NCM 0.00% $23.35 newcrest mining limited

Ann: Newcrest Exploration Update, page-3

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    At Red Chris, drilling continues to expand the footprint and continuity of the higher grade mineralisation of East Ridge. • RC745 returned 366m @ 0.45g/t Au & 0.57% Cu from 728m, including 36m @ 1.4g/t Au & 1.2% Cu from 960m. This hole is located 100m above RC735 and extended the higher grade mineralisation a further 100m to the east. • RC739 returned 390m @ 0.63g/t Au & 0.48% Cu from 1,088m, including 44m @ 2.0g/t Au & 1.3% Cu from 1,402m. This hole is located 100m east of RC727 (previously reported). • The mineralisation at East Ridge is open to the East and at depth with ongoing drilling to define the extents. At Havieron, infill drilling within the South East Crescent Zone Inferred Mineral Resource extent was finalised during the period. Currently all drill rigs are focused on growth programs targeting the extensions of mineralisation outside of the initial Inferred Mineral Resource. • At the South East Crescent Zone the infill drilling completed validates both geological and grade continuity. • Growth drilling more than 250m below the Mineral Resource extents continue to return high grade results including HAD086W3^^** which returned 44.7m^^ @ 7.1g/t Au & 0.17% Cu from 1,412m including 20.2m^^ @ 15g/t Au & 0.29% Cu from 1,421m. • Drill testing of new additional geophysical targets 2km outside of the Havieron system has commenced.
 
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