Ann: Logistics Assessment for majority-owned lithium project, page-49

Drilling by NVA at Estelle was very limited last year. Sure they had
past drilling results and obviously they seen huge potential.

I am probably a "newbie" to holding NVA as I started buying about
18 months ago. What I did notice was how confident management
was in the companies future. As I said a few times nearly $2.5m
put in and participating in every credit raising. What does that tell
you about how confident these guys are in not just Estelle but
where the gold price is headed. I mentioned last year that we
could have the perfect storm where gold starts a bull trend
just when results start coming in. I was a year too early.
Also drilling last year ended early due to delays and the harsh
Alaskan winter.

This year Estelle is being drilled with the gold price running hot and
development in the way of a permanent camp being
the surprise. Once again this shows how confident management
are in the Estelle project. I have always said Estelle is the
main project for NVA and the one which interested me the most.
I am not discrediting NVAs other projects which will surely add
value. But IMO gold is where its at and NVA are in a great position
after a lot of planning by management.
Well done I say.