NWR northwest resources limited

wte hitting very hi grades next to nwr

  1. 4,846 Posts.
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    The market has not yet realized (any of??) the open pittable potential of NWR's Blue Spec and Red Ribbon Shear Zones. WTE owns the Easterly continuation of these zones. As you cross from NWR ground into WTE drilling has outlined a 7 kms strike of very high grade open pittable gold. Golden Gate is IMHO only about 5-10% of this zone and has 358,000 tonnes @ 4.2 g/t. WTE is currently drilling on Condor, Harrier, Buzzard and Falcon (which is 2 kms long and may cross into NWR ground). At Falcon they are getting multiple high grade near surface hits such as 17 m @ 13.5 g/t. These open pittable zones are all found where the Blue and Red Shears run parrallel.

    Linq Fund has increade their holding in WTE to just under 30%. NWR should be reporting on their 18,000 m drilling program on their side of this same system. NWR is after BOTH high grade plunging shoots and open pittable gold. NWR has already reported the highest grade gold in Australia and may be on the verge of reporting a whole bunch of other very bullish IMHO drilling data.
 
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