NAE 12.5% 0.5¢ new age exploration limited

Ann: Redmoor 2018 Resource Update, page-2

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    • High Grade Inferred Mineral Resource of 4.5Mt @ 0.37% WO3, 0.25% Sn, 0.57% Cu (1.00% SnEq) defined in high grade zones within the Sheeted Vein System (SVS). This is an increase of almost 100% over the High Grade Inferred Mineral Resource previously reported in 2015.
    • Continuity of the SVS which hosts the high-grade zones now confirmed over a strike length in excess of 1,000 m and for some 450 m down dip. This remains open at depth over much of its length.
    • High Grade Exploration Target within the SVS of between 4 and 6 Mt with a grade of between 0.9 and 1.3% SnEq identified. The Exploration Target extends down-dip below the resource and contains drillhole CRD019 with three of the best high-grade zone intersections achieved in the 2017 drilling programme, which have not yet been incorporated in the Mineral Resource, and which provide drilling support to the Exploration Target.

    Look exciting!
 
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