Hopefully the Melb Mining Club presentation on the 16th will get some people thinking. The next set of Irvine results may also be out before then. I believe the result from hole 6 is particularly encouraging and the overall picture that is emerging is nothing short of fantastic. SGM has produced 4.5m ozs from a 1.5km wide zone, we now have proven gold structures (in an area where the doubters said there was none) over at least 4 km and the geophysics is suggesting submerged basalt structures run along strike in our lease for over 12 kms. This is shaping as a new (hardrock) gold province not just another gold mine.
Am also increasingly optimistic about Tandarra, CYL are drilling the heck out of it with two rigs atm. Results won't be far away now and are likely to be more high grade hits like our previous drilling. They are modelling a test pit operation according to their half yearly. A couple of good hits and Tandarra will be worth two or three times what the whole of NML is currently capitalized at. DYOR. GLTA.
NML Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held