NTU 0.00% 3.5¢ northern minerals limited

jorc resource

  1. 3,237 Posts.
    Anyone else notice from the 30 April 2012 quarterly cash flow report Northern Minerals is planning on spending $4.3M on exploration and eveluation next quarter

    Now that's some serious exploration expenditure for a quarter

    and this from the April 30 Quarterly activites report

    Successful diamond drilling and metallurgical results have significantly boosted confidence in the Wolverine prospect. Further drilling is set to commence immediately, with the target being the delineation of an initial JORC resource in the second half of 2012. Regional exploration also identified new targets at Browns Range, confirming the prospectivity of the region and the potential to build a significant mineral inventory in the region. Preliminary operating and capital cost studies have also confirmed robust economics for the project, which remains on track for commencement of HREE production in 2015.

    The Company has planned a significant drill program at Banshee and Mystique in 2012, to follow up the encouraging geochemical results
 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
0.000(0.00%)
Mkt cap ! $206.8M
Open High Low Value Volume
3.5¢ 3.5¢ 3.5¢ $69.36K 1.981M

Buyers (Bids)

No. Vol. Price($)
3 1145327 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 2000000 1
View Market Depth
Last trade - 15.35pm 04/07/2024 (20 minute delay) ?
NTU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.