NIU 0.00% 2.0¢ niuminco group limited

Niuminco Group Limited Suite 50, 14 Narabang Way, Austlink...

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    Niuminco Group Limited Suite 50, 14 Narabang Way, Austlink Corporate Centre, Belrose NSW 2085 Australia Tel: (02) 9450 0828 Fax: (02)9450 0877 Email: [email protected] ABN 44 009 163 919

    DRILLING UNVEILS NEW POTENTIAL BULK-TONNAGE NEAR SURFACE ZONE WITH HIGH-GRADE INTERCEPTS The initial 48 metres of the first hole in the Karuka/Enterprise potential bulktonnage zone has produced results indicating continuity of mineralisation and high-grade intercepts:

    Creek operations.  Assays are pending for the remainder of EDD 024, which ended at a depth of 219m.  A furthe EDD 024 intercepted 48 metres @ 1.72 g/t Au from surface, including: o 3.2 metres @ 16.75 g/t Au from 39.1m, including a section of, o 1.3 metres at 32.1 g/t Au from 41.0metres to 42.3metres  The high-grade intercepts are significant in the context of the bulktonnage target with strong continuity of mineralization exhibited.  Drill Hole EDD 024 is located only 800m from the Edie Creek Mine processing infrastructure, with the potential to provide further highgrade mining material for current Edie r 9 holes to be drilled in the Enterprise / Karuka system, with hole Two (2) commencing in coming days.
 
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