New Uncharted SP Territory, page-228

You say "The chance of encountering visible gold in this style of mineralisation is almost nil." and talk about there being "no nuggety gold in the core." Nobody is expecting nuggety gold at NAGs.

Disseminated gold can be visible and is so at Fosterville. They have multiple visible gold core sample of disseminated gold - see the pics below from Fosterville. That aint nuggety gold in the pictures & it is visible.



We are not saying visible gold is a definite but that it is a possibility. Visible Gold certainly isn't a prerequisite. All NAGs needs is Grades of 5 g/t or better & its commercial, assuming costs of about 3 g/t.

When you say the chances of visible gold are "almost nil". What do you base that on? Fosterville alone shows it to be possible. Known gold at the surface shows it is possible at NAGs.

I agree assays will determine the grades but so will visible gold to some extent, in that it's going to be up around 30g/t or more if its visible.