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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

Bullboard Posts
Post by RicherNowon Jan 16, 2012 2:29am
623 Views
Post# 19406685

Is this the Senior Board?

Is this the Senior Board?

PEA, Feasibility and expanding resource, the news between now and April will be critical for the warrant holders like my self.  Bought a few shares off the NYSE on Thursday after watching the opening bell. 

The camp is year-round I take it.  I imagine drills may still be turning?  News of the economics of a combined KSM/Snowfield operation is also pending, monetization/combination of the 2 monster deposits only makes sense IMO.  I urge folks to go to this website and look at the Snowfield drilling gold assays.  This Corebox  LINK shows the deposit in 3-D.  Learn to manipulate these models, it is a valuable DD tool for me.  Look at the scale of the model for Snowfield, those are Km not meters.  Bob Quartermain says that Snowfield is the key to the conbined operation because PVG has 3 million ounces of gold sitting at the surface of Snowfield, see for your self.  Those ounces will pay for plenty of infrastructure to see the entire combined deposits (geologically one deposit) just that half is owned by Seabridge.  Another key aspect of the PVG ground is a corridor to the hiway and the access road under construction will connect the dots, in a manner of speaking.  Those claims East of Brucejack/Snowfield also represent many Sq km of potential for expanded exploration. 

Good things to come.  Not Investment Advice DYODD

Bullboard Posts