NAE new age exploration limited

Ann: Maiden RC Drill Program Completed at Wagyu Project, page-10

  1. 6,113 Posts.
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    Anoremalous,

    Indeed it is.

    1. Phase one. Ac drilled soft rock to intrusion and into intrusion about 1m.

    The limit of Ac even if just 10m in as ground to hard being intrusion.

    2. Phase two. RC deeper than Ac to test intrusion.

    Announced hit mineralisation and adjacent, plus alteration.

    Meaning it continued down in depth from Ac cease point.

    Most holes were planned to be 80m, some are 150m.

    Meaning they drilled to mineralisation stop, or once outside intrusion stopped.

    3. Phase 3. Planned Ac, that will be because the soft rock footprint is open.

    So same to intrusion as prior Ac.

    I have a 30 plus year gold mining background and overall gold prospecting background of over 40 years.

    I used to run my own mine with cat D10 and cat 992. Discovery to mining.

    We only have this in the bag on official results, but for gold, I see no play stronger.

    Plus NZ if decent anatomy is found. WELL...

    NAEs valuation is probably centred around NZ assets, I do not think there ground near Degrey is factored in.

    I have bought 3 multi million lots this week.
    Last edited by mode1971: 10/04/25
 
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