1a. Laancelot drilling results. 1b. Processing Trial of stock-piles - results pending (not sure - maybe someone can clarify on this) 2. Sacramore and Palomides pits have been dewatered and material has been excavated from Palomides pit to start Production Trials. The pre-feasibility production trials is focussed on the pipes Gawain, Ywain, Kaye, PalSac and Launfal using improved liberation and recovery techniques - there should be some exciting actions here 3. Three 200t samples have been excavated from Gawain pit aimed at establishing an accurate base of pit grade. These samples await processing. These samples will be used to establish an accurate base of pit grade for Gawain and provide diamond size distribution information that will allow ongoing interpretation of the deep core samples which is required for pre-feasibility studies. Similar samples are to be excavated from the other pits under evaluation - results pending 4. ARNHEM LAND - Reconnaissance stream sampling completed on three granted tenements + Final consultation meetings held for 7 tenements with 6 now expected to progress to grant. NADL has a contractual right to obtain an 80% interest in 2 tenements covering approximately 2,097 km² of land in the prospective western region of Arnhem Land. The Company’s right to acquire an 80% interest in the 2 tenements is conditional on the grant of these tenements which are currently at the application stage. 5. YAMBARRA - Reconnaissance sample reports 1 kimberlitic chromite. 6. KIMBERLEY PROJECTS - Within the Company’s North Kimberley project area, the Company had previously identified a total inferred resource of 1.57M carats, contained within the Ashmore and Seppelt 1 and 2 pipes. The Company holds these resources under mining leases, as they continue to retain commercial potential. The Company also retains 1 exploration license within this region - Been quiet here for awhile, but hope they do something about it 7. TUE (25% OWNED BY NAD) - ARNHEM LAND PROJECT + MCARTHUR SOUTH PROJECT = Why TEU so quiet with little or no activities announcements
Thanks
AoA
NAD Price at posting:
5.9¢ Sentiment: None Disclosure: Held
