NVA 3.23% 15.0¢ nova minerals limited

Ann: 1,290g/t Au Rock Sample Returned from Shoeshine, page-24

  1. 6,041 Posts.
    lightbulb Created with Sketch. 1472
    It's interesting (being a project-wide record, and Shoeshine appearing clearly superior to Shadow), but Shoeshine is barely on the cards for drilling (next season initial drilling if we're lucky) , so it's not relevant in the immediate term.


    "Okay- what price would you get for just that sample?"

    Gold $63.7k USD/kg
    Sample grade - 1,300 g/t
    Sample weight - 3kg?
    3kg sample would include: 3.9g gold.
    Value of gold in sample: $248.


    "if you have 1,300 g (1.3kg)/t - at just one of these in a 100m, it's13g/t over 100m"

    That's if you have a full 1m @ 1300g/t. A rock chip is more likely from a 10cm portion of vein etc. If it was a 1m vein, it would probably be worth getting in there with a pick.


    https://hotcopper.com.au/data/attachments/5749/5749687-c15af7e0e242998182a76db4c77cf6c6.jpg




    Also interesting for me, antimony was half decent in Shoeshine, and weak in Shadow. Which makes Trumpet stand out even more. Good luck for North's antimony.
    Last edited by danbradster: 20/11/23
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
-0.005(3.23%)
Mkt cap ! $36.53M
Open High Low Value Volume
15.5¢ 15.5¢ 15.0¢ $11.04K 73.58K

Buyers (Bids)

No. Vol. Price($)
3 44377 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 6491 1
View Market Depth
Last trade - 14.55pm 03/09/2024 (20 minute delay) ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.