NTL new talisman gold mines limited

Rahu Project, page-25

  1. 11,339 Posts.
    lightbulb Created with Sketch. 1885
    There is public road going right into NTL's mining permit area. Yes, NTL has a mining permit. Here's the permit number for you to look up, seeing as you have again shown yourself incapable:



    LNY has exploration permits. LNY has absolutely no ownership or interest in the land that those exploration permit areas cover. NTL does not need LNY's consent for anything at all.

    You are showing yourself again to have no understanding of the legal framework here in NZ.

    Here's a map of the area (a bit out of date, noting that NCM withdraw from the LNY JV after finding no substantial gold mineralisation, as discussed in my post above):



    Here's a nice map of the graded public road going to the tar sealed road which goes into SH2:



    Again, even if there was no public road to NTL's portal pad in their mining permit area, LNY has absolutely no say in whether the landowners allow NTL (or anything else) to access their land.

    20,000 cubic meters per annum

    You can assign whatever weight you like to 20,000 cubic meters per annum. The 23g/t grades we've got makes 40,000ktpa very lucrative for bulk sampling. Certainly a lot better than 0.73g/t rock chip samples and no substantial gold mineralisation gold in drilling like LNY.

    TMP

    NTL is constructing the mine under a prospecting resource consent. NTL also has a resource consent for bulk sampling.

    Once the TMP is lodged the bulk sampling consent starts, which is why they have no lodged it because then the bulk sampling consent would be taken up in part by construction time.

    Conclusion

    You have no credible or useful points about NTL. You don't even seem to have any understanding of LNY's project here in NZ either. It is not the sign of prudent investment or research. Back to the drawing board again dugsab - found any of those great 0.73g/t rock chip samples yet?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.