NVA 7.32% 19.0¢ nova minerals limited

Ann: Company Presentation - Estelle Gold Trend, page-35

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  1. 250 Posts.
    lightbulb Created with Sketch. 142
    It doesn't add up.
    See table below from Page 10.
    With a cut off grade of 0.3g/t there's 1.5Moz of contained gold.
    If you lower the cut off grade to 0.2g/t then all of the 1.5Moz within the 0.3g/t cut off grade would still be within the 0.2g/t cut off.
    This means there is no gold between the 0.2g/t and the 0.3g/t cut off. Which means its not a resource. Even an inferred resource.
    Is there a geologist out there who can explain this?

    https://hotcopper.com.au/data/attachments/4226/4226730-3fac0f1931e47d6a3b37f9d290fcd24d.jpg
 
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