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As of 2:08 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

northern mining ltd (WTW) Snapshot

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Previous Close
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Day High
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Day Low
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52 Week High
03/6/14 - €0.04
52 Week Low
08/6/13 - €0.0030
Market Cap
18.8M
Average Volume 10 Days
0.0
EPS TTM
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Shares Outstanding
938.4M
EX-Date
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northern mining ltd (WTW) Details

Northern Mining Limited explores for and develops mineral tenements. The company operates in Australia and Poland segments. It primarily explores for gold, nickel, and other minerals. The company’s exploration portfolio comprises the East Kalgoorlie Gold and Nickel Project in Western Australia. Northern Mining Limited is based in Osborne Park, Australia.

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northern mining ltd (WTW) Key Developments

Northern Mining Limited Commences Drilling At Western Australia, Northern Territory and Poland

Northern Mining Limited announced as a mineral explorer in Western Australia, Northern Territory and Poland. During the quarter, the company commenced drilling at the following tenements: Blair North Northern Zone (E25/268) - a single 210m reverse circulation (RC) drillhole was drilled at the beginning of March 2014 to target gold mineralisation. Assay results will be announced when finalised in due course. Blair (E26/112) - a single 157m reverse circulation (RC) drillhole was drilled in March 2014 to investigate the potential for bedrock nickel sulphides. It was targeted to intercept the interpreted ultramafic sequence from 100m below surface. Assay results will be announced when finalised in due course.

Northern Mining Limited Commences Drilling at Blair North Northern Zone Prospect, Located at East Kalgoorlie Project

Northern Mining Limited announced that it has commenced a single reverse circulation (RC) drillhole BNRC095 with planned depth of approximately of 200 metres at the Blair North Northern Zone prospect, located at the East Kalgoorlie Project. The drillhole is located on Section Line 6592700mN, targeting the northward extension of encouraging intersections on the 6592650mN line in holes BNRC066 and BNRC085. The geology and existing drillholes support the hypothesis that the mineralisation continues to the north of drillholes BNRC066 and BNRC085 and intersections of gold mineralisation may improve the continuity of mineralisation and could also increase the potential for the establishment of a mineral resource at the prospect. Thin intersections of high grade gold were previously encountered in BNRC066 at 235.43m for 0.47m @ 30.98 g/t and in BNRC066 at 253.67m for 0.21m @ 67.97 g/t within a halo of lower to moderate grade halo of mineralisation in drillholes BNRC066 and BNRC085, visible gold was noted during core logging. Should the planned drillhole BNRC095 finishes in mineralisation, it may be extended at a later date by diamond drilling if warranted.

Northern Mining Ltd Announces Consolidated Earnings Results for the Half Year Ended December 31, 2013

Northern Mining Ltd. announced consolidated earnings results for the half year ended December 31, 2013. For the period, the company reported loss before income tax of AUD 7,373,279 against AUD 457,212 a year ago. Loss attributable to owners of the company was AUD 7,374,676 or 1.4 cents per diluted share against AUD 457,668 or 0.15 cents per diluted share a year ago. Net cash used in operating activities was AUD 287,054 against AUD 461,424 a year ago. Payments for plant and equipment were AUD 359. Exploration expenditure was AUD 92,668 against AUD 524,328 a year ago.

 

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