As is referenced in todays CYL update of Four Eagles prospect to Tandarras Nth, there is likely to be multiple gold endowed reefs underlaying Tandarra some of which have now been exposed both Nth (by CYL) and Sth (Bendigo reefs) along with our under recognised game changer, namely the shallow basement depth. The basement depth is not just a matter of cost thru deeper drilling, it also greatly affects the qty of saline ground water to be dealt with and soil stability issues. Even CHN to our West have this issue, their basement is as much as 100m (as opposed to 20 to 40m at Tandarra). Add in the runaway KLA price and I expect the interest in the Whitelaw properties to start finally ramping up. There is a Melbourne Mining Club presentation from last October featuring Tony Makuch (KLA president) which at the 30 min mark makes brief mention of 'a strategic' investment in Victoria, I am sure this is a reference to NML holding. GLTA, DYOR.
NML Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
