The company has said that drilling will start in the next quarter, but I think it will commence in April as they do not have the wet weather issues as they did before, and if these results are as good, NRL will get their JORC.
There are many iron ore mines in our North, and also in Africa
with billions of tonnes of ore in the ground, but for many the major obstacle being is getting their product to port.
Building new railways comes will a huge cost, the thing is, what I like about NRL is it has power and a rail line on it's doorstep.
There are many with a view that NRL will not define a cocking coal deposit suitable for large scale open pit mining, I happen to think otherwise.
Will NRL go from an explorer to a producer imo yes, only time will tell.
Enjoy the ride...
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The company has said that drilling will start in the next...
Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##
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