NME 2.00% 4.9¢ nex metals exploration limited

Ann: 6 Month Toll Milling Agreement with A1 Miner, page-13

  1. 79 Posts.
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    re: Ann: 6 Month Toll Milling Agreement with ... Dodo, seriously? 2.5 grams per tonne is marginal? I don't think so. Butterfly is moderately dipping, wide ore zones, underexplored on a brownfields scale with the pre- strip of high grade already completed.
    The ore is also free milling - i should know, ive seen it. At a conservative gold price of 1200, I'd still be reticent to call a pit like that "marginal". Even with trucking, with the discount offered from pre-strip there's money to be made there. Hardly marginal
 
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