STTCOMP NTL FA Long MC: $29M New Talisman Gold Mines Limited...

  1. 1,118 Posts.
    STTCOMP NTL FA Long

    MC: $29M

    New Talisman Gold Mines Limited (formerly Heritage Gold NZ Limited)  is listed on both the Australian and New Zealand stock exchanges under the code NTL..The company holds a mining permit and an exploration permit over the Talisman Gold mine project in the Hauraki Gold Field. The company has completed all necessary permitting for development of the bulk sampling project at the mine and holds a resource consent for this purpose.

    This company is in the process of restarting the mine. This means production - good prospects. This line captured my attention: Resource modelling of the Dubbo Zone has resulted in Measured, Indicated, and Inferred resources increasing to 312,800 oz gold equivalent (Au Eq) at a grade of 21.98g/t Au Eq.

    Note that this is the average, not highest.

    Aiming for $50M Market Cap.
 
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