GREY:NEVDQ - Post by User
Comment by
Notgnuon May 23, 2021 4:19pm
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Post# 33255742
RE:RE:RE:Nevada Mining Claims
RE:RE:RE:Nevada Mining ClaimsOne area I am particularly interested is the North end of the Notth Pit. Most drilling stopped in 2015 due to running out of funds. Money was raised and in 2018 a small program targeted that North end and had some massive good high grade cores (for an open pit that is.) If I remember right they were able to do that because they added some territory there.
NCU stopped drilling again after this to (I believe) focus on building the underground mine with hopes of getting to cash flow and then continuing drilling. As we all know, that did not happen. They ran low on funds and then Covid hit at the worst possible time and copper had dropped to the floor.
On the corporate presentation there is a line (in the sand so to speak) in this northern area. It would be nice to find out who has that property and or whether NCU is now negotiating for it... it could host a nice extension to that pit.
N
betteryear wrote: Notgnu, I don't think so but I am just looking around to see if I can find anything interesting.