There are many 'private' companies operating in Australia
who have contributed much,to our present understanding
of geological structures in our vast Northern regions.
Arnhem (private) relinquishes its tenement E80/4298 to
Northern in April 2014.Being a relatively new discovery
and similar HRE to that of BR (rich and highly visible)
was a good move by management to encompass John Gault
back in 2010.Especially,when previous 'shallow' diamond
drilling only tested one section of the main zone,for a
total of 503m.
No drilling was undertaken on the other two (2) zones.
The mineralized fault structure at JG extends for nine
(9) km2 originating in the south of the prospect and
trending NNE for six (6) km2 then swings NNW for three
km2.
***
Darwin is by far the most Asian orientated city in this
nation.Because of its geographical position, Darwin has
a natural bent to 'Think Asia' for exports,investment and
tourism.
However,there was a time when Darwin had only two classes
of people.Those paid to stay there-and those who had no
money to go.
Today,Darwin is booming, with the South East Asia Australia
Offshore Conference (SEAAOC)in recent days, spawning even
greater long term interest,with oil/gas giant Inpex stating
that their $33 billion 'Crown Jewel' LNG project is just a
forerunner-strengthening Darwin's future development.
Adam Giles Chief Minister together with Willem Westra Van
Holthe,mines Minister are keen to sit down and discuss
projects with investors and companies who want to develop
and export from Australia. Especially, those who want to
'value add' their product.
Both these enlightened men who are advocates of free
enterprise, place a firm emphasis on rejuvenating our
manufacturing base that has been decimated by sending our
manufacturing overseas.
By waiving the 'lower corporate tax flag' and other gems
for investment,business and infrastructure--adrenalin is
flowing again into the veins of our entrepreneurs,movers
and shakers--men and women of vision, to create downstream
development.
If Chen Yuming's (outgoing Ambassador to Australia) words
strike a cord,and Tony Abbott's willingness to promote and
develop Northern Australia is set in motion,what what a
powerful incentive for NTU to establish a HRE production
and R&D facility in Darwin.
We already have the best REE brains in the world backing
our company.Why settle for less. One doesn't have to be
'Lonergan' to visualize that "interdependence" will be
the keyword for NTU's success story :)
***
A nation is built by the spirit of its people-and there
are many layers of learning and understanding.If Tony
Abbott (we are now open for business) steps forward and
becomes a persevering and enlightened leader,a man with
clear,convincing and inspiring aims with the strength to
carry them out--then we can look forward to a decade of
'Nation Building' again,where companies such as Northern
Minerals and shareholders can grow and flourish.
May we live in interesting times :)
HM
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