NST 1.43% $15.90 northern star resources ltd

Ann: Jundee Update, page-4

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  1. 2,419 Posts.
    lightbulb Created with Sketch. 288
    How good is this? Very good.... full stop.

    Two major discoveries at Armada and Revelation over significant lengths of strike.
    Extensions to existing underground mining zones and still open at depth.
    Extension of shallow open pit resource at Gourdis-Vause 25km south of mining camp with additional significant results indicative of more discoveries to come in that area.
    Over 20k oz produced in October.
    Production to reach steady state of 250k oz p/a in FY 2018.
    Increase in Ore Reserve inventory to come and thus life of mine for a long period to come yet.
    Phase 2 mill and plant extension under consideration in order to increase production to 300k oz p/a from 2019 onwards.

    Shareholders should be very happy with this company and it's management team supported by a very good operational team.

    Onwards and upwards.

    Cheers
    Last edited by mainholm: 07/11/16
 
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