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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 Advantage8888on Nov 24, 2013 6:09pm
500 Views
Post# 21936500

Magical Deposit

Magical DepositIt seems like Brucejack is a magical deposit where high grade gold can disappear when it see's a tower and reappear when drilled or milled !!!  
 
Seriously though, if milling from lowest to highest grade, as Pretium has said they are doing in their quarterly report, then the last 1815 tonnes could yield some very high results. The Cleo vein seems to be running right down the middle of almost all of it !!!!  - see the bulk stope diagram from their Oct 22 release.

Still waiting on the overhead and rest of the underground drill results. Should be released anytime...

Not investment advice and DYODD
Glta

Bullboard Posts