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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 Nov 02, 2020 1:07pm
181 Views
Post# 31823443

RE:No mention of snowfield in QPC

RE:No mention of snowfield in QPCFrom the Q3 MD&A:

Our exploration and evaluation assets are the Snowfield Project, Bowser Claims and the Porphyry Potential Deep Drilling (“PPDD”) Project. The Snowfield Project mineral claims are in good standing until 2030, and we conduct baseline environmental studies for potential future
development of that project. Grassroots exploration is on-going at the Bowser Claims, with
several gold prospects identified for further evaluation. The Bowser Claims are in good standing
until 2029. The PPDD Project is a deep underground exploration program involving the testing
of the extent of Brucejack-style mineralization and the porphyry potential directly below the
Brucejack Mine at depth.

source page 7: https://s23.q4cdn.com/277467366/files/doc_financials/2020/q3/Pretium-Interim-MDA-(09.30.2020)-FINAL.pdf
 
And assay results are pending from thousands of meters drilled already for Exploration. We should get some interesting news within the next monthes...
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I agree, if it comes to the point to push the Snowfield project harder forward than done until now.
With Snowfield we own one of the largest gold/silver/copper deposit of the world. Combined with the connected Seabridge KSM project we would be even the globally largest one !!! Larger than Pebble, Donlin or the recently promoted huge Russian Siberian gold project.

We just need instead of poor own bean counters boards at Seabridge and Pretium smart boards who realise it and just do their job about it.

Snowfield & KSM production can be done nearly CO2 emission free, thanks to big hydroelectric power available around the corner. It is just a conversion of this clean power into urgently needed gold, silver and copper within a secure jurisdiction.

Neither Pebble, Donlin nor the Russian Siberian project have this unique combination of a mega deposit & CO2 free power a view kilometers away. These three other global mega projects all need dirty hydrocarbon power with big CO2 emissions to convert their deposit into plain value....
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