NVA 4.76% 22.0¢ nova minerals limited

Ann: Further Visible Gold Intersected at RPM, page-33

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    An interesting little point.

    RPM-043 is going to end right between the ends of 002 and 004. See red arrows.
    https://hotcopper.com.au/data/attachments/5461/5461844-a99ece2aff84dbdd297ebe8efd71d38e.jpg

    So the hole will look like this when finished. VG (yellow) found within the 'mid-grade' (blue) portion of the resource calculation. The rest of the hole (black dashes until red dot) will continue into the 'low grade' (green) and 'undefined' portions of the resource. This green area seems to be defined as 'low grade' due to lack of data.
    https://hotcopper.com.au/data/attachments/5461/5461850-c158f1a5ead63e1957ad2adac75e464a.jpg

    And based on the geological understanding of the trend:
    VG was found at the beginning of the dark shaded area. Good.
    A lot of the remainder of the hole will pass through dark shaded, then light shaded, then nothing.
    So the hole will confirm 3 things:
    - dark shaded is a true better grade trend (than light shaded RPM-004)
    - the Southern light shading is a true boundary of lower grade (as shown by RPM-002)
    - There's a strict boundary with no shading / no mineralisation (as shown by RPM-002).


    Intended drill hole shown below. Black dashes.
    https://hotcopper.com.au/data/attachments/5461/5461855-3fadd33399d2e7d42f034b337d8f3bcf.jpg

    This is with me throwing some grade bands onto 002 and 004 (from an old SE12-008 image, but SE12-008 appears to be placed a little too far south in this old diagram, if the newer ones are accurate).
    https://hotcopper.com.au/data/attachments/5461/5461860-f45cb5b4a18ed898c7f8a07251c18916.jpg

    Then with the geological interpretation -
    https://hotcopper.com.au/data/attachments/5461/5461861-13809674d998e83c71c55d179ff12184.jpg

    And with my wild guess
    https://hotcopper.com.au/data/attachments/5461/5461863-9fbae28bee5fe32ec61a8ed34c697c13.jpg

    Then throwing the geological understanding on the SS2 resource calculation:

    https://hotcopper.com.au/data/attachments/5461/5461864-5a06c81c430669b5ee22659a4b2942d4.jpg
    There's a lot of areas that are defined as 'low grade' or 'undefined', apparently due to lack of data.

    However, the below drills/drill-pad came without fanfare. Does that not discredit the North-Western geological understanding? Or they're not giving up on that idea yet, so have left the area shaded dark red.

    https://hotcopper.com.au/data/attachments/5461/5461870-21861b0a2bc1742c80b0a3efc6116e70.jpg
    https://hotcopper.com.au/data/attachments/5461/5461872-2ea399749277ce06746345f7382ffd8e.jpg

    So VG was found in RPM North (Eastern Trend).
    But the drilling priority target was meant to be RPM Mid.
    It's true that RPM Mid is completely undefined in the resource calculation. So lots of room for drilling there. I guess it's ongoing, just no VG found yet.

    https://hotcopper.com.au/data/attachments/5461/5461873-02c9ee2f6021f3c090e600dd108adf75.jpg
    This much was apparently inferred from just 2-3 main drill holes. So it's very sparse data there, but a few more holes into RPM Mid have the potential to expand this block far further South East. With low confidence initially through (inferred), as it's a large area to drill, and nothing like the drill spacing from RPM North.
 
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