NVA 7.14% 13.0¢ nova minerals limited

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

  1. 5,951 Posts.
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    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
 
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