NAE - New Age Exploration

[System]

New Age Exploration Limited (NAE) is a mineral exploration company with projects in the mid-west region of Western Australia. NAE also has interests in iron ore projects in Columbia.

http://www.nae.net.au

 

[mathias679]

Hey All,

I just received a investor presentation in the mail about the Lochinvar Coking Coal Project in the UK from NAE. Anybody else had a look?
They are offering an SPP at 4.0 cents per share closing on Friday 4th of April. They are basically estimating a resource of 112Mt of Coking coal.

 

[lambini]

I'm based in Scotland and just read an article in the FT on NAE. Thinking of getting in. What's the consensus?

 

[greggles]

Thought New Age Exploration deserved a quick update.

NAE is currently progressing gold projects in the Pilbara and New Zealand. A 40 hole (~2,800m) drilling program has just commenced at the Pilbara tenements targeting "Hemi Style" intrusive gold targets.

The tenements are located adjacent to DeGrey Mining's ground which hosts the >2.2m oz Mallina gold resources plus the Hemi deposits.

The New Zealand Projects (Lammerlaw Project and Otago Pioneer Quartz Project) are both at the soil/rock chip sampling and field mapping stage with work ongoing.

It's been a good 12 months for NAE. It will be interesting to see whether their Pilbara drilling campaign yields any results.