NAE 11.1% 0.4¢ new age exploration limited

Ann: Redmoor Phase 2 Results, page-30

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  1. 3,892 Posts.
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    Here is a link to Strategic Minerals announcement regarding the Redmoor results

    http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SML/13459968.html

    http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1512991262970179600.html

    Non-Executive Director of Strategic Minerals, Mr Peter Wale, commented:

    "We are delighted by the Phase 2 drilling results, with every hole intersecting high-grade zones within the SVS and returning considerably higher grades than previously reported.

    The potential for the resource size and grade to improve at depth has opened a substantial opportunity for the project, extending the depth of known mineralisation at Redmoor.

    These results have encouraged us to further prioritize taking  the project to production and we look forward to updating the market on this after completing the resource update during Q1 2018."
 
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