NMG new murchison gold limited

Ann: Response to Media Speculation, page-76

  1. 1,308 Posts.
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    So many places to look for more near-surface.

    Lydia has high grade intersections near-surface (and to 200m). It has a mining license, native title, and is only two km from Crown Prince. Could link to the Crown Prince dewatering pipeline. Lots of savings and quick development, if there's sufficient gold. Supergene is a bit thick, but it's rich too.

    The following significant intersections were in the Lydia oxide/supergene zone:

    7m at 116.8g/t Au from 7m, incl. 1m at 794.2g/t Au from 9m in OGGRC266

    20m at 1.00g/t Au from 43m (OGGRC262)

    8m at 2.26g/t Au from 17m (OGGRC264)

    17m at 1.33g/t Au from 6m (OGGRC271)

    10m at 1.54g/t Au from 32m (OGGRC274)

    6m at 2.94g/t Au from 31m (OGGRC282)




    https://hotcopper.com.au/data/attachments/7028/7028249-97fe21ee5ddebb96b96d3e78faea4b64.jpg


    I don't think SH need a WGX takeover to get 0.030 - just wait until Christmas.

 
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