Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 VOKBLVRon Jul 03, 2016 1:28pm
476 Views
Post# 25017949

RE:RE:Re: big volume

RE:RE:Re: big volume The gold was introduced to the host rock from hydrothermal fluids from below. Depending on the subsequent crustal movements-thrusting, faulting folding  and tectonic events it is quite often impossible to theorize on what's down below. Pretium has used the drill to probe below the current resources and has hit gold in similar geological units as the Valley of the Kings. Because there are reserves to justify the current mine life (eighteen years) there is no panic to diefine the limits of the resource. Because of the encouraging drilling that was done to depth immediately below the VOK there is a very goog chance there is more gold at depth but the drilling cost to provide sufficient confimation of grade and tonnage is ,at this time not an immediate concern. There is a budget for this summer funded through a $5 million dollar flow through offering that will be spent to prvide targets for definition drilling at a later date. Whether the best targets are at depth or along strike (the Flow Dome) is yet to be determined, but to my mind this is nice problem to have..
Bullboard Posts