NST 0.96% $15.85 northern star resources ltd

3390gt, page-10

  1. 1,463 Posts.
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    the last two announcements have underscored the strength of NST's existing projects:

    Ashburton Project is going full steam ahead with over 80% recovery from sulphides achievable.

    "...committed to expediting plans to establish a 100,000ozpa stand-alone
    operation at its Ashburton Sulphide Gold Project in WA after metallurgy
    tests returned highly favourable results....
    ...Part of Northern Star's recent $45 million capital raising will be used to accelerate progress at Ashburton.
    "

    Paulsens Voyager 2 latest drilling results confirming mining will take place:

    "Part of the $45 million raising has been earmarked for rapid capital development to mine the Voyager 2 lode ahead of schedule and for installing a gravity circuit due to the very high grades"

    See no urgency to pick up more projects before these two are progressed further. Capital from CR invested in Ashburton & Paulsens promises to deliver exceptional returns for shareholders.

    cheers

 
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