NAE 0.00% 0.5¢ new age exploration limited

Ann: Quarterly Activities and Cashflow Report, page-35

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  1. 3,892 Posts.
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    It doesn't sound at all like the deposit is "uneconomic in its current state". No idea where you get that from...

    The extra drilling, as we already know, is to "join the dots" so to speak as even though it seems quite obvious where the SVS goes, it needs intercepts to be able to use it to release more detail on mine plans etc. This is not a new piece of news. They are also expecting to significantly upgrade the results after this round of drilling, as the results have constantly been improving as they drill deeper and in more targeted locations.

    The mine has always been underground where the town is, no issues there either, it isn't open cut.

    Results are outstanding. Same as they were last week.
    Last edited by Subs: 23/05/18
 
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