NIU 0.00% 2.0¢ niuminco group limited

News: NIU Niuminco Group to purchase remaining 17% Edie Creek Mine Interest, page-4

  1. jj2
    1,735 Posts.
    It's outstanding news...

    NIU to increase ownership of Eddie Creek to 100% -- payable ONLY in two years..

    Remember it was Eddie Creek where NIU intersected 48m @ 1.72 g/t from surface.. inc. 3.2m @ 16.75 g/t and 1.3m @ 32 g/t

    This will no doubt constitute a major part of the mill-feed.. upgraded to expand 6 fold from production last yr.

    A great deal for NIU shareholders imo.. now to get some consistency in creased throughput and higher gold/silver production.

    A lot to look forward to this quarter.. what's done is done..!!
 
watchlist Created with Sketch. Add NIU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.