NPM 3.85% 1.4¢ newpeak metals limited

Ann: Progress Report, page-15

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    I finally had a chance to check out the Cachi Morena Project. In short, the stuff that DEG found was ok...some high grades of gold and silver in small patches which was on the Sierra Morena side. I can't find much on the Cachi side but there's a few gold/silver resources in the area which is a good sign. For the price they are paying, I hope it's worth it, but most of those payments would be down the track anyway. Finding a gold/silver resource would be another feather in the cap. The silver price has been a laggard to gold recently so maybe they're using some foresight.
 
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