NAE new age exploration limited

Ann: Trading Halt, page-8

  1. 1,281 Posts.
    lightbulb Created with Sketch. 1025
    Hi Alice,
    Well I'm excited . Who knows really, but they are drilling targets that could well be connected to the Hemi Sanukitoid intrusions that host so much gold. The earlier air core drilling results were not unlike early day DEG results from shallow drilling in the Hemi region. They certainly encouraged me to invest a few $ into NAE a few months ago. The upshot here is that any major find is just a short distance from the new Hemi mill. So a very clear path to production and a way to treat semi-refactory ore that a small company otherwise just wouldnt be able to tackle. I learnt that lesson from the collapse of MOY. Ouch! But Hemi, now backed by NST, will be the great regional solution to these issues and NST will be very keen to aquire any similar regional deposits, as well as having the deep pockets to do deal. Fingers crossed for good news.
    GTAH

    Last edited by Fish3: 22/05/25
 
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