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Nevada Exploration Inc V.NGE

Alternate Symbol(s):  NVDEF

Nevada Exploration Inc. is a Canada-based exploration company focused on gold exploration in Nevada. The Company is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, North Grass Valley, Awakening, and others. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.’s Cortez complex, within the specific region of north-central Nevada known for Carlin-type gold deposits (CTGDs). The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada, in the larger Kelly Creek Basin. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and approximately 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The North Grass Valley Project is located in Lander County, Nevada.


TSXV:NGE - Post by User

Bullboard Posts
Comment by Novo2018on Sep 29, 2019 2:00pm
285 Views
Post# 30175309

RE:RE:Kaiser on Barrick's Fourmile discovery

RE:RE:Kaiser on Barrick's Fourmile discoveryThe section on NGE from Kaiser's webcast starts at 22:55. Worth listening to. Yes, he does say that the next phase will be RC drilling. Assuming the drill holes are 2000 ft and the cost of RC drilling is $US 35/ft then a hole would cost $US 70,000. At that price 15 holes totals about $US 1 million. Much less money to raise, say 6 million shares at $US 0.175 (closing price on Sep 27).
Bullboard Posts