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Newcrest Mining Ltd NCMGF


Primary Symbol: A.NCM

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.


ASX:NCM - Post by User

Post by highperon Nov 24, 2020 2:55am
801 Views
Post# 31958632

are golden marmot-Hanging wall zones connected at depth

are golden marmot-Hanging wall zones connected at depthLooking at the map on page 16 of pretium's recent RBC presentation you can see a scale on the bottom half of the page. It looks to me as if the hanging wall zone and the golden marmot zone are merely a few hundred meters apart. That raises the question as to whether there is a down dip of the golden marmot  mineralized area in the direction of the hanging wall zone. And whether the golden marmot zone and the hanging wall zone are possibly one. Looking at the terrain one can also see the golden marmot zone is much higher than the hanging wall zone - and thus the down dip extension possibility. 

https://s23.q4cdn.com/277467366/files/doc_presentations/2020/11/Pretium-Resources-Nov-16-2020.pdf

Now look for the rocket zone to the south of the golden marmot zone. It is not on pretium's map but it too is proximate and significantly below the golden marmot zone as well

https://propertyfile.gov.bc.ca/reports/PF803800.pdf

does the golden marmot zone also potentially connect to the  rocket zone at depth.. only the drill bit can determine that  huh

Map two below indicates the golden marmot zone the hanging wall zone and the rocket zone have indications of vein stockworks associated with them... Is it possible that each of the vein stockwork zones is a branch a common but deeper stock work system... well the main point is they are clustered closely together in the end isn't it...

https://propertyfile.gov.bc.ca/reports/PF803821.pdf

There will be an update on the companies recent exploration campaign... and perhaps more detail on its commitment to exploring the hanging wall zone and its environs. A 9800 meter drill core in VOK country certainly merits some attention.... I think they usually report on their annual exploration results in december...but maybe a bigger game is underway here..


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