Niuminco announces bonanza grades of gold at Edie Creek

Metal and mining company Niuminco (ASX: NIU) today announced the bonanza grades of 83.3g/t gold from new Edie Creek veins. These newly discovered veins are located in the Ingopae area of Edie Creek, approximately 200 meters south of the old Ingopae “pit”.

Following the workings done by illegal artisanal miners 80metres to the southwest of Edie Creek vein, Niuminco’s team moved to bulk-sample this new, narrow, northeast-southwest running vein after exposing it further both along and down strike.

In the sampling results of Edie Creek system, the company released that 2.6 tonnes of the vein material have produced 218.7g of gold over the three days 10 to 12 September. This gold and 191.2g of silver were produced from 882g of wet amalgam, which is a typical ratio for Edie Creek vein materials. [optin-monster-shortcode id=”wxhmli4jjedneglg1trq”]

On 13 September 2018 sampling and processing has produced 1909g of wet amalgam which is reported to be refined and sold today, 14 September 2018.

The share price of this mid cap company elevated by 100% to $0.002 on 14 September 2018 (4:23 PM AEST). The stock of $2.66 million company has seen a performance change of -50% over the past one year.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Checkout our Free Dividend Stocks Report

Specially made for income-hungry investors, Invest in growing Franked Dividends an opportunity that should not be missed.

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report