NML 4.76% 10.0¢ navarre minerals limited

Free money, page-84

  1. 1,547 Posts.
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    NML is under the radar because IMHO the Pilbara "Witwatersrand" conglomerate and pumpkin seeds have sucked all the attention.
    Some may not know CYL is drilling Bendigo, and is cashed up for a big drill program.
    NML too is taking the easy path of  "contracting out" rather than geos get out of the office and dig some rocks.
    The fickle market may find NML yet.

    As to the neighbour:

    KIRKLAND LAKE GOLD ANNOUNCES 120 METRE DOWN-PLUNGE EXTENSION OF SWAN ZONE • High-grade, visible-gold mineralization intersected 120 metres (“m”) down-plunge of Swan Zone Inferred Mineral Resource and 210 m down-plunge of Mineral Reserves ➢ Key intercepts: 52.1 g/t gold (“Au”) over 7.15 m (Estimated True Width (“ETW”) 6.7 m) and 30.3 g/t Au over 1.95 m (ETW 1.8 m) • Additional high-grade, visible-gold mineralization intersected in the Swan Zone outside Measured and Indicated Resources ➢ Key intercepts: 991 g/t Au over 8.85 m (ETW 8.2 m), including 9,115 g/t Au over 0.95 m (ETW 0.9 m) or 0.9 m at 0.9% Au, 422 g/t Au over 7.30 m (ETW 6.6 m), 649 g/t Au over 1.55 m (ETW 1.4 m) and 122 g/t Au over 6.95 m (ETW 6.7 m) • Continuity of Swan Zone mineralization defined over 460 m plunge length and 300 m vertical extent.

    Interestingly, the new stuff is clean, and does not need much more than crush and SAG and gravity circuit (that is no roast, biox, and chem overlay)
    Merry Christmas ans GLTA
 
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