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Nubian Resources Ltd V.NBR

Alternate Symbol(s):  NBRFF

Nubian Resources Ltd. is a Canada-based precious and base metals exploration company. The Company’s principal business activity is the exploration and evaluation of mineral properties located in Australia, Peru, and the United States. Its exploration projects include the Esquilache Project, Yandoit Project, and Stavely Projects. The Esquilache Silver Project is located in the Puno region in southeastern Peru, which contains three main mineralized zones, such as Sepulveda, Creston and Mamacocha. Yandoit Project is located on approximately 38 square kilometres (3,800 ha) and consists of one Mining License and one Exploration Licence. The Stavely Properties comprise three mining projects comprise six exploration licenses that include the 82 square kilometres (km2) Fosterville East Project located in central Victoria, approximately 10 km east of Kirkland Lake Gold’s Fosterville Gold Mine, and the 27 km2 Lefroy and 142 km2 Mathinna projects located in northeast Tasmania.


TSXV:NBR - Post by User

Post by SStoktikkon Jun 24, 2021 2:12am
320 Views
Post# 33439969

Drilling began June 8th, expecting gold, how much?

Drilling began June 8th, expecting gold, how much?Drilling shall begin at the North Sardinia Prospect which consists of at least four major gold bearing reefs that were exploited and last mined around the 1860's. Drilling is planned to test these reefs at depth and to expand on known gold mineralization in the area. Mapping and sampling by Nubian has highlighted the prospectivity of North Sardinia , and revealed significant quantities of gold within sulphide that was not recoverable when mining previously occurred (see press release dated 29 th April 2021 ). This is from June 8 th news release, will see what Sprott does with this when results are revealed.
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