NVA nova minerals limited

Ann: Further Visible Gold Intersected at RPM, page-43

  1. 1,026 Posts.
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    I thought they drilled the sh** out of that pad last season. I'm surprised they have any angles left.
    Last time round I was getting excited because cores with gold were coming up in more than double the initial area...... or so I thought!!!!
    I still struggle getting my head around the 2-D images and trying to figure out how it fits in to the 3-D model. And what the current model has "inferred"
    Is hole 43 already in the current resource??
    We're hoping for more measured and indicated ounces. Lifting the grade would also be fantastic.
    When I run numbers, if we're hoping to produce 120,000oz pa , we want more measured and indicated ounces at RPM. I don't know if we can do this by expanding the larger lower grade zone, I think we need to chase the higher grade zone which hole 43 seems to be doing.
    If we can get to 1.5m oz/ measured & indicated with a grade above 0.7g/t we should be in business...
    The inferred 820,000oz @ RPM north hopefully shouldn't need much more drilling to move to indicated, we did alot of drill last season.
    Hopefully we can get there after this round of drilling.........




 
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