Newport Exploration Ltd NWXPF

Primary Symbol: V.NWX

Metals & Mining Industrial Metals & Minerals

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.

TSXV:NWX - Post by User

Newport Exploration Ltd > Management reports further good news from Beach Energy.

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Comment by JayBankson Oct 22, 2021 11:45am

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Post# 34037660

RE:Management reports further good news from Beach Energy.

I like the looks of the report too, tho I don't agree with increasing the royalty unless the number is really safe.

Ive made a bunch of money in a short term play recently and am using some of the proceeds to try and get back in here with double my previous share count. (.44 cents is my current bid, I don't see this falling back much in day to day movement)

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Who, why, and what of the great "Crypto Surge"