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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

Bullboard Posts
Comment by Risk_Assess999on Jun 26, 2017 12:24am
217 Views
Post# 26403670

RE:RE:RE:RE:My guesstimate on the 187,000 stockpiled ore....

RE:RE:RE:RE:My guesstimate on the 187,000 stockpiled ore....
blackhawk2003 wrote: No intentional disrespect, but i've read everything, pro and con about this project, and certainly cannot predict with any accuracy the start-up ore grade, and neither can you. Please humor me/us, and highlight your reasoning. 



Ok... in 2013 PVG did a 10,000 ton bulk sample test program ... they recovered 5,865 AU ounces, plus an additional 4,850 silver ounces .... that's aprox. 18 grams per ton just on the Gold (not including any silver credits)... furthermore, if you do the research, you'll see the areas PVG have targted for production in years 1 thru 3 include some areas of very high grade mineralization.
Bullboard Posts

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