The devil is in the detail!
The papers containing the contractual agreement between Farno and De Grey will no doubt be extensive, so it’s difficult for anyone here to give you a definitive answer.
That legal document may in fact make reference to conglomerate-hosted gold, and if so, it would not be necessary to define it as alluvial or not.
Ann: Novo secures 100% of Farno McMahon, page-33
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