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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

Comment by sailor8on May 31, 2020 5:15pm
210 Views
Post# 31094144

RE:RE:Exploration chief bought 355,000 PVG shares privately !!!

RE:RE:Exploration chief bought 355,000 PVG shares privately !!!Just a quote from the last MD&A (April 30, 2020):

2020 Regional Exploration
The 2020 regional exploration program is expected to primarily focus on exploration for an Eskay
Creek style volcanogenic massive sulphide mineralization at the A6 Zone, for intrusion related
gold mineralization at the Koopa Zone, and for epithermal and porphyry related gold
mineralization elsewhere on the property. We anticipate commencing the exploration program
in the spring of 2020 on the assumption that the restrictions related to the COVID-19 pandemic
have been lifted.

Kenneth C. McNaughton, M.A.Sc., P.Eng., Pretivm’s Vice President and Chief Exploration Officer
is the QP responsible for the regional grassroots exploration program and has reviewed and
approved the scientific and technical information in this MD&A related thereto.

ADDITIONAL CLAIMS
Our claims also include the Snowfield Project which borders Brucejack to the north and is
comprised of one mineral claim with an area of 1,217 hectares. Since we acquired the Snowfield
Project in 2010, we have continued to carry out environmental studies in conjunction with
Brucejack. Snowfield represents a longer-term gold opportunity for our shareholders.


It is the only part in the MD&A where Kenneth was mentioned. Kenneth was the one who aquired these 355,000 PVG shares last week privately (most probably with consent of the whole board).
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