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Anglo American via their subsidiary Zamanglo drilled KONKOLA WEST with 8 diamond holes with deepest 240m from surface and RESOURCE of 5.3Mt @0.76% cu COPPER. Average thickness 5.5m. Caledonian followed up with further soil sampling with clear zone of copper mineralisation etc. Source: Via Official SEC Filing of CPR. Now on Twitter, Fri, 10.5.24.
DYOR, NIA. The above was just found via research.
Surely TYM is going to go absolutely crazy soon. Too low mcap, too much intrigue, too many things going on short term, too many other prospects long term.
Id say so defo scope for 200-300% rise imo. its all happening at once!!!! 3 m mcap lol UFO was 50 on nothing
Launch next weeek no doubt bout it!
KONKOLA WEST:
Competent Person's Report [CPR] per SEC Filing: Caledonian Mining:
"Note 8.3: Zamanglo continued with extensive pitting, diamond drilling and surface mapping across the Konkola area. Further work was curtailed by the NATIONALISATION of the copper industry in Zambia. In 1956, ANGLO AMERICAN....
Note 8.4: Joannesburg Consolidated Investments Ltd: JCI's principle involvement in the area began in 1995-------JCI DRILLED TWO DIAMOND HOLES IN THE ==NORTHWEST OF THE KONKOLA WEST LICENCE==but these were never FULLY LOGGED AND SAMPLED." [Zamanglo was the subsidiary of Anglo American].
Note 8.6: Following the LIBERALISATION of the Zambian economy and changes in the MINING LAW in 1991, Caledonian Mining moved into Zambia."
Comment: So, the KONKOLA WEST licence has been explored by 3 co's starting with Zamanglo [sub of Anglo American] , then JCI and then Caledonian. Now, it is TERTIARY who owns this licence. SO, ANGLO AMERICAN HIT COPPER with deepest drilling to 240m and had a resource of ==5.3Mt @0.76% cu copper, average thickness 5.5m having DRILLED 8 HOLES. JCI drilled TWO DIAMOND HOLES but never fully logged and sampled. When Tertiary Minerals took over this licence, the above would also be FILED into the Zambian Registry ie CPR as above filed with the SEC. KOBOLD in fact JV into LUAMBE, and DRILLED DEEPER to the EAST and EXTENDED the RESOURCE FURTHER [see Porter Geo] . Kobold RENAMED Luambe EXTENSION to ===MINGOMBA.=== So TYM/KOBOLD may also be drilling deeper but which spot not sure as that is NOT disclosed? SO, LOOKING FORWARD TO NEWS as KONKOLA WEST HAS BEEN DRILLED by two co's as above and Caledonian also did further soil sampling. TYM/KOBOLD started drilling at Konkola West on 16.4.24 and on 24.4.24 reached 150m. Today, TYM 's Mr Cheetham had a meeting with KOBOLD. DYOR. NIA. Fri, 10.5.24 @6:25pm, Stock Mkt Closed.
For perspective:
TYM RNS, THUR, 9 MAY 2024:
It was about TYM MUPALA sitting on the licence area of Anglo American JV with ARCM. In the RNS, TYM showed a MAP of TYM MUPALA & MUKAI which are OPPOSITE each other owned by TYM. On TYM Mukai, it is NEXT to FIRST QUANTUM'S HUGE SENTINEL MINE and marked "894Mt @0.49% cu."
Comment: So, the Anglo American drilling at KONKOLA WEST with a GRADE OF 0.76% CU is better than the LOWER GRADES the other side of Zambia called the ZAMBIAN DOME AREA of which FMQ Sentinel are located. Hence , why TYM said that FMQ 's JV with AFP next door to TYM MUKAI -------------the soil sampling shows that the mineralisation extends to TYM Mukai and is HIGHER grade than FQM. Since Anglo American fought to get TYM's MUPALA licence, it is now without doubt, majors are indeed "scrambling"for copper licences per Chairman of TYM. ACRM's mkt cap is £24m WITHOUT any mine or resource, so just for the licence. Hence why SP Angel said TYM target price is $4m, median $18m & $24m for THIS STAGE. I also listened to the President of Kobold and he said that FOR KOBOLD, ZAMBIA IS IMPORTANT TO THEM @MINGOMBA. BHP had done a JV with Ivanhoe Electric to look for COPPER and critical metals in the USA ie SW USA and they are using AL TECHNOLOGY to find deeper deposits, just like Kobold. DYOR. NIA.
News, you might want to look at the map in that report. License PLLS175, referred to as Konkola West, is not the same license that TYM now have. It’s actually refers to the license to the north of Konkola West, 8625-HQ-LML, now owned by Suhails International Limited.
SeisNav
Right, I will look and see which licence you mean. I am about to have dinner. What about the STRATIGRAPH DRILL at the NW of Konkola West.
Seis Nav
You refer me to Konkola West Licence PLLS175 of the CPR Report filed at the SEC for Caledonian Mining.
I have now gone to TYM website for KONKOLA WEST and it is stated in the HEADER: " TYM KONKOLA WEST COPPER PROJECT 2 7 0 6 7- HQ-LEL ." But on the above CPR, there is NO SUCH KONKOLA WEST licence 27 067 HQ-LEL.
My guess is that with the release of the nationalisation of licences, they are now under DIFFERENT licences areas. I dont want to ask TYM at this moment but if you think NOT ie NO STRATIGRAPHY DONE on the land package of KONKOLA WEST , then let's leave it at that. Why? When TYM next reports the results, all will be made known. Suffice to say that on Twitter, TYM replied to a question about LOWER ROAN on their website which hosts the COPPER mineralisation and this is the SHALLOWER part, hence Anglo-American's Zamanglo hit copper at 240m, which has to be the LOWER ROAN as that is the geology of the area.
---------FOR THE AVOIDANCE OF DOUBT-------
I am satisfied that , it is CONSISTENT on TYM's website that the KONKOLA WEST -----LOWER ROAN FORMATION---is stated to be the COPPER MINERALISATION formation. It was questioned on this forum before that the HOLE IS DEEP ie drilled by TYM/KOBOLD and hence, there is NO LOWER ROAN formation at TYM/KOBOLD JV KONKOLA WEST. It was asked on Twitter and TYM has re-tweeted that question. TYM's reply was that there is LOWER ROAN FORMATION with copper mineralisation as per geology of the area and the DEEPER part as well. So , if it is STATED ZAMANGLO, SUB OF ANGLO AMERICAN DRILLED 8 HOLES and hit copper at 240m @0.76%cu copper, with 5.5m average thickness, then THIS IS CONSISTENT WITH THE ROAN FORMATION as is common to the Konkola area. SO, FOR AVOIDANCE OF DOUBT, IT IS FACT THAT LOWER ROAN has hit copper at KONKOLA WEST via 8 holes by AngloAmerican and therefore: FACT THAT KONKOLA WEST LOWER ROAN HAS COPPER hits and is consistent with the geology of the Lower Roan. So, the only point of difference is that you say TYM'S LICENCE DOES NOT INCLUDE THE OLD ANGLO AMERICAN LICENCE? Maybe, someone can ask further of TYM.
What I’m saying is that the license you are talking about is not the same license that is now called Konkola West. Have a look at the map and compare it with the licenses in the mining Cadastre website.
SeisNav
Can I ask you something please ,if you dont mind. I look at ACRM /AA because TYM Mupala is NEXT DOOR or directly adjoining the ACRM/AA licence. Therefore, you have been posting on the ARCM forum so it is my conclusion you are a shareholder of ARCM. On Twitter, you also use the same name as on this forum and again, you post on ARCM ---& in particular the SOIL SAMPLING MAP. However, you DID NOT POST THIS ON THIS FORUM even though it has RELEVANCE. Why? The soil sampling is very concentrated NEAR the BORDER to TYM Mapula. THAT IS THE REASON WHY AA may have wanted TYM's licence including OTHERS. A/c to the TYM RNS of 9 May 2024 on Mapula , there is HISTORICAL SOIL SAMPLING. I have NEVER INVESTED in any junior explorer that HAS ABSOLUTELY NOTHING TO GO ON ie soil sampling, gravity etc. It is for this reason, WHY I RESEARCHED THE STRATIGRAPHY DRILL on KOKOLA WEST. So, everyone can read the RNS and TYM website but OTHER INFO IS NOT POSTED. Is there a reason why? And is there a REASON 1 poster wants ALL DATA NOT TO BE POSTED and this is also the same as on the other TYM forum? LoL TYM HAS NOW RE-TWEETED YOUR ARCM/AA SOIL SAMPLING MAP so that TYM SHAREHOLDERS CAN BENEFIT but I think you posted it for ARCM on Twitter from recall? I have never encountered this before. After all, KNOWLEDGE IS POWER . Thanks.
PART 2:
Seis Nav:
I will show you YOUR OWN MAPPING on Twitter where you OVER-LAYED THE KOBOLD MINGOMBA and you stated that it "LIES IN A SYNCLINE WHICH RUNS INTO THE ----------NORTH OF THE KONKOLA LICENCE and maybe this is where KOBOLD is drilling." https://twitter.com/NavSeis/status/1780914555113095499 DATED 18 APR 2024 BY SEIS NAV ON X.
----------"MINGOMBA DISCOVERY HIGHLIGHTS KONKOLA WEST BY PROXIMITY."-- Mining Weekly. Quote: " Konkola West is 2km of Kobold's MINGOMBA. TERTIARY/Kobold JV is planning to drill the PROJECTED DOWN dip EXTENSIONS to the COPPER ore shale that hosts its DISCOVERY. ----==THIS SAME FORMATION is also mined at the ADJACENT KONKOLA MINE, where Vedanta is currently committed to investing about $1bn to expand production." https://twitter.com/LondonAIM Cap/status/1787795128825856274 [347 views on Twitter on this article on TYM/Kobold]
News, you are a very long winded individual. I have posted plenty of information both here and on X long before you started posting here. There is no reason for me to withhold information, I’m a long term investor in both Arcm and a more recent investor in TYM.
I’m not denying anything about your research, all very interesting, however my point is that what was called Konkola West in the report you are quoting IS NOT THE SAME AREA as the current TYM license called Konkola West.
Here is the cadastre showing Konkola West highlighted: https://tinyurl.com/34x8f6pn
Here is the map from the SEC report showing PLLS175, referred to as Konkola West in that report: https://tinyurl.com/2ywch42f
It’s clear that PLLS175 is North of TYM’s license area. The current Konkola West was once part of a larger license area owned by Equinox which you can see on page 42 of that report.
Seis Nav. Fair enough. Just correct if necessary. Having said that , it is still relevant that TYM stated on their website on KONKOLA WEST has the LOWER ROAN formation where copper lies. And it is also right per TYM via their website and CONFIRMED on Twitter by TYM, the is LOWER ROAN formation & deeper. It is ALSO FACT, that LOWER ROAN hit copper be it for ANGLO AMERICAN or otherwise. I posted the 2 formations coming into Konkola West yesterday. Not being long winded as you call it is not very helpful in my view. Yesterday, you just mentioned CADASTRE of Zambia. I took a look and my word, it is like a big jig saw. On XTR, the posters also said so and Colin Bird said something in a podcast. It seems the Cadastre of Zambia is currently in a state, lets put it that way according to XTR investors. So, YES, YOU ARE SHORT and terse but it tells us nothing ie HOW FAR IS ANGLO AMERICAN KONKOLA WEST licence to TYM's KONKOLA WEST. From my observation you love ARCM as I read your Twitter and you sing praises about ARCM and you quote the CEO this and that which appears to be from what he said in presentation or meetings or calls, I am not sure. Let's just leave it at that. As an academic, I am sure you understand development synopsis and if any has to pass any paper , then the short answer will be FAIL. But to each their own. By the way, NO ONE ie private individual can "scrape" data - if one walks into a public library, they post the rules in front of the photocopier wherein one can take material per book etc. So, taking para's from established work on open public file and giving attribution is NOT "scraping" either. And oh, there is NO BOT either on stock forums as was said of Jane. Why? Bots needs data centers and no one is bothered about a tiny AIM co Lol. Bots are for political etc and those are big ops, not a individual. Others posting is also allowed as each one with shares CAN POST per LSE rules. This morning, it is POSITIVE that everyone has now GOT the picture ie the MKT CAP, the potential etc. All very common sense from garnering data. News, Sat 11 May 2024.