Newcrest Mining Ltd T.PVG

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.

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Newcrest Mining Ltd > Another dose of reality..

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Comment by dove19on Feb 15, 2020 10:37am

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Post# 30695141

RE:RE:Another dose of reality..

Grades

PVG has been minig in proven areas up to now. They will be mining in the 1080 area soon which looks like a probable area for reserves.
The reserves in the probable areas seem to be higher grade than the ones in proven areas.
Does anyone have an idea as to when PVG will be mining in those high grade areas?
I am thinking of past holes drilled, where PVG found 1160.8 g/t (VU -722)over 16 M etc.Many many of those holes where very high grades and should help the average grades trough the coming quarters
.I do beleive some of those holes will be mined in the years ahead but neverteless they will add to the grades.
Question : When are we going to mine the high grades areas?

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