NML 0.00% 10.0¢ navarre minerals limited

Ann: CYL:Tandarra Project Drilling Commences & Four Eagles Update, page-5

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  1. 2,603 Posts.
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    Yeah, I suspect it will take off at some stage. Look at the result for ACT015, its a gold reading per tonne over 10m vertical. At a SG of 3.0 thats 175grams of gold per square meter starting from 37m below surface. At just 1 hectare, thats 1.75 tonnes of gold? Thats roughly USD$80m worth of gold or even diluted to 49% equity, about A$50.00m v A$7m MC now. Given that thats just for 1 hectare, somethings going to give IMO.
 
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