EDITOR: | February 23rd, 2015 | 3 Comments

Northern Minerals Limited: Increased Mineral Resource delivers more good news

| February 23, 2015 | 3 Comments
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Comments

  • David

    More great news for Northern Minerals.

    With last week’s news about Jien Mining providing funding, another piece of the puzzle has come together.

    The company is still offering guidance that they will be in production by the end of the year, just as Terbium and Dysprosium prices seem to be on the increase again with an increase of 47.73% and 21.52% respectively just since November.

    I expect to see significant increases in the share price (NTU.ASX) shortly, so now seems a great time to acquire more shares….if you can!

    February 23, 2015 - 5:10 PM

  • David

    …Sorry, a typo… last post should have said……

    More great news for Northern Minerals.

    With last week’s news about Jien Mining providing funding, another piece of the puzzle has come together.

    The company is still offering guidance that they will be in production by the end of next year, just as Terbium and Dysprosium prices seem to be on the increase again with an increase of 47.73% and 21.52% respectively just since November.

    I expect to see significant increases in the share price (NTU.ASX) shortly, so now seems a great time to acquire more shares….if you can!

    February 23, 2015 - 5:13 PM

  • merlion

    David, I agree.

    Figure 2 on page 7 of the above announcement is the really good news … over and above the 8% resource increase.

    The jaw-dropping potential is shown at depths that have not yet been measured.

    We know, as Figure 2 depicts, that hydrothermal xenotime mineralisation features wider veins with richer grades as you drill deeper.

    My understanding is that the CURRENT resource measurement drilling reached only as far as ca. 250 meters deep. (Correct me if this is false).

    The stunning probe results from drillholes BRWT0332W5 announced 12Dec’13 and BRWT0273 on 01Oct’13 begin to quantify the treasure trove the hydrothermal model delivers below 350 meters.

    February 24, 2015 - 8:49 PM

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