Ann: Investor Presentation - Nova Positioned for Growth, page-180

Victoria Gold is one of the best peers we have in terms of future potential for Estelle. Posting here to show that mines can be built to schedule even in harsh winter conditions. Likely similar production method also - cold weather heap leach. Size / scale is likely similar to the Oxide prospects at Estelle where NVA are focusing exploration effort.

Victoria Gold will have first gold in September. From then on it will be interesting to see their periodic results to see production costs they actually achieve. Most Australian gold operations are underground and grades need to be much higher.

https://www.miningnewsnorth.com/sto...e-gold-stays-on-pace-through-winter/5605.html