NRX 14.3% 1.6¢ noronex limited

Ann: 10Mt @ 1.3% Cu Mineral Resources at Namibian DorWit Project, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,626 Posts.
    lightbulb Created with Sketch. 2841
    Well off go the lemmings - am I nuts, I don't think so.

    This is oxide copper, shallow open cuts - should be easily mined and easily processed - resource in ground 10 mt @ 1.6% = 160,000 tons of Cu = $1.6 billion (@ $10,000 a ton)

    But - this is only the start of the game - what those images of potential ore at depth mean could overshadow this initial resource.

    Bring on the drilling.
 
watchlist Created with Sketch. Add NRX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.