Australia's largest stock trading and investment forum Australia's #1 stock forum

NML

Click for more information

0.00%

1.9¢ navarre minerals limited

Some research thoughts., page-6

First 6 Last

Share
Profile

Follow
wolfofbridgest

3,185 Posts.

677

03/05/20

20:31

Post #: 44409588
Share

Originally posted by rivermore: ↑

TBH, not really.

SVY drilled into a very high grade section of the UCF whereas the initial NML Eclipse holes plus my interpretation of the latest results suggest a more homogenous result with potentially huge tonnages and better grades underneath.

Thats dispersed ore is not necessarily a bad thing though.
I think we are only in the mineralised halo above the porphyry intrusion.
The fact that we have hit sulphides in 3 out 3 holes is something that means more to me.

SVY's deposit is like a necklace of high grade nodes connected by i suspect, lower grade sections whereas large homogeneous deposits if thats what Eclipse is, can be lower grade but are much more readily valued, mined and are potential company makers.

We need to assay, hold onto 100% and then drill drill drill.

Expand

A true legend in the Victorian gold space sent me this River. You might like this too: https://earthresources.vic.gov.au/__data/assets/pdf_file/0005/502844/20190813_SGA_Epidote-chlorite1200DPI.pdf

NML Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MGU

New results confirm Buena Vista's iron grades potential

There are more pages in this discussion • 118 more messages in this thread...

First 6 Last

Add NML (ASX) to my watchlist