@teevee James Bay region is one of the most important spodumene districts world wide, with largest deposits hosted in volcanic greenstone belts as exemplified by PMET's Corvette prospect. Not all greenstone belts host spodumene rich pegmatites. The key are Vieux Comptoir 3 spodumene rich pegmatite intrusions. When they do, as in the case of PMET, the entire greenstone belt is prospective. $OZAU recently picked up the western half of the greenstone belt that is host to known spodumene rich Vieux Comptoir pegmatites (see, click on and zoom - nAvcr3 in reference below). Today, $OPHR announced they acquired the eastern half of the greenstone belt, with at least one known pegmatite with spodumene. Proximity to a Vieux Comptoir batholith and a favourable structural setting bodes well for discovery of additional spodumene rich pegmatites in this belt. For reference: https://gq.mines.gouv.qc.ca/lexique-stratigraphique/province-du-superieur/suite-granitique-du-vieux-comptoir_en/ Disclosure: I am long OPHR
Ophir Gold Corp. Announces Start of CSAMT Program
From talking to Mr. Westcott, here is my understanding. The gold in these epithermal systems is mainly in the quartz and silicification. The CSAMT will show Ophir where all the silicification is across the property where they run this survey. Based on old drill data, and modern surface exploration and mag survey, Ophir is in a treasure hunt to find where the gold is. The CSAMT survey underway will be the most useful tool to help them find where to drill to find where silicification and hence gold potentially is. It will also show Ophir just how big the Breccia zone trend is, and where new targets are, that are currently “blind” to them.
Market sure liked the news. Heavy Vol and $$$'s
NR: Company Announces 5-Year Plan of Operations
14K meters to be drilled in 2021, plus a 5 year plan for aggressive drilling 2022 and beyond without any further need of permits. Important.
Ophir Gold Announces Submission of a 5-Year Plan of Operations
President and Director, John Armes, just announced his resignation.
Not surprising at all. I've been expecting this for some time, following the reverse takeover (RTO) of MinKap. A small company doesn't need a President in addition to a CEO. Sounds like everything was amicable.
Ophir Gold Corp. Announces Resignation of President and Director
CEO buying on market ....
Westcott (Shawn) Investments
Company Name Ticker Reported Value of Shares Held (MM) This Holding as % of Firm's Portfolio # Shares Held Change in # of Shares Held % Change in # of Shares Held % of Shares Outstanding Held Holdings Date Filing Type
Ophir Gold Corp OPHR $0.0 - 290,000 10,000 3.57% 0.58% 4/22/21 SEDI
Nice report written in Dutch ...
I'll add this note... the report didn’t include the 1980’s, exploration work included mapping and sampling, completion of at least two drill holes and the collection of a 4,621 ton bulk sample which reportedly returned an average of 0.335 oz/t Au.
Looks like this firm has 2 mil shares
Pathfinder Asset Management Limited $0.3 22.57% 6.39% 2,000,000
Thnx will check it out. Yep into gold, silver, lithium, cobalt, and of course copper. All part of commodities supercycle we are now in. Since its early in the cycle there are millions to be made buying the right companies. EXMGF for one, will be a big winner. All about belief in your investment and patients.