Newport Exploration Ltd V.NWX

Alternate Symbol(s): NWXPF

Metals & Mining Industrial Metals & Minerals

Newport Exploration Ltd. is a Canada-based company, which has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. The Company holds a 2.5% gross overriding royalty (GOR) on several permits in Australia. These include permits being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both Australian oil and gas producers. The Cooper Basin is an onshore oil and gas development area. The Company’s Chu Chua is located approximately 30 kilometers (km) north of Kamloops, British Columbia, with access and infrastructure. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a strike length of 400 m and a known depth of 250 m.

TSXV:NWX - Post by User

Newport Exploration Ltd

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Post by Ahkenahmed2on Oct 07, 2016 4:06pm

32 Views

Post# 25324177

Nice close - HOD

Seems some peeps are perhaps seeing the potential value here once again. Not that there isn't value here already, but the recent drill report development, which has been discussed here, removed and now discussed once more ;-) plus - the recent price move in oil itself has put some positive sentiment on the PPS.

get in while its still relatively cheap.

added today myself.

GLTA ..

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