The Company holds interests in the following Gold and Base-Metal Projects:
(a) the Bali Project, which is a copper and base metals exploration licence, located approximately 250 kilometres west of Newman in the Ashburton region of Western Australia. Exploration will initially focus on the Bali Shear Zone, which appears prospective for copper and silver;
(b) the Warriedar Project, which is a gold project located approximately 420 kilometres northeast of Perth and has a number of drill-ready gold targets including the project’s historic Reid’s Ridge Gold Mine and the Mount Laws mineralised trend;
(c) the Arunta West Project, which is an Iron Oxide Copper-Gold (IOCG) project located 600 kilometres west of Alice Springs. The Arunta West Project features an ovoid co-incident magnetic and gravity anomaly known as the North Dovers prospect. Four deep diamond drill holes at North Dovers are planned to test the Iron Oxide Copper-Gold (IOCG) target and other styles of economic mineralisation;
(d) the Marymia Project, which is a gold and copper project located approximately 900 kilometres north of Perth and is targeting orogenic-gold and Volcanogenic Massive Sulphide (VMS) copper/base metal mineralisation. Several walk-up drill targets comprising both gold and VMS style mineralisation are scheduled for testing prior to the end of the 2018 calendar year; and
(e) the Marriotts Project, which is a nickel project located approximately 70 kilometers south of Leinster and 80 kilometres north of Leonora. The project has an established Inferred Mineral Resource of 662,000 tonnes @1.3% nickel(2). Remodelling of the deposit will be undertaken in order to seek to reclassify part of the resource into the Indicated category.
It is anticipated that NWM will list on the ASX during October 2018.
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