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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 17, 2020 10:12pm
838 Views
Post# 31919951

Is Perron finally in the Zone?

Is Perron finally in the Zone?As we await the results of the hanging wall exploration campaign and as Perron sets his plans for a massive exploration campaign in and around the brucejack fault one should not be so dismissive of any exploration of the northern extension of the bruce jack fault....

Not more than a kilometer and a half past the pretium property line rudy fronk has turned up an upper level epithermal breccia pipe within a stones throw of the bruce jack fault.

The original target concept for follow-up drilling contemplated pursuing both a lower zone representing the down plunge continuity of the existing Iron Cap resource, and a new blind discovery found in the upper 200 meters of hole 62. This concept of two target zones was based on what appeared to be an intrusive unit not previously recognized at Iron Cap juxtaposed along a fault to the main Iron Cap deposit. With the benefit of additional drill holes, we now believe the upper blind discovery is a previously unrecognized mineralized intrusion potentially expanding the size of the Iron Cap deposit significantly. The interpreted fault zone identified at the base of the upper zone is now recognized as the sheared margin of a breccia pipe whose limits have not been fully defined. The breccia pipe appears to represent a younger high-level or epithermal event superimposed on the Iron Cap Porphyry Gold-Copper deposit, implying additional porphyry potential at depth. The upper intrusive unit is resolving as a dike-like body parallel with other intrusions that form the Iron Cap deposit and showing continuity with the main resource at depth.


Has rudy fronk turned up intimations of the elusive porphyry associated  with upper level epithermal VOK deposit. The one bob quartermain was looking for..... Maybe not the exact one one huh.... but if its presence can be directly related to the brucejack fault formation a wealth of possibilities opens up for the northern extension of pvg's share of the brucjack fault... 
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