Peterrrrrrrrr Bell Profile picture
Jan 3, 2018 9 tweets 2 min read Twitter logo Read on Twitter
1/ Thanks to #BobMoriarty and #TheUnknownGeologist for allowing me to publish a transcript of our first conversation on the Goldboro Project owned by @Anaconda_Mining! ceo.ca/@Newton/the-un… This interview was recorded back on August 24, 2017!
2/ Check out this excerpt from the interview:
3/ Bob Moriarty: I am fully on board. Nova Scotia is probably the best place in Canada that I've ever seen for exploitation, not just exploration. With those saddle reef deposits, there's no telling how many deposits could be there.
4/ Unknown Geologist: The hair is raising on my arms when you say that because there aren’t many people that have ever said that about Nova Scotia until you, today. This is the same drum that I've been beating for years.
5/ Another part of the interview follows...
6/ Bob Moriarty:Anytime you have very high-grade gold you're going to run into that. Unknown Geologist:You get it. Hooray! Somebody understands it.
7/ Bob Moriarty:Here's my question: What can I do for you? It’s an incredible story. I've been there – I haven't been to Goldboro, but I've been in that area.
8/ There was a company run by French-Canadians out of Quebec in that area and I kept telling them, "raise some money and go into production. Don't spend money on drilling – get into production." Of course, they weren't about to listen to me.
9/ Watch for #BobMoriarty to write up $ANX and the Goldboro Project soon!

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More from @PeterNBell

Jan 15, 2018
1/ Shoutout #ESSCO Earth Science Services Corp. earthscienceservices.ca and the Stargate II (SGII) system.
2/ The SGII team always has some interesting things to say on CEO.CA -- see ceo.ca/Stargate2 for more.
3/ The SGII system is used to help guide drilling activity. See this map for an example: cdn.ceo.ca.s3-us-west-2.amazonaws.com/1d5kbfe-Fuller… Map that only a geologist could love...
Read 24 tweets
Jan 15, 2018
1/ .@BellCopperBCU has a great exploration story at Kabba. See my thoughts on the #copper play in Arizona here: ceo.ca/@Newton/a-loom…
2/ The roots of the porphyry system are exposed at surface approximately 8 kilometers west of their exploration area and the top of the system was split from the roots by a fault.
3/ The deposit of interest is concentrated in the top of the system and it was either moved downwards and preserved under the valley, or moved up and eroded away.
Read 12 tweets
Jan 15, 2018
1/ The story of #CoralGold $CLH.V sale of the Robertson project to @BarrickGold is very interesting. CEO David Wolfin describes the details in 2016 interview with Jay Taylor that I found very helpful:
2/ The key consideration for Barrick's business development committee is the IRR against a baseline gold price. When negotiating the sale of the Robertson, Barrick needed the project to meet a 15% IRR at $1,250 gold.
3/ In the 2016 interview with Jay Taylor, Mr. Wolfin describes how he negotiated for the royalty to be set as high as possible at $1,250 gold and then to increase with each $200/ounce increase in the gold price up to a maximum 2.25% NSR.
Read 14 tweets
Jan 15, 2018
1/ Coral Gold (TSX.V:CLH) has been active in Nevada for over 30 years, developing a meaningful relationship with Barrick Gold (TSX:ABX) that has already led to one significant asset sale. Coral Gold negotiated a nice royalty with a sliding scale for the NSR and annual payments...
2/ ...due if not the Robertson is not in production by 2025! Coral has several other assets nearby that could have similar success, but CEO Mr. David Wolfin has already described the royalty on the Robertson as a potential company maker.
3/ Bell Copper (TSXV:BCU) has a deal with Kennecott Exploration under Rio Tinto (LSE: RIO, ASX:RIO) for a porphyry project in Arizona that is close to becoming a copper porphyry. Bell Copper is still the majority owner for the project, but their partner is earning in quickly.
Read 9 tweets
Jan 9, 2018
1/ Goldboro! Part 1 of #NewtonInterviews The Unknown Geologist on the geological model for this exciting gold project in Nova Scotia, Canada owned by @Anaconda_Mining: ceo.ca/@Newton/findin…
2/ Quotes from the Unknown Geologist to follow... "I know the Boston Richardson model very well."
3/ I remember reviewing a diagram of the Boston Richardson belt that shows the historic mining, and it highlights the top and bottom of an ore shoot on both limbs.
Read 14 tweets
Jan 8, 2018
1/ Find out what The Unknown Geologist has to say about the @Anaconda_Mining Goldboro Project in Nova Scotia, Canada: ceo.ca/@Newton/more-f…
2/ Unknown Geologist:I remember Dustin asking me to highlight some key points about Goldboro. Like how many ounces of gold do we think Goldboro will host? I said to him…you've got 850,000 now, when all is said and done, Goldboro will have at least 2,000,000 ounces.
3/ I said, look at it this way, the deepest hole ever drilled in Goldboro was about 400 meters deep. Dolliver Mountain, which once hosted the largest stamp mill in the province, is 1.5 kilometers out to the west of the main ramp area.
Read 13 tweets

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