NVI 0.00% 1.1¢ nevada iron ltd

when to expect news?, page-14

  1. 7,418 Posts.
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    From the recent announcements, the work done by the previous management team was rubbish and they were a bit out of their depth. This current work is what should have been done 2-3 years ago in which case we could be starting production much sooner than is now the case.

    This new work aims to define a much larger resource base to achieve a higher start up mining production rate which will be better in the long run. Once all these recent assays are received, we should get a new JORC for Section 5 with some possible follow up drilling to try and find higher grade DSO material.
 
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