NIU 0.00% 2.0¢ niuminco group limited

Ann: AGM Presentation, page-33

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  1. 438 Posts.
    lightbulb Created with Sketch. 49
    Niuminco has "completed 6 holes"
    and is "currently drilling the first of up to 10 deeper (300m) holes"
    & "Assay results on the first four completed"


    Page 11 AGM
    Current Drilling Program
    Niuminco has completed 6 holes in its shallow (<60m) drilling program at the Enterprise and Karuka vein systems, and is currently drilling the first of up to 10 deeper (300m) holes into the Enterprise/Kaurka diatreme and stock-work zone.


    Page 12 AGM
    Enterprise Vein Drill Results
    Assay results on the first four completed drill holes EDD019, EDD020, EDD021,
    EDD022 are as follows:
    Each of the holes contained a higher grade vein section conforming to the predicted
    west-dipping vein model:

    Page 17 AGM
    Bolobip Project
    Potential for discovery of economic gold/copper
    mineralisation is considered significant and
    preparation is underway to commence a 3 hole,
    900m diamond drill program.


    5 october Ann Page 4 - Edie Cr Gold Intercepts
    Drilling Program for Tasmanian Tin Assets
    The attractively priced $90 per metre “all-up” cost program will be completed over 2–3 months
    --------------------------------------------------------------------------------------------------------------------------------------

    Upon re-reading these anns,
    All new ann's will be about Gold


    *Drill results completed (final assay's to come)

    *The ten hole program they have started !

    *Plus equipment upgrade progress to increase production - eg shipping to on land, transport to site & install etc.

    *Along with the start of Bolobip Drill Program as May River has historical results.

    As Tin is a two to 3 month commenced program!

    FID
 
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