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1.9¢ navarre minerals limited

Ann: Outstanding high grade gold results from Mt Carlton United, page-22

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daicosisgod

12,010 Posts.

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25/04/22

09:21

Post #: 60999946
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Originally posted by GeoFiji ↑

Great grades of gold and silver at shallow depth. The copper values in some zones are very high and will add a lot of value per tonne. Having found a feeder structure NML has a very high grade target to follow along strike and at depth. What happens to the structure at depth as it is followed down towards the source? Are there more feeder structures below the other deposits at MCU? This type of system with these grades could be mined to great depth and it may widen or there may be more at deeper levels. This could be a very important find to the longevity and grade at Mt Carlton. I know that this will be a shallow open pit but I can't help but get excited about the depth potential.

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I had skipped over the copper grades and had another look after reading your post. And I agree some of those copper grades are great. Looking back at the Dec'21 Qtr Production report and extrapolating, copper conributes about $33m to annual revenues of NML so more copper at Mt Carlton is a blessing for shareholders.

Have a great ANZAC Day......Lest We Forget

NML Price at posting: 9.4¢ Sentiment: Buy Disclosure: Held
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