the agreement was Pinnacles , about 80k oz of gold , but they...

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03/01/23

14:16

Post #: 65510193
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Originally posted by perdant: ↑

NXM did actually have an ore processing agreement in place with (then) SAR, now NST but from memory, that may have been for the Pinnacles project. In any event there is nothing stopping further agreements being struck.

"Bethanga has been long forgotten this year unfortunately,"

Then what about Paint?
This email from Andy in 2021:
Yes Paint still well and truly in the picture for drilling in 2021.
It’s a big system and will potentially take multiple programs to test adequately.
Latest round of Crusader - Templar drilling makes a similar size target now possible.
Am now eagerly awaiting the commencement of our 2021 drill programs.Obviously Wallbrook has taken priority since then. I would still like to see some holes put down there again this year. The potential at Paint was one of the reasons i got into NXM in the first place. Paint has even dropped off all the presentation and ann slides. Here it is for those that are new or don't know:
https://hotcopper.com.au/posts/48216259/single

https://hotcopper.com.au/posts/54516788/single
https://hotcopper.com.au/posts/54511117/single

Expand

Originally posted by perdant: ↑

NXM did actually have an ore processing agreement in place with (then) SAR, now NST but from memory, that may have been for the Pinnacles project. In any event there is nothing stopping further agreements being struck.

"Bethanga has been long forgotten this year unfortunately,"

Then what about Paint?
This email from Andy in 2021:
Yes Paint still well and truly in the picture for drilling in 2021.
It’s a big system and will potentially take multiple programs to test adequately.
Latest round of Crusader - Templar drilling makes a similar size target now possible.
Am now eagerly awaiting the commencement of our 2021 drill programs.Obviously Wallbrook has taken priority since then. I would still like to see some holes put down there again this year. The potential at Paint was one of the reasons i got into NXM in the first place. Paint has even dropped off all the presentation and ann slides. Here it is for those that are new or don't know:
https://hotcopper.com.au/posts/48216259/single

https://hotcopper.com.au/posts/54516788/single
https://hotcopper.com.au/posts/54511117/single

Expand

the agreement was Pinnacles , about 80k oz of gold , but they pivoted to exploring more

I think there was some Paint drill hole results buried in an update, they were largely dusters and glossed over.

NXM Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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the agreement was Pinnacles , about 80k oz of gold , but they...

Hastings progressing Yangibana to production with lower costs

The iron ore comeback: Can it last?

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

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the agreement was Pinnacles , about 80k oz of gold , but they...

Top Stories

Hastings progressing Yangibana to production with lower costs

The iron ore comeback: Can it last?

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

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