All tagged NTM Gold ASX:NTM
During March 2019 Quarter, NTM Gold Limited (ASX: NTM) completed several drilling programmes including a follow-up RC program testing a number of targets at the Company’s 100%-owned Redcliffe Gold Project (“Redcliffe”), located near Leonora in the Eastern Goldfields of Western Australia.
Goldfields explorer NTM Gold Ltd (ASX: NTM) says it has received exceptional aircore drilling results from Hub prospect within the Redcliffe Project located near Leonora. The Hub drilling is part of a larger campaign testing a number of targets, with the majority of the program testing potential northern extensions to NTM’s 2018 Hub discovery.
NTM Gold Ltd (ASX: NTM) has resumed aircore drilling as it continues an aggressive exploration program at its 100% owned Redcliffe Gold Project located near Leonora, Western Australia. The aircore campaign follows on from the highly successful 2018 aircore work that returned multiple +1g/t Au intersections from six targets and identified the exciting Hub prospect.
NTM Gold (ASX: NTM) has appointed Eduard Eshuys as a Non-Executive Director, representing DGO Gold Limited (ASX: DGO) which recently increased its shareholding in NTM to 12 per cent. Mr Eshuys is DGO’s Executive Chairman and a highly-regarded geologist, with several decades of exploration experience in Western Australia.
NTM Gold Ltd (ASX: NTM) has provided an exploration update for its wholly-owned Redcliffe Gold Project located near Leonora, Western Australia, where reverse circulation drilling across a number of prospects has returned good results from a number of areas. The recently completed RC drilling targeted a number of prospects following up the highly successful 2018 aircore campaign, testing the depth extents of the shallower mineralisation intersected in the aircore.
Emerging Goldfields explorer NTM Gold (ASX: NTM) has added $1.5 million to its coffers as it eyes another big exploration push at the highly prospective Redcliffe gold project near Leonora. The cash was received from the Ed Eshuys-run DGO Gold (ASX: DGO) in line with a deal struck between the two companies late last year. The DGO placement was priced at 4c a share, a significant premium to NTM's prevailing price of 3.4c. The funds will be used by NTM to accelerate exploration at Redcliffe, where diamond drilling is underway. Redcliffe already hosts a 538,000oz resource, not including new discovery Hub and other prospects due to be drill-tested this year.
The well-attended RIU Explorers Conference in Fremantle this week served as the perfect backdrop for three of Australia’s most exciting exploration stories to launch their 2019 drilling campaigns. For Gold Road Resources (ASX: GOR) and NTM Gold (ASX: NTM) it is go for gold in the Goldfields while St George Mining (ASX: SGQ) wants to build on its status as owner of Australia’s most exciting greenfields nickel project.
Emerging Goldfields explorer NTM Gold (ASX: NTM) has spelt out plans for an aggressive exploration campaign at its highly prospective Redcliffe gold project to kick off 2019. Addressing investors at the RIU Explorers conference in Fremantle this morning, NTM managing director Andrew Muir will reveal that the first round of RC drilling at Redcliffe, near Leonora, has already been completed and will be followed by diamond and aircore work. Mr Muir will also highlight NTM's low discovery costs and the fact the company's enterprise value per ounce of resource is half that of its peers.
Emerging Goldfields explorer NTM Gold (ASX: NTM) has signed off on a busy quarter that saw the completion of an 18,000m aircore program and the discovery of the exciting Hub prospect. The aircore results and some immediate RC follow-up work have raised hopes the Hub will become the next substantial deposit across NTM's 100%-owned Redcliffe project near Leonora, where it has already delineated a 538,000oz resource. The next round of RC drilling at Redcliffe is underway.
Emerging Goldfields explorer NTM Gold (ASX: NTM) says 1m resamples from RC drilling at its highly promising Hub prospect near Leonora have confirmed excellent grades and good widths. Highlights were 12m at 4.55g/t from 40m including 4m at 9.28g/t; 8m at 2.02g/t from 29m and 7m at 3.47g/t from 155m including 3m at 6.15g/t. NTM said the drilling highlighted the significant potential of the Hub, part of its 100% owned Redcliffe gold project. Follow-up RC drilling at the Hub is underway before attention turns to other prospects across Redcliffe. Redcliffe already hosts a 538,000 ounce mineral resource, with new prospects like the Hub raising expectations of a significantly greater gold inventory across the 170sqkm project area.