NXR 0.00% 2.0¢ nemex resources limited

drilling has started, page-34

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 115 Posts.
    all this talk of high phosphorous had me re-reading.

    http://www.nemexres.com.au/sites/4dbe04e850ee853d0e00046d/contents/content_instance/512fd3e450ee85408d000e1b/files/nxr_1032013.pdf

    it's just one sample (NGX1011) with high 0.63% P, which they say is not representitive of the resource grade and will likely be cut from the grade during estimations anyway;

    "Sample NGX 1011 has notably high phosphorous levels of 0.61% P. This is unusually high and not representative of the resource grade for P. Values >0.3% P will likely be cut from the resource grade during reserve estimation unless blending opportunities can reduce the overall P levels to <0.3% P."

    looks pretty sweet to me.
 
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