Very significant high-grade, near-mine gold drilling results released today by Northern Star (ASX: NST) at its Paulsens mine in WA. The new Titan discovery has the potential to add significant value due to the proximity of the discovery (~100 metres) from the existing Paulsen's mine. This means the company could access Titan from the existing underground mine without the added need to further spend on capital development at Titan. A relatively low capex mine life boost to in excess of five years.
I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...
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