NVA 2.63% 19.5¢ nova minerals limited

Ann: Notice of General Meeting/Proxy Form, page-2

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  1. 261 Posts.
    lightbulb Created with Sketch. 14
    Interesting about the performance right conditions.
    The following are the Applicable Milestones for Performance Rights:
    Class Applicable Milestones
    A Announcement to ASX of the delineation of an Inferred Mineral Resource (as defined in the JORC code) of at least 5,000,000 ounces of gold with average grade not less than 0.4 grams per tonne (g/t) for not less than 388 million tonnes (mt), subject to amendment as required by ASX.
    B Announcement to ASX of the delineation of an Inferred Mineral Resource (as defined in the JORC code) of at least 10,000,000 ounces of gold with average grade not less than 0.4 grams per tonne (g/t) for not less than 776 million tonnes (mt), subject to amendment as required by ASX.
    This is double and quadruple of the existing resource
 
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