Wowsers.... I expected a decent hit today but I think it's been a bit of an over reaction. Not sure I understand why people think we can't have a deeper high grade deposit after one flop(at the northern end of a 1.6km strike)
There is still enough space between DDH4 and DDH5 to fit 2 full Karari deposits...and then yet another full Karari deposit would fit between DDH5 and the earlier diamond drill at the southern end of Crusader(DDH2 I think?)
DDH2- GREEN DDH5- YELLOW DDH4- BLUE
While I don't expect to find 3x Karari......1x is still very much on the cards and would be great. Especially considering that DDH5 has intersected 30m of intense alteration that is confirmed to host the significant gold mineralisation(multiple sections of visible gold) that's lacking in DDH4.
From there, we still have Solomon and Branches to the North and Paint to the south. All todays announcement means is that we have to wait a bit longer for the 'company making' discovery.
NXM Price at posting:
35.5¢ Sentiment: Hold Disclosure: Held
