Newport Exploration Ltd V.NWX

Alternate Symbol(s): NWXPF

Metals & Mining Industrial Metals & Minerals

Newport Exploration Ltd is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties. In addition, the Company holds a 2.5% gross overriding royalty interest (the Royalty) on any hydrocarbons produced on certain petroleum exploration and production licenses in Australia. These include licenses being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both major Australian oil and gas producers. The Company’s mineral exploration project is the Chu Chua Copper Gold Deposit (Chu Chua), which is located approximately 30 kilometers north of Kamloops, British Columbia. 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 known strike length of 400 m and a known depth of 250 m.

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Newport Exploration Ltd

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Post by maniacon Nov 11, 2014 10:24pm

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Post# 23119393

Bauer 14 and 15!

So they hit again in the Bauer. they have exceeded expectations again with an extra 2 meters of pay. things look good lets hope the share price starts to rebound and begins to reflect the value here. 40 cents is sooo cheap with the cashflow this is generating.

Lets hope Beach and Drillsearch come to there senses and buy us out sooner rather than later.

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments