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Nuveen California Municipal Value Fund Inc T.NCA


Primary Symbol: NCA

Nuveen California Municipal Value Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek current income exempt from both regular federal income taxes and California personal income tax. Its secondary investment objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal and California state income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality, of which up to 10% of its managed assets may be rated below B-/B3 or of comparable quality. It also invests in inverse floating rate municipal securities. Its investment adviser is Nuveen Fund Advisors, LLC.


NYSE:NCA - Post by User

Post by Cohomeisteron Sep 11, 2017 5:59pm
88 Views
Post# 26682127

NEWS out

NEWS out
NewCastle Golds Recent In-fill Drilling Increases Mineral Resource Grade by 9% with 4.0 Moz in Measured and Indicated Categories at Castle Mountain

TORONTO, Sept. 11, 2017 (GLOBE NEWSWIRE) -- NewCastle Gold Ltd. (TSX:NCA) (NewCastle Gold or the Company) is pleased to report the results of an independent mineral resource estimate update by Mine Technical Services Ltd. (MTS) of Reno, Nevada, following the Companys successful in-fill drilling program on its Castle Mountain gold project (the Project), located in San Bernardino County, California.

The recent Phase II definition and exploration drill program that took place from November 1, 2016 through to April 30, 2017 and totaled 121 holes/44,500 metres of Reverse Circulation (RC) and diamond core drilling. The program using angled holes focused on improving the grade and proving our understanding of the deposit. The new mineral resource estimate will be supported by a NI 43-101 Technical Report that will be filed within 45 days under the Companys SEDAR profile at sedar.com.

Table 1 Castle Mountain 2017 Mineral Resource Estimate (by Category)
  Measured Indicated
Cut-off Grade (g/t Au) Mt Grade (g/t Au) Au Moz Mt Grade (g/t Au) Au Moz
0.14 172.1 0.542 3.0 75.3 0.528 1.3
0.20 135.0 0.643 2.8 57.2 0.640 1.2
0.50 46.8 1.245 1.9 19.7 1.251 0.8
1.20 12.1 2.688 1.0 5.5 2.547 0.5
  Measured
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