nng announcement
NNG have released two announcements last Friday. The first that they are doing a feasibility on Sinivit with the aim of commencing a 40K oz mine Dec 04. Most of the infrastructure is in place from the MMN days and they will use proceeds from the production to increase the plant. The second was that NNG have increased the strike length of the Simuku project in PNG by 3Km. MMN's investment in NNG has increased to over AUD$10M. NNG shares closed at C$0.52 on Friday.
MMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
