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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
Comment by bepracticalon Oct 23, 2013 3:58pm
293 Views
Post# 21842431

RE:IKN Daily Digest thoughts on PVG

RE:IKN Daily Digest thoughts on PVGFirstly, my calc's say Strathcona samples pulled from the tower equate to roughly 0.024% of the total bulk sample. Your comments regards Cleo may be correct but Snowden/Pretium are careful to report the 4 XC's and the 615L drift results in separate batches. You may have the 615 XC which skews the results but the other 3 XC's and the drift 615L are not affected by cleo. We also have to remember that the 615 XC area was designated extreme high grade prior to the discovery of cleo.
I wonder on what basis Strathcona was able to conclude that the resource was not 43-101 compliant/valid? Drill spacing?? The u/g drilling should provide a lot of answers and confirmations.

Anyway, this train off the rails is like a kick in the groin for investors.
Bullboard Posts