.There are some high grade targets to the south but they are owned by another private group.

[gotabsirius] 09/6/2023 08:41

Is Knock not part of the same geological structure that ABL have just drilled?

Do you think Peak have a drill rig on site? You obviously seem to know more about this than me as I'm just trying to read between the lines... thanks in advance

[lookingforhelp] 08/6/2023 21:30

Nothing. There's no link between Aberdeen Minerals and Peak Nickel.Just waiting for Peak's assay results now...remember the Knock resource was 0.5% Ni and 0.3% Cu, but only 7Mt.Still, higher grade than Arthrath which is 0.2% Ni and 0.1% Cu...I'd go as far as to say that's not even mineralised.

[diamond_mountain] 08/6/2023 11:16

All very interesting. What's it got to do with ORM?

[apotheki] 08/6/2023 10:56

SP Angel . Morning View .

Aberdeen Minerals (Private) – Drilling results from Aberdeenshire exceed expectations.
Aberdeen Minerals has reported results from its initial, 1,715m, seven hole diamond drilling programme on the Arthrath project in Aberdeenshire.

The recent drilling, which follows up on past exploration by Rio Tinto during the early 1970s, intersected nickel-copper-cobalt sulphide mineralisation in all holes and confirms “the depth continuity of mineralisation 100 metres below the level of historical drilling”.

Among the results reported today, which include “the longest hole ever drilled at Arthrath, AR007DD (400 metres)” are

A 90m intersection at an average grade of 0.28% nickel, 0.18% copper and 0.02% cobalt from a depth of 184m in hole AR007DD; and

An 89m wide intersection at an average grade of 0.22% nickel, 0.17% copper and 0.02% cobalt from a depth of 95m in hole AR001DD; and

A 44m wide intersection at an average grade of 0.30% nickel, 0.29% copper and 0.03% cobalt from a depth of 98m in hole AR002DD, including 12m averaging 0.45% nickel, 0.44% copper and 0.04% cobalt; and

15m at an average grade of 0.42% nickel, 0.28% copper and 0.05% cobalt from a depth of 39m in hole AR003DD

The Arthrath project is described as “the largest known nickel deposit in the UK … [and] … is classified by Aberdeenshire Council in its Local Development Plan as an important mineral safeguarded site, where other forms of development should not generally be allowed, to protect mineral deposits from sterilisation. It is located 6 kilometres north of the town of Ellon and is easily accessible year-round by road infrastructure”;.

Aberdeen Minerals has “retained CSA Global (a division of ERM), an independent mining industry consultancy, to prepare a maiden Mineral Resource Estimate and / or Exploration Target in accordance with the JORC Code 2012”.

Commenting on the results of Aberdeen Minerals’ maiden drilling programme, Chief Executive, Fraser Gardiner, described it as “a resounding success … [and said that the] … levels of mineralisation have exceeded our expectations and we are strongly encouraged by the evidence supporting an exploration model of increasing sulphides and corresponding metal grades at depth. It is now apparent that historical drilling only scratched the surface which makes us very excited about the mineral potential at the project and surrounding district”.

[lookingforhelp] 08/6/2023 10:13

In fact, on reading it again, it's worse than I first thought.The CEO's quote is terrible..."Our maiden drilling programme at Arthrath has been a resounding success. The levels of mineralisation have exceeded our expectations..."FFS...what were they expecting ?

[gotabsirius] 08/6/2023 09:03

hxxps://aberdeenminerals.com/news/news-releases/230608-drilling-programme-results/

[gotabsirius] 26/5/2023 10:55

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?