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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 sailor8on Aug 09, 2020 4:12pm
867 Views
Post# 31384900

Snowfield block model in plan view with NSR estimates

Snowfield block model in plan view with NSR estimatesIn the Seabridge August 2020 presentation is shown a block model in plan view which includes Snowfields blocks.

You can see the NSR* figures for Snowfield...

Again: very exiting to see such figures at present price of gold of over 1,800 USD/oz.

There must be a thought strategical reason behind it, why Pretium is so tight lipped about Snowfield ...  while on the Seabridge side it is stated that 

-> KSM is shovel ready; Environmental Assessment completed


Go east on Snowfields with the new drills, go into the more vulcanic rock part of Snowfields.

You may need to move the picture to see it in full size. You can scroll the view on the bottom of the Stockhouse window.

User image

Snowfields hosts according to the technical report at 0.3 g/t cut-off grade:  1,370.1 million tons mineral resources... !
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NSR
is an acronym for “Net Smelter Return”, which means the amount actually paid
to the mine or mill owner from the sale of ore, minerals and other materials or
concentrates mined and removed from mineral properties, after deducting
certain expenditures as defined in the underlying smelting.




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