NVA 3.57% 27.0¢ nova minerals limited

First 18-miles of the West Su Access Rd (WSAR) and a bridge...

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    First 18-miles of the West Su Access Rd (WSAR) and a bridge across the Susitna River are now budget approved and part of the State Transportation Improvement Plan now approved by federal highway officials. See news article here https://www.frontiersman.com/news/road-extension-new-bridge-on-susitna-now-part-of-state-s-approved-transportation-plan/article_90698524-ee46-11ee-acca-83b3075839fa.html

    Answering a few queries here today
    @nissassa as some others have mentioned here too, a higher POG effectively makes the pit bigger as lower grade ore now becomes profitable. Note the pit shells in Vrify have not been updated to reflect the S-K 1300 MRE. They are still based on the JORC compliant resources.

    @danbradster as the announcement today said, the S-K 1300 MRE is based on all the same assumptions that were used the Scoping study in-pit resources, except for the higher POG and pit slopes. It does not include the 2023 drilling or the anything to do with heap leaching which is currently being tested as part of the PFS level studies

    @straw_woods Sorry I can't reply to the question you posted on the other thread currently, but I didn't want you think I was ignoring you.
 
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