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Wednesday, February 14, 2018 10:21:17 AM
NMEX is currently dedicated to building cash flow from the following projects below:
Oil & Gas E&P projects in Texas (Drilling wells in proven, but overlooked oil fields)
· Drill 12 PUD locations in Permian Basin (Eastern Shelf)
· Drill 3 wells in “look-a-like” structure to a field that has produced 1,700,000 bbls from 8 wells.
· Drill 1 well in a direct offset between 2 wells with IP140 BOPD & 1.4 BCF gas
· Drill 6 wells in pre-maturely abandoned oil field with remaining oil reserves of approx. 4 – 5 million bbls
Caribbean Resort Development in Mexico
NMEX has entered into a Letter of Intent (LOI) to further pursue the possible acquisition and development of approximately 33.5 hectares (82.74 acres) on the Caribbean Coast in the state of Quintana Roo. Quintana Roo, is often referred to as “The Mexican Caribbean” with a shoreline along the Caribbean that has grown in just a few decades into a major tourism destination. It includes world-class resorts built specifically for the Yanqui/Euro tropical vacation business, small communities with a more local Maya-Mexicano character, and fascinating ancient Maya archaeological sites. Nearly 10 million people visited the state of Quintana Roo last year, according to the Tourism Secretariat of Quintana Roo (SEDETUR). The Property is a part of the Riviera Maya & is located near the recently discovered Ichkabal Mayan ruins and is situated on the Caribbean coast of the Yucatan Peninsula. NMEX considers the Property to have excellent potential for resort development.
Gold Exploration
The Winnemucca property consists of 208 unpatented claims which are all in good standing on approximately 4000 acres. The Winnemucca property is an excellent exploration property. A third party engineering report believes there is possible potential of over 400,000 ounces of gold and 4 Million ounces of silver.
http://northernmineralsexploration.com
Recent NMEX News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/12/2023 07:16:04 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 10/30/2023 09:21:23 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM