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Newcrest Mining Ltd T.NCM


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 Jun 24, 2021 7:36pm
242 Views
Post# 33448624

RE:RE:PVG has some serious consistency in there drilling

RE:RE:PVG has some serious consistency in there drillingAbout Pretium:

Ten mineralized zones are currently recognized on the Brucejack area, extending from the Hanging Glacier zone in the north to the Bridge zone in the south. Five of them had been explored in some details (West zone, Valley of Kings zone, Bridge zone, Gossan Hill zone and Shore zone).

Mining is focused on just only two zones for which there are currently Mineral Resources and Reserves:  the Valley of Kings zone and the West zone.

Taking into account the drill results of Phase 1 and Phase 2 we can assume that Pretium is not just only the present Brucejack mine but is 2 to 2.5 times bigger in the value than the present mine.

The market values actually only the present Brucejack mine. The real value is 2 to 2.5 times higher. And this does not include further results within these 10 zones recognized and any other zone alongside the Brucejack fault and the huge landmass we hold in the center of the BC Golden Triangel.

You may like to check out: https://miningdataonline.com/property/72/Brucejack-Mine.aspx#Geology

How present board and management handles PVG Public Relation let me sometimes doubt, whether they stand for the interests of a potential acquirer or whether they stand for the interests of the shareholders. These doubts include also recent changes from December and January on the board at  PVG.

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