Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

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

Newcrest Mining Ltd

Bullboard Posts

Post by Qbar82dvon Jul 28, 2015 1:29pm

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Post# 23967970

Infield drill additional benefit

Note that this amounts to a few $ in upgrades. Inferred resources now at 4.9 M oz gold and 3.9 M oz of silver.
Check inferred on page # 12. These totals will be even more humongous as the grassroots drilling is factored in. IMO

Plans and Objectives
40,000 meter infill underground drill program

Primary purpose is grade control, with drilling at 10-meter centers

Targeting stope areas in years 1-3 of mine plan (1320-meter level to 1200-meter level)

Additional benefit is infill drilling of inferred and non-stope indicated resources in the same area

3 drill stations / 32 drill fans 3 drills at peak drilling

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