I think the shareholders of NML are in for some very good news!
Why?
It is written in today's Presentation that NML are EXPANDING ALL DRILLING PROGRAMS and they are now talking about defining new resources in areas that have only just been drilled and where we have PLENTY OF RESULTS IMMINENTLY PENDING!
So in my book I believe that the shareholders of NML are just about to be bombarded with some SPECTACULAR results!?!
We have results pending from;
(1) Morning Bill/Glenlyle. 2km of deep diamond drill holes under the best received AC assay results plus 22+ AC results due.
(2) St Arnaud. 2km of deep diamond drill holes to retest the previous 1m@1,174 g/t Au result + plenty more pending AC results.
(3) Adventure Lode. 3+ diamond drill holes (Continuing resource expansion).
(4) Tandarra AC+RC+DD results pending.
Tomorrow Prospect: Two diamond holes have been completed with significant quartz-sulphide fault zones intersected at depths of between 180m and 450m downhole. These newly discovered structures are interpreted to be fault repetitions which could represent upside potential for the Tomorrow gold system. Assays are pending
So whilst today's presentation outlines plenty of continued exploration work to help add more ounces...I am very excited to hear more about why NML have decided to continue and expand their exploration programs at both Morning Bill and St Aranud especially when we are currently waiting on Imminent results from both of these programs. To me it MUST BE LOOKING THE GOODS!!
GLTAH+DYOR
P.s. NML has $5.7 Million in the Bank which basically means there is no need for a CR within the next 12-24 months.
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- Ann: Investor Presentation May 2021
Ann: Investor Presentation May 2021, page-7
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