Newport Exploration Ltd V.NWX

Alternate Symbol(s): NWXPF

Energy Oil & Gas E&P

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 jsnfernleyon Dec 05, 2014 1:17pm

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Post# 23200093

Press releases

I'm not sure when management changed web sites, but it has been revised and updated.

There were 12 press releases total for years 2008-13, there are 12 PR's related to the O&G royalties this year alone, 8 of them in the latter half of 2014, and 4 in the last 30 days.

I still think they're looking for a project, a larger one with world class potential. Chu Chua isn't it.

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