NML 0.00% 11.0¢ navarre minerals limited

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  1. 4,285 Posts.
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    Here it is.Other than proven & probable RESERVES (2,7moz)

    They have 2.1moz Measured + indicated and 1,8moz inferred RESOURCES (4moz in total)

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    I think these gold fields in Victoria at its infancy. I also believe there should be other Fostervilles along the Whitelaw fault and maybe around the area. At Whitelaw fault, Four Eagles project is now starting to shape as a very high grade deposit as we can see from the grades at Boyd's Dam.

    Tandarra might be a similar deposit to Four Eagles (keeping in mind what @rivermore said about the disadvantage of mining at Four Eagles -in comparison to shallow Tandarra deposit- because of the depth of deposit and fine grained nature of cover layer of Murray sediments)..

    I also think that we will most probably see interesting and wild merger and acquisitions to NML, CYL and even to KLA assets by the gold majors. These resources are becoming too big to hold for all those explorers even for KLA I reckon.








 
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